408 NW 3rd Street, Lawton, OK 73507

Lawton
Local realty services provided by:Better Homes and Gardens Real Estate The Platinum Collective
Listed by: steven spencer
Office: real broker llc.
MLS#:1212272
Source:OK_OKC
408 NW 3rd Street,Lawton, OK 73507
$125,000
  • 6 Beds
  • 3 Baths
  • 1,701 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$125,000
  • Price per sq. ft.:$73.49

About this home

Income-Producing Triplex in Lawton. This investment opportunity features three spacious 2-bedroom units listed for $125,000. Ideally positioned for an investor looking for immediate cash flow plus upside, the property is currently generating $1,300/month from two occupied units. The center unit (410) requires full renovation, offering a clear path to force appreciation and increase the rent roll. Current market rates support a projected rent of $650/unit ($1,950/month total) once fully stabilized. Portfolio Option: This property can be purchased individually or combined with the adjacent listing, 402 NW 3rd St (6 studios listed at $125,000), to create a 9-unit portfolio. Sold As-Is. Please do not disturb tenants.

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Home facts

  • Year built:1941
  • Listing ID #:1212272
  • Added:48 day(s) ago
  • Updated:March 20, 2026 at 12:36 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Kitchen Description:Refrigerator
  • Living area:1,701 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)

Structure and exterior

  • Roof:Metal
  • Year built:1941
  • Building area:1,701 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Corner Lot, Interior Lot
  • Architectural Style:Traditional
  • Construction Materials:Concrete, Frame, Stucco
  • Foundation Description:Slab

Schools

  • High school:Lawton HS
  • Middle school:Central MS
  • Elementary school:Lincoln ES

Finances and disclosures

  • Price:$125,000
  • Price per sq. ft.:$73.49

Features and amenities

  • Appliances:Refrigerator, Water Heater
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