402 NW 3rd Street, Lawton, OK 73507
Local realty services provided by:ERA Courtyard Real Estate
Listed by: steven spencer
Office: real broker llc.
MLS#:1212270
Source:OK_OKC
402 NW 3rd Street,Lawton, OK 73507
$125,000
- - Beds
- 6 Baths
- 1,974 sq. ft.
- Multi-family
- Active
Price summary
- Price:$125,000
- Price per sq. ft.:$63.32
About this home
Value-Add Multifamily Opportunity in Lawton. This 3-building complex features 6 studio units listed at $125,000. The property offers a diverse mix of conditions for the savvy investor: 2 tenant-occupied units generating $1,050/month, 1 vacant rent-ready unit, 1 vacant unit needing cosmetic updates, and 2 fire-damaged shells ready for full renovation. Current market rates support a projected rent of $550/unit ($3,300/month total) once stabilized. Portfolio Option: This property can be purchased individually or combined with the adjacent listing, 408 NW 3rd St (a triplex listed at $125,000), to create a 9-unit portfolio. Sold As-Is. Please do not disturb tenants. Full investor packet available.
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Home facts
- Year built:1941
- Listing ID #:1212270
- Added:54 day(s) ago
- Updated:March 26, 2026 at 05:58 PM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:6
- Kitchen Description:Refrigerator
- Living area:1,974 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
Structure and exterior
- Roof:Metal
- Year built:1941
- Building area:1,974 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Corner Lot, Interior Lot
- Architectural Style:Traditional
- Construction Materials:Concrete, Frame
- 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.:$63.32
Features and amenities
- Appliances:Refrigerator, Water Heater
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