402 NW 3rd Street, Lawton, OK 73507

Lawton
Local realty services provided by:ERA Courtyard Real Estate
Listed by: steven spencer
Office: real broker llc.
MLS#:1247564
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 #:1247564
  • Added:58 day(s) ago
  • Updated:October 31, 2026 at 09:31 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
MLS LogoListing content and images Copyright© 2026 MLSOK®. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. OK_OKC Member Broker: Jeffrey Langum

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