402 NW 3rd Street, Lawton, OK 73507
- $125,000
- 1,974
- SqFt
- List Price
- $125,000
- MLS#
- 1247564
- Days on Market
- 9
- Living Area
- 1,974
- Status
- ACTIVE
- Type
- Multifamily
- Neighborhood
- North
Property Description
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.
/u.realgeeks.media/waylonstricklin/Logo.png){kind=logo}
Additional Information
- Construction
- Concrete, Frame
- Year Built
- 1941
- School District
- Lawton
- Elementary School
- Lincoln ES
- Middle School
- Central MS
- High School
- Lawton HS
- Roof
- Metal
- Appliances
- Refrigerator, Water Heater
- Cooling
- Window Unit(s)
- Lot Description
- Corner Lot, Interior Lot
- Lot Size
- 7,500
- Foundation
- Slab
Courtesy of Steven Spencer and Real Broker LLC. (405) 400-1611
Mortgage Calculator
Copyright © 2026 MLSOK, Inc. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. The listing information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc. Information last updated on .