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402 NW 3rd Street, Lawton, OK 73507

Lawton
Local realty services provided by:CENTURY 21 First Choice Realty
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:91 day(s) ago
  • Updated:May 02, 2026 at 12:39 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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