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22548 State Highway 49, Lawton, OK 73507

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For Sale

$1,700,000

2 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

Explore this Property

Gateway to Medicine Park. No other apartments like this. The Audobon Apartments are located on Hwy 49 just minutes from Lake Lawtonka and Medicine Park with easy access to Fort Sill and I-44 into Lawton or OKC. Consists of 4 separate buildings each with three 2 bedroom, 2 bath units and carport. Also a detached two car garage that is currently being used by owner but could create additional rent. There is also a large 4 sign metal lighted billboard that can be used for additional income generation. Also possible Airbnb given their strategic location to Medicine Park and Lake Lawtonka. Recent improvements include septic service and upgraded, HVAC updates (3-ton heat pump package units), select interior refreshes. Gateway to Medicine Park. No other apartments like this. The Audubon Apartments are located on Hwy 49 just minutes from Lake Lawtonka and Medicine Park with easy access to Fort Sill and I-44 into Lawton or OKC. Consists of 4 separate buildings each with three 2 bedroom, 2 bath units and carport. Also a detached two car garage that is currently being used by owner but could create additional rent. There is also a large 4 sign metal lighted billboard that can be used for additional income generation. The going rent is $1200 for downstairs units and $1300 for upstairs units. There are a few long term tenants who pay less but as they vacate the price increases to the current rates. Rent rolls shared with serious prospective buyers. Stable rental market with consistent demand from Ft Sill personnel, traveling nurses and Medicine Park visitors. Quality construction with concrete stained floors, some with concrete countertops, raised panel kitchen cabinets, cathedral ceilings, patios. additional space for future buildings if desired. Tenants pay their own electric and water (billed separately). Owner pays for trash pick up. Appointment only. Please call John Naberhaus with Parks Jones Realty direct at 580-585-2315 for the most up to date information on this one of a kind investment opportunity.
MLS# 169502

Courtesy Of Parks Jones Realty Co., Inc.

(580) 357-0842

Property Features

  • Amenities
    Patio, Vaulted Ceiling, Ceiling Fan
  • Appliances
    Dishwasher, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Floor Covering
    Carpet, Carpet - Partial, Tile, Tile - Ceramic
  • Lot Size
    3.77 Acres

Map and Directions

Directions to 22548 State Highway 49, Lawton, OK 73507

Home seller CENTURY 21 First Choice Realty

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CENTURY 21 First Choice Realty

(580) 454-0021
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Copyright © 2025 Lawton Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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