New ListingValue-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.
| MLS # | 1247564 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 2 |
| Listing Provided By | Real Broker LLC | Steven Spencer |
| Bath(s) | 6 Total |
|---|---|
| SQ Feet | 1,974 |
| Story(s) | 1 |
| Appliances | Refrigerator, Water Heater |
|---|
| Lot Features | Corner Lot, Interior Lot |
|---|---|
| Foundation Details | Slab |
| Okc Tax Amount | 1447.0000 |
|---|---|
| Tax Block | 19 |
| Tax Lot | 16 |
| State | OK |
|---|---|
| County | Comanche |
| City | Lawton |
| Zip Code | 73507 |
| School District | Comanche |
| School District | Lawton HS |
| Elementary School | Lincoln ES |
| High School | Lawton HS |
| Listing VS Median (in 73507) | |
Price: $125,000 low | high Med: $147,500 sqft: 1,974 low | high Med: 1,400 $ / sqft: $63 low | high Med: $105 On site: 2 low | high Med: 74 | |
| State | OK |
|---|---|
| County | Comanche |
| City | Lawton |
| Zip Code | 73507 |
| School District | Comanche |
| School District | Lawton HS |
| Elementary School | Lincoln ES |
| High School | Lawton HS |
| Listing VS Median (in 73507) | |
Price: $125,000 low | high Med: $147,500 sqft: 1,974 low | high Med: 1,400 $ / sqft: $63 low | high Med: $105 On site: 2 low | high Med: 74 | |