408 NW 3rd ST, Lawton, OK 73507
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408 NW 3rd ST, Lawton, OK 73507
408 NW 3rd ST, Lawton, OK 73507
408 NW 3rd ST, Lawton, OK 73507
408 NW 3rd ST, Lawton, OK 73507
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Listed by Steven Spencer • Real Broker LLC
$ 125,000
Est. payment /mo
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Active

408 NW 3rd ST Lawton, OK 73507

6 Beds

3 Baths

1,701 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,701 sqft

Price per Sqft $73

MLS Listing ID OKC1212272

Style Traditional

Bedrooms 6

Full Baths 3

Construction Status Concrete,Frame,Stucco

Year Built 1941

Annual Tax Amount $727

Lot Size 7,500 Sqft

Property Sub-Type Triplex

Property Description

Income-Producing Triplex in Lawton. This investment opportunity features three spacious 2-bedroom units listed for $125,000. Ideally positioned for an investor looking for immediate cash flow plus upside, the property is currently generating $1,300/month from two occupied units. The center unit (410) requires full renovation, offering a clear path to force appreciation and increase the rent roll. Current market rates support a projected rent of $650/unit ($1,950/month total) once fully stabilized. Portfolio Option: This property can be purchased individually or combined with the adjacent listing, 402 NW 3rd St (6 studios listed at $125,000), to create a 9-unit portfolio. Sold As-Is. Please do not disturb tenants.

Location

State OK

County Comanche

Interior

Cooling Window Unit(s)

Fireplace N

Appliance Refrigerator, Water Heater

Exterior

Roof Type Metal

Building

Lot Description Corner Lot, Interior Lot, Other

Story 1

Foundation Slab

Architectural Style Traditional

Level or Stories One

Structure Type Concrete,Frame,Stucco

Construction Status Concrete,Frame,Stucco

Schools

Elementary Schools Lincoln Es

Middle Schools Central Ms

High Schools Lawton Hs

School District Lawton

Others

Acceptable Financing As is Condition, Cash

Listing Terms As is Condition, Cash


Multiple Listing Service of Oklahoma (MLSOK)

NEARBY SCHOOLS & PROPERTIES

Sarah Bytyqi

Sarah Bytyqi

Broker | License ID: 154928

+1(405) 850-0362

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408 NW 3rd ST