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408 NW 3rd Street, Lawton, OK 73507

$125,000
  • 408 NW 3rd Street, Lawton, OK 73507 Main Photo

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Active
BEDS6 BATHS3 full SQUARE FEET1,701 MLS#1212272
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLawton

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.

408 NW 3rd Street | MLS# 1212272

This multi-family property located at 408 NW 3rd Street, Lawton, OK 73507 is currently listed for sale with an asking price of $125,000. NW 3rd Street is located within the Lawton school district. Search Lawton real estate on donnisahudson.gocrossland.com today.

Property Features

Property Type: Multi Unit - Multiple
Home Style: Traditional
Lot Size: 0.17 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $727
Year Built: 1941

Feature Descriptions

Appliances: Refrigerator, Water Heater
Days on Site: 32
Exterior: Concrete, Frame, Stucco
Lot: Corner Lot, Interior Lot, Other

Local Schools

High School: Lawton HS
Middle School: Central MS
Elementary School: Lincoln ES
School District: Lawton

Listed By / Shown By

Listed By

Agency Name: Real Broker LLC
Agency Phone: 405-400-1611
Agent Name: Steven Spencer

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Shown By

Agent Name: Donnisa Hudson
Agent Phone:
Agency Title: Crossland Real Estate

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Estimated Payment

$ 375.24 per month $278.20 Principal & Interest $60.58 Property Tax $36.46 Homeowner's Insurance

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