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.
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: 31
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
Shown By
Agency Title: Crossland Real Estate
Agency Phone: 405-604-6800
Estimate Your Payment
Estimated Payment
$ 375.24 per month $278.20 Principal & Interest $60.58 Property Tax $36.46 Homeowner's InsuranceChange Payment Information
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 www.gocrossland.com today.