Pat Emerson - Coldwell Banker Select Logo
$125,000
 $749 est/mo Sourced by Back At You

408 NW 3rd Street,Lawton, OK 73507

Lawton, OK 73507

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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.

Details

MLS #1247565
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1941
Days On Site22
Listing Provided ByReal Broker LLC | Steven Spencer

Features

Bed(s)6
Bath(s) 3 Total
SQ Feet1,701
Story(s)1

Interior

AppliancesRefrigerator, Water Heater

Exterior

Lot FeaturesCorner Lot, Interior Lot, Other
Foundation DetailsSlab

Taxes

Okc Tax Amount727.0000
Tax Block19
Tax Lot1

Area Information

StateOK
CountyComanche
CityLawton
Zip Code73507
School DistrictComanche
School DistrictLawton HS
Elementary SchoolLincoln ES
High SchoolLawton HS
Listing VS Median (in 73507)
Price:
$125,000
low | high
Med:
$125,000
50% of Average
sqft:
1,701
low | high
Med:
1,838
41.975308641975% of Average
$ / sqft:
$73
low | high
Med:
$68
56.914893617021% of Average
On site:
22
low | high
Med:
22
100% of Average
Sourced by Back At You

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Coldwell Banker Select

StateOK
CountyComanche
CityLawton
Zip Code73507
School DistrictComanche
School DistrictLawton HS
Elementary SchoolLincoln ES
High SchoolLawton HS
Listing VS Median (in 73507)
Price:
$125,000
low | high
Med:
$125,000
50% of Average
sqft:
1,701
low | high
Med:
1,838
41.975308641975% of Average
$ / sqft:
$73
low | high
Med:
$68
56.914893617021% of Average
On site:
22
low | high
Med:
22
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $93K - $156K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
402 NW 3rd Street Property Photo 1
$125,000
402 Nw 3rd Street
Lawton, OK 73507
Listing Updated: September 3, 2026 at 9:12:49 PM PDT

Pat Emerson - Coldwell Banker Select