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408 Northwest 3rd Street

Lawton OK 73507

6
3
1701 sq. ft.
7500 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

6 bedrooms
3 bathrooms
1701 sq. ft. floor area
7500 sq. ft. lot size
Duplex

Property history for 408 Northwest 3rd Street

2023
Sold
Undisclosed
20 Apr 2023
2021
Sold
$178,500
06 Oct 2021

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Local market activity for 6 bedroom duplexes in Lawton

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Sales:
(619) 566-0008
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