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402 NW 3rd Street, Lawton, OK 73507
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North — Lawton, OK

$125,000

402 NW 3rd Street, Lawton, OK 73507

1,974 sq ft · Built 1941

$63
per sq ft
2
days listed
0.17
acre lot
Type
More Than 4 Units
Year built
1941
School district
Lawton
MLS #
1247564

Value-Add Multifamily Opportunity in Lawton. This 3-building complex features 6 studio units listed at $125,000. The property offers a diverse mix of conditions for the savvy investor: 2 tenant-occupied units generating $1,050/month, 1 vacant rent-ready unit, 1 vacant unit needing cosmetic updates, and 2 fire-damaged shells ready for full renovation. Current market rates support a projected rent of $550/unit ($3,300/month total) once stabilized. Portfolio Option: This property can be purchased individually or combined with the adjacent listing, 408 NW 3rd St (a triplex listed at $125,000), to create a 9-unit portfolio. Sold As-Is. Please do not disturb tenants. Full investor packet available.

Listed for sale
Sep 3, 2026

History from MLS records since this home was listed.

Monthly cost

/ month

Principal, interest, taxes, insurance, and HOA.

Principal & interest
Property taxes
Home insurance
HOA

An estimate, not a quote. Rates vary by lender and credit.

MLSOK Listing provided courtesy of Steven Spencer, Real Broker LLC ((405) 400-1611). Status: Active.

Listings courtesy of MLSOK as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of Sep 3, 2026, 10:03 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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Data last updated Sep 3, 2026, 10:03 PM CT. MLS # 1247564. Homestead & Co is a licensed Oklahoma real estate brokerage.

$125,000

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