North — Lawton, OK
408 NW 3rd Street, Lawton, OK 73507
6 BD · 1,701 sq ft · Built 1941
The details
About this home
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.
Price history
History from MLS records since this home was listed.
Monthly cost
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An estimate, not a quote. Rates vary by lender and credit.
Recently sold nearby
Sold
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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 # 1247565. Homestead & Co is a licensed Oklahoma real estate brokerage.
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