• Office Phone - 972.335.6564
  • Primary - 972.489.4887

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Real Broker LLCOklahoma City MLSas Distributed by MLSGrid- MLS# 1212272MLS ProviderContact Information: 405-400-1611

408 NW 3rd StreetLawton, OK 73507

Multi-Family · 6 Beds · 3 Full Baths · 1,701 Sq. ft.
$125,000 Active

408 NW 3rd Street Overview

Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

408 NW 3rd Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,701
  • Price/Sq.ft. $73

Details

General

School Information

  • School District: Lawton
  • Elementary School: Lincoln ES
  • Middle Or Junior School: Central MS
  • High School: Lawton HS

Building Information

  • Year Built: 1941

Location/Region

  • County Or Parish: Comanche

General Information

  • Listing Terms: As is Condition,Cash
  • Parcel Number: 408NW3rd73507
  • Property Sub Type: Triplex
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Full: 3
  • Bedrooms Total: 6

General Information

  • Appliances: Refrigerator,Water Heater
  • Cooling: Window Unit(s)
  • Foundation Details: Slab
  • Living Area: 1701
  • Stories: 1

Exterior

Lot Information

  • Lot Features: Corner Lot,Interior Lot,Other
  • Lot Size Square Feet: 7500

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Concrete,Frame,Stucco
  • Roof: Metal

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

408 NW 3rd Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

408 NW 3rd Street Market Data

Based on the last 30 days in this zip code

$228,563
Average List Price
$126
Average Price per Square Foot
0
Properties Sold
85
Average Days on Market
136
Properties for Sale
Calculations provided by Reliance Network


Prosperity Home Mortgage, LLC

Prosperity Home Mortgage, LLC

When you decide to buy a home or refinance your mortgage, your search should start and end here. At Prosperity Home Mortgage, LLC, we strive to create an extraordinary customer experience through the efforts of knowledgeable and caring mortgage professionals where relationships are valued, and the focus is on treating every client as if they were the only client. Choose a lender you can trust to find the mortgage loan that best suits your needs.


HomeServices Insurance

HomeServices Insurance

HomeServices Insurance is an independent agency that operates through a network of offices located throughout the northern Texas area.  As a full-service operation, we offer a full suite of quality insurance solutions including home, auto, umbrella, and more.  We have established long term relationships with many of the top national and regional carriers in the country, bringing you the power of choice when it comes to your personal insurance needs.