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For sale
    • $125,000

    402 NW 3rd St, Lawton, OK 73507

    --beds
    1,974sqft
    : 
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    Multi Family
    Built in 1941
    -- sqft lot
    $-- Zestimate®
    $63/sqft
    $-- HOA

    What's special

    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.
    166 days
    |
    88
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Spencer 405-203-0154,

    Real Broker LLC

    Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1212270MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 6
      • Full bathrooms: 6
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Refrigerator, Water Heater
      Interior area
      • Total structure area: 1,974
      • Total interior livable area: 1,974 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 7,500 Square Feet
      • Features: Corner Lot, Interior Lot
      Details
      • Parcel number: 402NW3rd73507

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family
      Materials
      • Concrete, Frame
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Year built: 1941

      Community & HOA

      Location
      • Region: Lawton

      Financial & listing details

      • Price per square foot: $63/sqft
      • Tax assessed value: $119,233
      • Annual tax amount: $1,447
      • Date on market: 1/31/2026
      • Listing terms: As is Condition,Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,176/mo

        Price history

        DateEventPrice
        1/31/2026Listed for sale$125,000$63/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1212270 Report a problem
        10/13/2025Listing removed$125,000$63/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1176092 Report a problem
        8/20/2025Price change$125,000-51%$63/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1176092 Report a problem
        7/11/2025Price change$255,000-5.6%$129/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1176092 Report a problem
        6/17/2025Listed for sale$270,000$137/sqft
        Source: MLSOK/OKCMAR as distributed by MLS GRID #1176092 Report a problem
        6/9/2025Listing removed$270,000$137/sqft
        Source: Lawton BOR #168682 Report a problem
        5/19/2025Price change$270,000-3.6%$137/sqft
        Source: Lawton BOR #168682 Report a problem
        4/25/2025Listed for sale$280,000$142/sqft
        Source: Lawton BOR #168660 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,447 +99%$13,414 +99.8%
        2024$727 +0.1%$6,714
        2023$726 +2.4%$6,714 +0.9%
        2022$709 +33.5%$6,656 +28.3%
        2021$531 +5.8%$5,189 +5%
        2020$502 +0.6%$4,942
        2019$499 +13.9%$4,942 -3.4%
        2017$438 $5,114 +4.3%
        2016$438 +5.9%$4,904 +5%
        2015$413 +5.3%$4,670 +5%
        2014$393 +1.7%$4,448
        2013$386 $4,448 +5%
        2010-- $4,236
        2008$399 $4,236
        2007$399 +1.3%$4,236
        2006$394 +10.3%$4,236 -88.7%
        2002$358 $37,653
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 73507

        Getting around

        46 / 100
        Car-Dependent
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lincoln ES
        • Middle: Central MS
        • High: Lawton HS

        Source: MLSOK/OKCMAR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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