Discover an exceptional investment opportunity in the heart of Lawton, Oklahoma. This expansive multi-family property offers over 2,698 square feet of thoughtfully designed living space, featuring more than five bedrooms and two well-appointed bathrooms, making it an ideal venture for the discerning investor. The property's strategic location near Lawton Senior High School enhances its appeal to potential tenants, while the convenience of Cash Saver grocery store ensures everyday necessities are within easy reach. Nature enthusiasts will appreciate the proximity to Harmon Park, offering a peaceful retreat for outdoor relaxation. Currently configured for multiple units, this property presents a compelling opportunity to generate steady rental income. The versatile layout accommodates various tenant configurations, while the spacious interior provides ample room for customization and modern upgrades. The property's solid foundation serves as an excellent canvas for value-adding renovations, allowing investors to maximize their returns through strategic improvements. The property's thoughtful design ensures privacy and functionality throughout, with potential for further enhancement to meet contemporary living standards. This investment gem combines location advantage with significant renovation potential, offering savvy investors the opportunity to build equity while generating reliable rental income. Whether you're expanding your property portfolio or entering the multi-family market, this property presents an exceptional opportunity to establish a strong foothold in Lawton's growing real estate landscape.
Under contract
$60,000
1212 NW Dearborn Ave, Lawton, OK 73507
5beds
2,698sqft
Est.:
Duplex
Built in 1950
-- sqft lot
$-- Zestimate®
$22/sqft
$-- HOA
What's special
Spacious interiorVersatile layoutThoughtfully designed living spaceWell-appointed bathroomsProximity to harmon park
- 33 days
- on Zillow |
- 52 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: March 28, 2025 at 02:23pm
Listed by:
Mike Goff 580-771-1460,
CHANCE REALTY
Source: Lawton BOR,MLS#: 168364
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Laundry: In Unit
Interior area
- Total structure area: 2,698
- Total interior livable area: 2,698 sqft
Property
Features
- Levels: Two
- Exterior features: None
Lot
- Size: 7,000 Square Feet
- Dimensions: 140 x 50
Details
- Parcel number: 02N12W254206000100011
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: City
- Gas: Natural
- Sewer: Public Sewer
Community & HOA
Location
- Region: Lawton
Financial & listing details
- Price per square foot: $22/sqft
- Tax assessed value: $80,499
- Annual tax amount: $980
- Price range: $60K - $60K
- Date on market: 3/24/2025
- Listing terms: VA Loan,FHA,Conventional,Cash
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