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  • $325,000

    1308 NW Euclid Ave, Lawton, OK 73507

    7beds
    3,145sqft
    Triplex/FourPlex
    Built in 1980
    -- sqft lot
    $331,100 Zestimate®
    $103/sqft
    $1,364 Estimated rent

    What's special

    Presenting a fully occupied, turnkey multi-family property in the heart of Lawton, offering immediate cash flow and long-term stability. This asset is managed by a local property manager, who is eager to continue servicing the new owner. Leases are transferrable. The property has undergone significant exterior and interior renovations, ensuring minimal upkeep and maximum tenant satisfaction. Recent upgrades include new siding, fencing, landscaping, and a complete interior refresh featuring modernized bathrooms, new kitchen appliances, fresh paint, and upgraded flooring throughout. The building consists of four well-maintained units, including: Two 1-bedroom, 1-bath units One 2-bedroom, 1-bath unit One 3-bedroom, 2-bath unit Current rent roll: 1 Bedroom, 1 Bath: $700/month 1 Bedroom, 1 Bath: $800/month 2 Bedroom, 1 Bath: $1,050/month 3 Bedroom, 2 Bath: $1,350/month Total Monthly Income: $3,900 Each unit is leased with a security deposit equal to one month’s rent, which will be transferred to the new owner. This property offers a reliable income stream, quality tenants, and a strong rental market—making it an excellent opportunity for an investor seeking a low-maintenance, cash-flowing asset. Electricity and Gas are separately metered and responsibility of the tenant. Water is master meter and responsibility of the landlord. Average water bill is $275/ month. All leases are available for review upon request. NOI and Cap Rate Calculated: +$3900/month in revenue -$275/month water bill -$400/month taxes, insurance -$100/month lawn care & misc. maintenance =$3100/month (3100*12)/395000=9.41% Cap **Realtor owned property**

    Zillow last checked: 7 hours ago

    Listing updated: April 08, 2025 at 11:40am

    Listed by:

    Jana Smith 850-567-2228,

    CORNERSTONE REAL ESTATE GROUP, LLC

    Bought with:

    Non Mls

    Non Mls Firm

    Source: Lawton BOR,MLS#: 167741

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Central
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Range/Oven, Refrigerator, Gas, Washer, Dryer
    • Laundry: Washer Hookup, Dryer Hookup, In Unit
    Features
    • Ceiling Fan(s)
    • Flooring: Vinyl
    • Windows: Window Coverings
    Interior area
    • Total structure area: 3,145
    • Total interior livable area: 3,145 sqft

    Property

    Parking
    • Parking features: Lighted
    Features
    • Levels: One
    • Patio & porch: Patio
    • Fencing: Fenced
    Lot
    • Size: 10,500 sqft
    • Dimensions: 75 x 140
    Details
    • Parcel number: 02N12W254206000200006

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex/FourPlex
    Materials
    • Foundation: Crawl Space
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Electric: Public Service OK, Sep. Meter (Electric)
    • Gas: Sep. Meter (Gas), Natural
    • Sewer: Public Sewer
    • Water: Mstr Meter (Water)

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke/Heat Alarm
    Location
    • Region: Lawton

    HOA & financial

    Other financial information
    • Total actual rent: 1985

    Other

    Other facts
    • Listing terms: Conventional,Cash
    Services availability
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    An equal housing lender. NMLS #10287.