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**
Sold
$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
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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