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  • Price cut: $80K (6/13)
    $795,000

    1401 SW E Ave, Lawton, OK 73501

    --beds
    --sqft
    : 
    Multi Family
    Built in 1983
    -- sqft lot
    $780,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    1401 SW E Ave in Lawton, Oklahoma is a fully occupied 16 unit complex. Motivated Sellers. Bring your best offer!! This multiplex is a 2 building, apartment complex with 1-bedroom and 1-bath in each unit, offering a fantastic investment opportunity. 14 of the units have had a fresh coat of interior paint and some have had new vinyl plank flooring and wall heat/air units install. The current owner has also replaced 5 hot water heaters on the property. It is generating $10,875 in monthly rental income, currently. Rents are increased at lease renewal. Units have been renovated at each new move out. Owner pays all utilities in 14 of the 16 units. 2 units pay their own electric. It's a high-potential addition to any investment portfolio. Please allow 24 hour notice for viewing requests. Call listing agent Nikki Thurman 405-590-4195 with any questions.
    132 days
    on Zillow
    |
    277
    |
    21
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 04, 2025 at 09:07am

    Listed by:

    NIKKI THURMAN 405-590-4195,

    NEXT HOME TRI-COVENANT REALTY

    Source: Lawton BOR,MLS#: 168454
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1401 SW E Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 16
    • Full bathrooms: 16
    Heating
    • Electric, Zoned/Wall Unit
    Cooling
    • Electric, Zoned/Wall Unit
    Appliances
    • Included: Refrigerator, Disposal
    • Laundry: None
    Features
    • Ceiling Fan(s)
    • Flooring: Vinyl
    • Windows: Window Coverings

    Property

    Features
    • Levels: Two
    Lot
    • Size: 0.48 Acres
    • Dimensions: 160 x 130
    Details
    • Zoning description: R-1 Single Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Electric: City, Mstr Meter (Electric)
    • Sewer: Public Sewer
    • Water: Mstr Meter (Water), Sep. Meter (Water)

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s)
    Location
    • Region: Lawton

    Financial & listing details

    • Annual tax amount: $6,736
    • Price range: $795K - $795K
    • Date on market: 4/1/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 725
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