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.
Active
Price cut: $80K (6/13)
$795,000
1401 SW E Ave, Lawton, OK 73501
--beds
--sqft
Est.:
Multi Family
Built in 1983
-- sqft lot
$780,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 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
Tour with a buyer's agent
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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