About This Home

This 16-bedroom, -bathroom multi-family at 1401 SW E Ave in Lawton, OK is listed for $699,900. Built in 1983, on a 0.72 acres lot.

Key Features

  • Built in 1983
  • 0.72 acre lot
  • 2 stories

Property Details

2 stories
256 full
1983

Amenities

A/C
Listing Description

Don't miss this excellent opportunity to own The Park Apartments, a 16 unit multifamily property offering immediate income potential. With 14 of the 16 units currently occupied, this property provides established cash flow with additional upside through the remaining vacancies.

Many updates have already been completed throughout the property, making it an attractive investment for those looking to expand or begin a multifamily portfolio. Rent rolls are available for buyer review, and the occupied units currently generate monthly rents starting at $650 or more, offering a solid foundation for future income.

As an added benefit, the seller is offering a $10,000 maintenance and upgrade allowance with an acceptable full-price offer, providing the opportunity to make additional improvements or enhancements. Whether you're a seasoned investor or looking to purchase your first multifamily property.

The Park Apartments offers income-producing potential in one investment. For more information or to schedule a private showing, contact: Lauren Brown, REALTOR Century 21 First Choice Realty Buyer to verify all information, including rents, lease terms, square footage, occupancy, and financial information during the due diligence period.

Monthly Cost Estimate

$3,743/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,033
Insurance$204

Estimates only. Actual payments may vary.

Location

1401 SW E Ave

Lawton, OK 73501

Features & Amenities

Interior Features

Window CoveringCeiling Fans

Property Details

Flooring

Vinyl

Heating

Electric (Heating)Other (Heating)Zoned

Cooling

ZonedElectricWall Unit(s)

Appliances

Range/OvenRefrigeratorElectric

Questions & Answers

This 16-bedroom, null-bathroom multi-family at 1401 SW E Ave is listed at $699,900. The estimated monthly payment is $3,743 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1983, 0.72 acre lot, 2 stories. Interior Features: Window Covering, Ceiling Fans.

This property is listed by LAUREN BROWN and can be reached at (405) 227-8033.

LB

LAUREN BROWN

Agent at CENTURY 21 FIRST CHOICE REALTY

(405) 227-8033

Listed by CENTURY 21 FIRST CHOICE REALTY · View on Broker Site

MLS# 171560· Source: listhub· 33 days on market

Copyright © 2026 Lawton Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1401 SW E Ave, Lawton, OK 73501

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