1405 NW Baldwin Ave Lawton, OK 73507
Residential Multi Family, Other - Lawton, OK
- Added:
- Aug 31, 2025
- Days on Market:
- 315
- Last Refresh:
- Jul 11 at 5:06 am
Property Features for 1405 NW Baldwin Ave
General Information
- Property type
- Residential Multi Family
- Standard status
- Active
- Size
- 1,100 SF
Building Details
- Architectural style
- Other
Listing agent Nikki Thurman License #206286,PersonLicenseNumber (405) 590-4195
Listing office NextHome Tri-Covenant Realty 1001 SW B Ave, Suite 150 & 160, OK (580) 512-0591
Listing date Aug 31, 2025
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Investment opportunity with two rental properties on one lot.
- Main property is tenant‑occupied and generating $1000/month in rental income.
- Recently remodeled interiors in both units, including new flooring, paint, updated bathrooms and kitchens with granite countertops and appliances.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.9k | $9.00 |
| − Vacancy | −$1.2k | −$1.05 |
| EGI | $8.7k | $7.95 |
| − OpEx | −$2.6k | −$2.38 |
| NOI | $6.1k | $5.56 |
