New Construction
For Sale
$363,500
1-1904 Sw A Ave, Lawton, OK 73501
Each residence is planned with three bedrooms, two bathrooms, an open kitchen, and a fenced backyard.
Property Size2,300 SF
Price / SF$158.04
Days on Market12
Property Features for 1-1904 Sw A Ave
General Information
Standard status
Active
Size
2,300 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Listing Agency:
Cadence Real Estate
(405) 633-2661
Listed By:
Kathryn Thompson
(405) 313-8239
Source:
Exprealty
Added: Oct 26
Changed: Nov 5
Last Checked: Nov 4 at 5:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cadence Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Construction is underway on this duplex in Lawton. The planned layout provides two residences, each with three bedrooms and two bathrooms, an open-concept interior, and a covered front porch. Interior finishes include luxury vinyl tile flooring and granite countertops. Each kitchen is designed with a center island and breakfast bar, pantry, and stainless steel appliances.
Each unit is also planned to have a primary suite with a walk-in closet and private bathroom featuring dual sinks and a tiled shower. Two additional bedrooms and a second full bathroom with linen storage complete the bedroom and bath layout. A fully fenced backyard is planned for each residence.
Each unit is also planned to have a primary suite with a walk-in closet and private bathroom featuring dual sinks and a tiled shower. Two additional bedrooms and a second full bathroom with linen storage complete the bedroom and bath layout. A fully fenced backyard is planned for each residence.
Key Highlights
- Duplex configuration with two residences, each planned for 3 bedrooms and 2 bathrooms
- Open‑concept interiors with luxury vinyl tile flooring and granite countertops
- Kitchens planned with center islands, breakfast bars, pantries, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,795
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,900
$255.9K
Cap Rate 7%
$182,786
$182.8K
Cap Rate 9%
$142,167
$142.2K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$20.7K $9.00/SF
− Vacancy
−$2.4K −$1.05/SF
EGI
$18.3K $7.95/SF
− OpEx
−$5.5K −$2.38/SF
NOI
$12.8K $5.56/SF
Area
Comanche County, OK
Vacancy
11.70%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,900
Cap Rate 7%
$182,786
Cap Rate 9%
$142,167
Alternative Uses
Best Use
Multifamily LT 5
$182.8K
$159.9K – $213.3K
NOI $12,795 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$160.9K
$140.8K – $187.7K
NOI $11,264 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$565.6K
$494.9K – $659.9K
NOI $39,592 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
Explore this area
Business Placement
Demographics for 73501, OK
19,158
Population
9,216
Households
2.1
Avg Household Size
37
Median Age
16%
College-Educated
87%
High-School Grad
105.0 sq mi
ZIP Area
182
Density / Sq Mi
$49,061
Median Household Income
$31,399
Median Earnings
$831
Median Rent
$119,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence is planned with three bedrooms, two bathrooms, an open kitchen, and a fenced backyard.
Where is this duplex located?
The property is located at 1-1904 Sw A Ave Lawton, OK.
What is the asking price?
The asking price for this property is $363,500.
What are key features of this property?
This property features: Duplex configuration with two residences, each planned for 3 bedrooms and 2 bathrooms; Open‑concept interiors with luxury vinyl tile flooring and granite countertops; Kitchens planned with center islands, breakfast bars, pantries, and stainless steel appliances
