1302 NW Taft Ave, Lawton, OK 73505
Residential Multi Family, Other - Lawton, OK
- Added:
- Apr 30, 2026
- Days on Market:
- 59
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 1302 NW Taft Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Standard status
- Active
- Size
- 1,432 SF
- Lot size
- 0.18 Acres
Building Details
- Year built
- 1948
- 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 Apr 30, 2026
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.
HighLights
- Duplex at 1302 & 1304 NW Taft Ave
- Built in 1948
- Each unit has 2 bedrooms and 1 bathroom (4 bedrooms total, 2 bathrooms total)
- Both sides were previously rented at $625 per month
Overview
The address is 1302 NW Taft Ave in Lawton, Oklahoma 73505. The listing is structured as a residential income property for sale.
For buyers seeking a straightforward two-unit setup, the existing unit configuration provides an immediate framework for residential rental use. Because the property is being marketed as ready for cosmetic updates, it may appeal to investors or owner-operators looking for a duplex that can be refreshed for future occupancy or rent-ready condition.
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 | $12.9k | $9.00 |
| − Vacancy | −$1.5k | −$1.05 |
| EGI | $11.4k | $7.95 |
| − OpEx | −$3.4k | −$2.38 |
| NOI | $8.0k | $5.56 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.4084295
- Latitude
- 34.6294841
