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16-Unit Apartment Building
For Sale
$650,000

1401 SW E Ave, Lawton, OK 73501

MULTI-FAMILY, 2 Story, Lawton, OK

Property SizeContact for details
Lot Size0.72 Acres
Days on Market65

Property Features for 1401 SW E Ave

General Information

Property type Residential Multi Family
Property subtype Apartment
Bedrooms 16
Bathrooms 256
Full bathrooms 256
Rooms Bathroom 110, Bathroom 114, Bathroom 96, Bathroom 158, Bathroom 15, Bathroom 69, Bathroom 219, Bathroom 129, Bathroom 3, Bathroom 131, Bathroom 35, Bathroom 25, Bathroom 103, Bathroom 48, Bathroom 182, Bathroom 224, Bathroom 173, Bathroom 196, Bathroom 49, Bathroom 118, Bathroom 138, Bathroom 115, Bathroom 180, Bedroom 16, Bathroom 226, Bathroom 214, Bedroom 6, Bathroom 217, Bathroom 162, Bathroom 176, Bathroom 155, Bathroom 188, Bathroom 221, Bathroom 197, Bathroom 102, Bedroom 12, Bathroom 149, Bathroom 13, Bathroom 245, Bathroom 141, Bathroom 119, Bathroom 59, Bathroom 89, Bathroom 177, Bathroom 63, Bathroom 88, Bathroom 242, Bathroom 152, Bathroom 190, Bathroom 7, Bathroom 5, Bathroom 27, Bathroom 77, Bathroom 41, Bathroom 133, Bathroom 10, Bathroom 80, Bathroom 26, Bedroom 4, Bathroom 249, Bedroom 3, Bathroom 218, Bathroom 17, Bathroom 105, Bathroom 21, Bathroom 128, Bathroom 64, Bathroom 212, Bathroom 215, Bathroom 233, Bathroom 238, Bathroom 8, Bathroom 66, Bathroom 166, Bathroom 175, Bathroom 58, Bedroom 11, Bathroom 53, Bathroom 71, Bathroom 230, Bedroom 9, Bathroom 205, Bathroom 202, Bathroom 184, Bathroom 213, Bathroom 84, Bathroom 100, Bathroom 124, Bathroom 248, Bathroom 204, Bathroom 57, Bathroom 179, Bathroom 209, Bathroom 164, Bathroom 235, Bathroom 44, Bathroom 76, Bathroom 65, Bathroom 93, Bathroom 237, Bathroom 99, Bathroom 250, Bedroom 15, Bathroom 29, Bathroom 79, Bathroom 92, Bathroom 137, Bathroom 51, Bedroom 13, Bathroom 19, Bathroom 145, Bathroom 135, Bathroom 101, Bathroom 171, Bathroom 208, Bathroom 255, Bathroom 73, Bathroom 2, Bathroom 127, Bathroom 70, Bathroom 227, Bathroom 252, Bathroom 168, Bathroom 16, Bathroom 39, Bathroom 147, Bathroom 163, Bathroom 146, Bathroom 161, Bathroom 46, Bathroom 132, Bathroom 136, Bathroom 211, Bathroom 220, Bathroom 37, Bathroom 210, Bathroom 120, Bathroom 28, Bathroom 113, Bathroom 67, Bathroom 186, Bathroom 198, Bathroom 11, Bathroom 47, Bathroom 154, Bathroom 40, Bathroom 116, Bathroom 36, Bathroom 78, Bathroom 126, Bathroom 181, Bathroom 24, Bathroom 87, Bathroom 228, Bathroom 247, Bathroom 6, Bathroom 185, Bathroom 112, Bathroom 140, Bathroom 199, Bathroom 195, Bathroom 22, Bathroom 86, Bathroom 254, Bathroom 139, Bedroom 2, Bathroom 117, Bathroom 50, Bathroom 12, Bathroom 123, Bathroom 1, Bathroom 223, Bedroom 8, Bathroom 104, Bathroom 201, Bedroom 1, Bathroom 54, Bathroom 203, Bathroom 256, Bathroom 62, Bathroom 60, Bathroom 107, Bathroom 153, Bathroom 183, Bathroom 90, Bathroom 52, Bathroom 156, Bathroom 241, Bathroom 94, Bathroom 9, Bedroom 10, Bathroom 169, Bathroom 111, Bathroom 187, Bathroom 23, Bathroom 56, Bathroom 32, Bathroom 68, Bathroom 192, Bathroom 246, Bathroom 109, Bathroom 75, Bathroom 83, Bathroom 232, Bathroom 234, Bathroom 91, Bathroom 95, Bathroom 97, Bathroom 194, Bathroom 134, Bathroom 200, Bathroom 178, Bathroom 125, Bathroom 108, Bathroom 81, Bathroom 206, Bedroom 5, Bathroom 74, Bathroom 122, Bathroom 236, Bathroom 34, Bathroom 61, Bathroom 240, Bathroom 43, Bathroom 222, Bathroom 42, Bathroom 160, Bedroom 7, Bathroom 172, Bathroom 216, Bathroom 231, Bathroom 18, Bathroom 167, Bathroom 31, Bathroom 151, Bathroom 170, Bathroom 193, Bathroom 72, Bathroom 85, Bathroom 243, Bathroom 142, Bathroom 251, Bathroom 207, Bathroom 225, Bathroom 20, Bathroom 174, Bathroom 239, Bathroom 229, Bathroom 38, Bathroom 148, Bathroom 82, Bathroom 55, Bathroom 106, Bedroom 14, Bathroom 14, Bathroom 244, Bathroom 150, Bathroom 143, Bathroom 165, Bathroom 33, Bathroom 45, Bathroom 191, Bathroom 253, Bathroom 4, Bathroom 144, Bathroom 159, Bathroom 157, Bathroom 30, Bathroom 98, Bathroom 121, Bathroom 189, Bathroom 130
Interior features Window Covering, Ceiling Fans
Appliances Range/Oven, Refrigerator, Electric
Elementary school Lincoln
Middle school Central
High school Lawton
Subdivision LLOYD
Standard status Active
Lot size 0.72 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Heating system Zoned, Electric (Heating), Other (Heating)
Cooling system Electric, Zoned, Wall Unit(s)

Building Details

Year built 1983
Floors in Building 2
Number of units 16
Flooring type Vinyl
Roof type Composition
Architectural style Other
Listing Agency: CENTURY 21 FIRST CHOICE REALTY · NextHome
Listed By: LAUREN BROWN
Added: Jun 29 Changed: Aug 21 Last Checked: Sep 1 at 12:06PM
MLS# 171560

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.

Investment Insights

Based on property information with market context.

The Park Apartments is a two-story, 16-unit apartment property on 0.72 acres in Lawton, Oklahoma. Fourteen units are occupied, while completed improvements provide an updated foundation for continued operation. Individual units include vinyl flooring, window coverings, ceiling fans, electric ranges and refrigerators, along with zoned heating and cooling systems.

Constructed in 1983, the property is located at 1401 SW E Ave in the 73501 postal area. Additional physical features include a composition roof and electric building systems. Rent rolls are available for buyer review, and property information remains subject to buyer verification during due diligence.

Key Highlights

  • 16‑unit apartment property with 14 units currently occupied
  • 0.72‑acre multifamily property in Lawton, OK 73501
  • Two‑story construction completed in 1983

Property Analytics

Current Use

Park apts Apartment Building

Suggested Use

Top Pick Parking Lot & Garage Veterinary Clinic (Bike/Boat/Book/etc) Store Florist Travel Agency Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,033
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated two-story property with occupied units and available rent rolls.
Where is this apartment building located?
The property is located at 1401 SW E Ave Lawton, OK.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 16‑unit apartment property with 14 units currently occupied; 0.72‑acre multifamily property in Lawton, OK 73501; Two‑story construction completed in 1983
More about this property
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