Two-Unit Duplex with
For Sale
$334,000
1408 NW Columbia Avenue 1 & 2, Lawton, OK 73501
Each residence includes private laundry, major appliances, and access to a fenced backyard area.
Property Size2,000 SF
Price / SF$167
Days on Market54
Property Features for 1408 NW Columbia Avenue 1 & 2
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Amenities
laundry room
fenced backyard
granite countertops
LVP wood-look flooring
tiled shower walls
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Cadence Real Estate
Listed By:
Kat Thompson
(405) 313-8239
Source:
Alloverok
Added: Aug 24
Changed: Oct 8
Last Checked: Oct 7 at 5:14PM
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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Investment Insights
Based on property information with market context.
This duplex contains two residences within 2,000 square feet, with each unit offering 2 bedrooms, 2 bathrooms, a dedicated laundry room, and comfortable living areas. Washers and dryers, major appliances, and window blinds are included. Interior finishes include granite countertops, LVP wood-look flooring, and tiled shower walls. Each unit also has access to a fenced backyard area.
Built in 2026, the property is fully leased and located at 1408 NW Columbia Avenue 1 & 2 in Lawton, Oklahoma. The address provides access to local amenities, schools, Fort Sill, and Mt. Scott.
Built in 2026, the property is fully leased and located at 1408 NW Columbia Avenue 1 & 2 in Lawton, Oklahoma. The address provides access to local amenities, schools, Fort Sill, and Mt. Scott.
Key Highlights
- Two‑unit duplex totaling 2,000 Sq Ft
- Each unit includes 2 bedrooms and 2 bathrooms
- Dedicated laundry rooms with washers and dryers included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,126
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,520
$222.5K
Cap Rate 7%
$158,943
$158.9K
Cap Rate 9%
$123,622
$123.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$18.0K $9.00/SF
− Vacancy
−$2.1K −$1.05/SF
EGI
$15.9K $7.95/SF
− OpEx
−$4.8K −$2.38/SF
NOI
$11.1K $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%
$222,520
Cap Rate 7%
$158,943
Cap Rate 9%
$123,622
Alternative Uses
Best Use
Multifamily LT 5
$158.9K
$139.1K – $185.4K
NOI $11,126 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$139.9K
$122.4K – $163.3K
NOI $9,795 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$491.8K
$430.4K – $573.8K
NOI $34,428 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
939
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes private laundry, major appliances, and access to a fenced backyard area.
Where is this duplex located?
The property is located at 1408 NW Columbia Avenue 1 & 2 Lawton, OK.
What is the asking price?
The asking price for this property is $334,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,000 Sq Ft; Each unit includes 2 bedrooms and 2 bathrooms; Dedicated laundry rooms with washers and dryers included
