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Fenced Duplex Property
For Sale
$175,000

1652 NW 27th St, Lawton, OK 73505

Residential Income, Lawton, OK

Property Size1,902 SF
Lot Size0.22 Acres
Price / SF$92.01
Days on Market54

Property Features for 1652 NW 27th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1, Bedroom 2, Laundry Room
Parking features Driveway
Patio and Porch features Porch
Interior features Master Downstairs
Fencing Fenced
High school district 000000
Standard status Active
APN T010-000.000-0016-007.000
Size 1,902 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1659

Utilities

Heating system Forced Air
Water source Public

Amenities

chain link fence
storage shed

Building Details

Year built 1953
Flooring type Carpet, Laminate
Building materials Wood Siding
Roof type Asphalt
Architectural style Other
Listing Agency: Happy Homes Realty LLC
Listed By: Irene Ellis · License #173533
Added: Aug 24 Changed: Oct 13 Last Checked: Oct 16 at 3:06PM
MLS# 11948913

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,902-square-foot duplex was built in 1953 and sits on a 0.2185-acre lot. One residence has two bedrooms, two living areas, and one bathroom; the other has three bedrooms, one living area, and one bathroom. The property includes chain-link fencing, a storage shed, driveway parking, and a porch. Interior finishes include carpet and laminate flooring, with forced-air heating.

The property is near Fort Sill, shopping, schools, and restaurants. Both units are occupied, with leases ending on different dates in 2027.

Key Highlights

  • Two residences totaling 1,902 square feet
  • 0.2185‑acre lot with chain‑link fencing and a storage shed
  • One unit has 2 bedrooms, 2 living areas, and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,581
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,620 $211.6K
Cap Rate 7%
$151,157 $151.2K
Cap Rate 9%
$117,567 $117.6K
Market Conditions
NOI Build-Up for 1,902 SF
Gross rent
$17.1K $9.00/SF
− Vacancy
−$2.0K −$1.05/SF
EGI
$15.1K $7.95/SF
− OpEx
−$4.5K −$2.38/SF
NOI
$10.6K $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%
$211,620
Cap Rate 7%
$151,157
Cap Rate 9%
$117,567

Alternative Uses

Best Use
Multifamily LT 5
$151.2K
$132.3K – $176.4K (±1% cap)
NOI $10,581 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$133.1K
$116.4K – $155.3K (±1% cap)
NOI $9,315 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$467.7K
$409.3K – $545.7K (±1% cap)
NOI $32,741 @ 7.0% cap · market cap 18.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Hair Salon Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) 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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

628
Businesses Nearby

Demographics for 73505, OK

46,881
Population
22,124
Households
2.1
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
64.6 sq mi
ZIP Area
726
Density / Sq Mi
$57,496
Median Household Income
$33,601
Median Earnings
$915
Median Rent
$147,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied, with separate lease expirations scheduled in 2027.
Where is this duplex located?
The property is located at 1652 NW 27th St Lawton, OK.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two residences totaling 1,902 square feet; 0.2185‑acre lot with chain‑link fencing and a storage shed; One unit has 2 bedrooms, 2 living areas, and 1 bathroom
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