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Residential Income Property
For Sale
$358,000

2124 SW Charles Whitlow Avenue, Lawton, OK 73501

A newly built residence includes electric service, a fenced exterior, and a concrete surface.

Property Size2,300 SF
Price / SF$155.65
Days on Market200

Property Features for 2124 SW Charles Whitlow Avenue

General Information

Standard status Active
Size 2,300 SF
Property subtype Residential Income

Amenities

Electric
Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
Fenced
Concrete
Traditional

Building Details

Year Built 2026
Stories 1
Listing Agency: Cadence Real Estate
Listed By: Kathryn Thompson
Source: Evrealestate
Added: Mar 23 Changed: Oct 7 Last Checked: Oct 7 at 12:47PM

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

Investment Insights

Based on property information with market context.

Built in 2026, this 2,300-square-foot residential income property has a fenced exterior and concrete features. Interior amenities include electric service, a dishwasher, disposal, microwave, refrigerator, and washer and dryer.

Key Highlights

  • 2,300 square feet of residential income property
  • Built in 2026
  • Fenced exterior and concrete features

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,264
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$225,280 $225.3K
Cap Rate 7%
$160,914 $160.9K
Cap Rate 9%
$125,156 $125.2K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$22.9K $9.96/SF
− Vacancy
−$2.4K −$1.06/SF
EGI
$20.5K $8.90/SF
− OpEx
−$9.2K −$4.01/SF
NOI
$11.3K $4.90/SF
Area
Comanche County, OK
Vacancy
10.60%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$225,280
Cap Rate 7%
$160,914
Cap Rate 9%
$125,156

Alternative Uses

Best Use
Apartment 5plus
$160.9K
$140.8K – $187.7K (±1% cap)
NOI $11,264 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$565.6K
$494.9K – $659.9K (±1% cap)
NOI $39,592 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Parking Lot & Garage Electrical Service

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

Location Intelligence

Trade Area within ½ mile

287
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - A newly built residence includes electric service, a fenced exterior, and a concrete surface.
Where is this residential income property located?
The property is located at 2124 SW Charles Whitlow Avenue Lawton, OK.
What is the asking price?
The asking price for this property is $358,000.
What are key features of this property?
This property features: 2,300 square feet of residential income property; Built in 2026; Fenced exterior and concrete features
More about this property
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