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New Construction Duplex with Porches
For Sale
$358,000

410 NW Arlington Avenue, Lawton, OK 73507

Two three-bedroom residences feature modern finishes, private fenced outdoor areas, and in-unit laundry appliances.

Property Size2,300 SF
Days on Market220

Property Features for 410 NW Arlington Avenue

General Information

Standard status Active
Size 2,300 SF
Property subtype Duplex

Amenities

Central Elec
Electric
Dishwasher
Disposal
Microwave
Refrigerator
Washer/Dryer
Shingle

Building Details

Building Size 2,300 SF
Year Built 2026
Stories 1
Listing Agency: Cadence Real Estate
Listed By: Kat Thompson
Source: Kw
Added: Jan 24 Changed: Aug 31 Last Checked: Aug 31 at 12:35AM

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.

Completed in 2026, this duplex contains two residences, each offering 3 bedrooms and 2 bathrooms. Both sides feature an open living and kitchen arrangement with natural light, luxury vinyl tile flooring, granite countertops, a breakfast bar, pantry, and major appliances. Each home also includes a primary suite with a walk-in closet, dual-sink bathroom vanity, and tiled shower. Additional interior details include linen storage, 2-inch white faux wood blinds, refrigerators, and washer-and-dryer sets.

Covered front porches extend the usable entry areas, while separate fenced backyard areas provide private exterior space for each residence. The property is located at 410 NW Arlington Avenue in Lawton, Oklahoma.

Key Highlights

  • Duplex completed in 2026
  • Each unit has 3 bedrooms and 2 bathrooms
  • Granite countertops, luxury vinyl tile flooring, breakfast bar, and pantry in each residence

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,795
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.57%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$255,900 $255.9K
Cap Rate 7%
$182,786 $182.8K
Cap Rate 9%
$142,167 $142.2K
Market Conditions
NOI Build-Up for 2,300 SF 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.
Gross rent
$20.7K $9.00/SF
− Vacancy
−$2.4K −$1.05/SF
EGI
$18.3K $7.95/SF
− OpEx
−$5.5K −$2.38/SF
NOI
$12.8K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$255,900
Cap Rate 7%
$182,786
Cap Rate 9%
$142,167

Alternative Uses

Best Use
Multifamily LT 5
$182.8K
$159.9K – $213.3K (±1% cap)
NOI $12,795 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$160.9K
$140.8K – $187.7K (±1% cap)
NOI $11,264 @ 7.0% cap · market cap 3.15%
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

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Catering Service Florist Travel Agency

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

1,256
Businesses Nearby

Demographics for 73507, OK

21,605
Population
10,504
Households
2.1
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
243.8 sq mi
ZIP Area
89
Density / Sq Mi
$61,092
Median Household Income
$36,244
Median Earnings
$916
Median Rent
$155,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two three-bedroom residences feature modern finishes, private fenced outdoor areas, and in-unit laundry appliances.
Where is this duplex located?
The property is located at 410 NW Arlington 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: Duplex completed in 2026; Each unit has 3 bedrooms and 2 bathrooms; Granite countertops, luxury vinyl tile flooring, breakfast bar, and pantry in each residence
More about this property
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