501 N 5th, Lawton, OK 73507
MULTI_FAMILY - Lawton, OK
- Added:
- Jun 15, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 18 at 11:06 pm
Property Features for 501 N 5th
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 8
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 8, Bathroom 4, Bathroom 5, Bathroom 7, Bedroom 1, Bedroom 3, Bathroom 6, Bathroom 1, Bedroom 2, Bedroom 4
- Interior features
- Window Covering, Carpet, Ceiling Fans, Washer Connection, Dryer Connection, Pantry
- Exterior features
- Fence
- Fencing
- Fenced
- Appliances
- Refrigerator, Dishwasher
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 1322
Utilities
- Heating system
- Natural Gas, Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1952
- Floors in Building
- 1
- Flooring type
- Carpet - Partial, Vinyl
- Roof type
- Composition
- Architectural style
- Other
Listing agent TIPHANIE MURPHY License #158726 (580) 357-0842
Listing office PARKS JONES REALTY 4301 CACHE ROAD, Lawton, OK (580) 357-0842
Listing date Jun 15, 2026
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.
HighLights
- Two private homes on one property: 501 NW 5th St and 505 NW 5th St, each with its own address, yard space, and utilities
- Main home (501) about 1,800 SF with 2‑3 bedrooms, 1 3/4 baths, and a 2‑car garage
- Recent updates on main home (501): new heater, new roof, and new A/C within the last few years, plus other updates
- Second home (505) is a 2‑bedroom rental with its own entrance, yard, and completely separate utilities
- 505 has a new roof within the last 5 years; current rent is $550 with market potential of $700-$850
- 1952‑built property with fenced yard, carpet and vinyl flooring, natural gas central heating, and central air cooling
Overview
The second home at 505 is a 2-bedroom rental with its own entrance, its own yard, and completely separate utilities. The roof was updated within the last 5 years. The current tenant has lived there for 13 years, and the rent is listed at $550.
For buyers, this setup supports a variety of end uses, including multi-generational living with separation and privacy, or an owner looking for a mortgage-offset rental structure. With both homes positioned on the same city lot but maintained as distinct living spaces, the property is designed to keep day-to-day operations straightforward for a single owner managing two independent units. Please contact the listing agent to schedule a showing.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lawton
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.394996
- Latitude
- 34.615257
