For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two-Home Residential Income Property Title is generated by Realmo AI

    501 N 5th, Lawton, OK

    View on Map
    Claim this Listing
    New
    For Sale
    $209,900

    MULTI_FAMILY - Lawton, OK

    Added:
    Jun 15, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 16 at 6:06 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 4, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 5, Bedroom 1, Bedroom 4, Bathroom 7, Bathroom 6, Bathroom 1, Bathroom 8
    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
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1952
    Floors in Building
    1
    Flooring type
    Vinyl, Carpet - Partial
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    TIPHANIE MURPHY
    TIPHANIE MURPHY

    Listing agent TIPHANIE MURPHY License #158726

    Listing office PARKS JONES REALTY 4301 CACHE ROAD, Lawton, OK

    Listing date Jun 15, 2026

    MLS# 171441 Listing URL

    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 at 501 & 505 NW 5th St, each with its own address, utilities, and yard space.
    • Main home (501) approx. 1,800 SF with 2–3 bedrooms (flex room possible 3rd bedroom/office), 1 3/4 baths, and a 2‑car garage.
    • Main home updates: new heater, new roof, new A/C, and other improvements in the last few years.
    • Second home (505) is a 2‑bedroom rental with a roof replaced within the last 5 years; tenant has lived there for 13 years.
    • Current rent on 505 is $550, with stated market potential of $700–$850.
    • Fenced yards and separate entrances/yard for the two homes; central natural gas heating and central air cooling.

    Overview

    Welcome to 501 & 505 NW 5th St in Lawton, OK—an investor-friendly setup featuring two private homes on one city lot, with each residence having its own address, utilities, and yard space. The main home at 501 is approximately 1,800 sq ft and has undergone major improvements in the last few years, including a new heater, new roof, and new A/C, along with other updates. The layout offers 2–3 bedrooms with a flex room that can serve as an office or a third bedroom, 1 3/4 baths, a 2-car garage, and a private fenced yard.

    The second home at 505 is a 2-bedroom rental with a roof replacement completed within the last 5 years. It operates with a completely separate setup, including its own entrance, its own yard, and separate utilities. The current tenant has lived there for 13 years, and rent is currently $550.

    This property works well for buyers seeking a multi-generational arrangement or an owner-occupied home with rental income. With separate utilities and outdoor space for each residence, it offers day-to-day flexibility while maintaining clear separation between the two living areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    United States Postal ... Post Office Lawton-Fort Sill Amateur ... Charitable Organization

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Building Supply Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawton
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.39502
    Latitude
    34.6152

    FAQs

    What type of property is this?
    Single family property - Two separate homes on one lot, each with its own utilities and yard, providing flexible owner or rental use.
    Where is this single family property located?
    The property is located at 501 N 5th Lawton, OK.
    What is the asking price?
    The asking price for this property is $209,900.
    What are key features of this property?
    This property features: Two private homes at 501 & 505 NW 5th St, each with its own address, utilities, and yard space.; Main home (501) approx. 1,800 SF with 2–3 bedrooms (flex room possible 3rd bedroom/office), 1 3/4 baths, and a 2‑car garage.; Main home updates: new heater, new roof, new A/C, and other improvements in the last few years.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message