Duplex Homes with Separate
For Sale
$199,900
501 NW 5th St, Lawton, OK 73507
MULTI-FAMILY, 1 Story, Lawton, OK
Property SizeContact for details
Days on Market135
Property Features for 501 NW 5th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 8, Bedroom 2, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 6, Bathroom 7, Bedroom 3
Interior features
Window Covering, Carpet, Ceiling Fans, Washer Connection, Dryer Connection, Pantry
Exterior features
Fence
Fencing
Fenced
Appliances
Refrigerator, Dishwasher
Elementary school
Whittier
Middle school
Central
High school
Lawton
Subdivision
NORTH
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
Carpet - Partial, Vinyl
Roof type
Composition
Architectural style
Other
Listing Agency:
PARKS JONES REALTY
Listed By:
TIPHANIE MURPHY
(580) 357-0842
Added: Jun 15
Changed: Oct 25
Last Checked: Oct 27 at 3:06PM
MLS# 171441
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.
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Investment Insights
Based on property information with market context.
501 NW 5th St and 505 NW 5th St offer a duplex setup with two private residences on one city lot. Each home has its own address, utilities, and yard space, supporting flexibility for rentals, multi-generational living, or an owner-occupant arrangement. The main home at 501 is approximately 1,800 SF and includes a 2-car garage, a private fenced yard, and room for 2–3 bedrooms with a flex space that can serve as an office or 3rd bedroom. Recent updates include a new heater, new roof, new A/C, and other improvements.
The second home at 505 is a 2-bedroom rental with its own entrance and a fenced yard, with completely separate utilities. The roof was replaced within the last 5 years, and the current tenants have lived there for 13 years.
Both homes have central heating and cooling (natural gas heating and central air), a composition roof, and interior features including ceiling fans, carpet/vinyl flooring, and washer/dryer connections.
The second home at 505 is a 2-bedroom rental with its own entrance and a fenced yard, with completely separate utilities. The roof was replaced within the last 5 years, and the current tenants have lived there for 13 years.
Both homes have central heating and cooling (natural gas heating and central air), a composition roof, and interior features including ceiling fans, carpet/vinyl flooring, and washer/dryer connections.
Key Highlights
- Duplex with two private homes: separate addresses, separate utilities, and private yard space
- Main home at 501 is approximately 1,800 SF with a 2‑car garage and private fenced yard
- Recent improvements at 501 include a new heater, new roof, and new A/C
Property Analytics
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Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two homes on one city lot, each with its own address, utilities, and fenced yard space, plus a 2-car garage.
Where is this multifamily property located?
The property is located at 501 NW 5th St Lawton, OK.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Duplex with two private homes: separate addresses, separate utilities, and private yard space; Main home at 501 is approximately 1,800 SF with a 2‑car garage and private fenced yard; Recent improvements at 501 include a new heater, new roof, and new A/C
