Two-Home Residential Income
501 NW 5th St Lawton, OK 73507
For Sale
$209,900
MULTI_FAMILY - Lawton, OK
Days on Market44
Property Features for 501 NW 5th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
8
Rooms
Bathroom 6, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 4, Bathroom 8, Bathroom 5, Bathroom 7, Bedroom 2
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 Agency:
PARKS JONES REALTY
(580) 357-0842
Listed By:
TIPHANIE MURPHY · License #158726
(580) 357-0842
Added: Jun 15
Changed: Jul 27
Last Checked: Jul 28 at 2:06AM
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.
Investment Insights
Based on property information with market context.
This residential income property consists of two private homes, located at 501 and 505 NW 5th St, each with its own address, utilities, and yard space. The main home at 501 features 2–3 bedrooms (including a flex room), 1¾ baths, a 2-car garage, and a private fenced yard. Recent improvements noted include a new heater, new roof, new A/C, and other updates.
The second home at 505 is a 2-bedroom rental with its own entrance, yard, and completely separate utilities. The roof was updated within the last 5 years, and the current tenant has lived there for 13 years. Rent is currently $550.
Although both homes are on the same city lot, they are configured to provide separation through independent access, separate utility services, and individual outdoor space.
The second home at 505 is a 2-bedroom rental with its own entrance, yard, and completely separate utilities. The roof was updated within the last 5 years, and the current tenant has lived there for 13 years. Rent is currently $550.
Although both homes are on the same city lot, they are configured to provide separation through independent access, separate utility services, and individual outdoor space.
Key Highlights
- Two separate homes: 501 NW 5th St and 505 NW 5th St, each with its own address, utilities, and yard space
- Main home (501) has approx. 1,800 SF, 2‑3 bedrooms plus flex room, 1 3/4 baths, and a 2‑car garage with private fenced yard
- Recent upgrades to main home include new heater, new roof, and new A/C (major improvements within the last few years)
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two separate homes with independent utilities, yards, and long-term tenant in place on one city lot.
Where is this duplex located?
The property is located at 501 NW 5th St 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 separate homes: 501 NW 5th St and 505 NW 5th St, each with its own address, utilities, and yard space; Main home (501) has approx. 1,800 SF, 2‑3 bedrooms plus flex room, 1 3/4 baths, and a 2‑car garage with private fenced yard; Recent upgrades to main home include new heater, new roof, and new A/C (major improvements within the last few years)
