501 Nw 5th St, Lawton, OK 73507-6936
- $199,900
- 8
- BD
- 3
- BA
- List Price
- $199,900
- Price Change
- ▼ $5,000 1789085932
- Status
- ACTIVE
- MLS#
- 171441
- Bedrooms
- 8
- Bathrooms
- 3
- Full Baths
- 2
- Lot Size (Acres)
- 0.17220000000000002
- Year Built
- 1952
Property Description
Welcome to 501 & 505 NW 5th St, a unique opportunity to own two private homes, each with its own address, utilities, and yard space. This property offers privacy, flexibility, and long-term value making it perfect for investors, multi-generational living, or buyers wanting a mortgage-offset rental. The main home at 501 is spacious at approximately 1,800 sq ft and has seen major improvements in the last few years, including a new heater, new roof, new A/C,and other updates. With 2–3 bedrooms (flex room ideal for office or 3rd bedroom) 1 3/4 baths, a 2-car garage, and a private fenced yard, it’s bright, roomy, and move-in ready. The second home at 505 is a 2-bedroom rental with a new roof within the last 5 years and tenants who have lived here for 13 years. It has its own entrance, its own yard, and completely separate utilities. Market rent potential of $700–$850 for 505. Even though both are on the same city lot, this property offers privacy, flexibility, and dependable income. Contact Tiphanie Murphy to view @580-512-2135
Additional Information
- Area
- North
- Taxes
- $1,322
- Interior Features
- Ceiling Fans, Pantry
- Flooring
- Vinyl, Carpet
- Garage Spaces
- 2
- Heating
- Central, Natural Gas
- Cooling
- Central Air, Electric
- Roof
- Composition
- Sewer
- Public Sewer
- Elementary School
- Whittier
- Middle School
- Central
- High School
- Lawton
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Listing courtesy of Parks Jones Realty.