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Travis Wright

trav.realtor@gmail.com +1(158) 023-29998

$ 209,900

Est. payment -/mo

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Active

501 N 5th Lawton, OK 73507-6936

8 Beds

3 Baths

7,501 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 171441

Bedrooms 8

Full Baths 2

Year Built 1952

Annual Tax Amount $1,322

Lot Size 7,501 Sqft

Lot Dimensions 150 x 50

Property Sub-Type Residential Units

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. Rent is currently $550, with market potential of $700–$850. 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

Location

State OK

Area North

Interior

Interior Features Ceiling Fan(s), Pantry

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Carpet Partial, Vinyl, Carpet

Fireplace No

Appliance Refrigerator, Dishwasher

Laundry Washer Hookup, Dryer Hookup, In Unit

Exterior

Garage Spaces 2.0

Fence Fenced

Roof Type Composition

Garage Yes

Building

Foundation Crawl Space, Slab

Sewer Public Sewer

Water Sep. Meter (Water)

New Construction No

Schools

Elementary Schools Whittier

Middle Schools Central

High Schools Lawton

School District Lawton

Others

Senior Community No

Acceptable Financing VA Loan, FHA, Conventional, Cash

Listing Terms VA Loan, FHA, Conventional, Cash

Listed byParks Jones Realty

Nearby Locations

Travis Wright

Agent | License ID: 206164

+1(158) 023-29998

Travis Wright

501 N 5th Lawton, OK 73507-6936

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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501 N 5th