$139,900
PENDING

1507 NW Dearborn Ave Unit s 1 & 2 Lawton, OK 73507

Downtown Lawton Neighborhood

Estimated payment $811/month

Total Views 1,042
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1-Story Property
  • Ceiling Fan
  • Carpet
  • Central Heating and Cooling System
  • Fenced
  • 4-minute walk to Newcombe Park

About This Home

Don’t miss this excellent investment opportunity! This updated duplex at 1507 NW Dearborn Ave features two well-maintained and modernized units, perfect for adding to your rental portfolio. Each unit has been thoughtfully updated with new kitchen cabinets, countertops, and appliances, along with fresh paint and flooring throughout. Both units are equipped with newer double-pane windows, updated HVAC systems, and newer water heater, offering peace of mind and low maintenance for years to come. Unit 1: 2 bedrooms, 1 bathroom – currently rented for $950/month, with water and electric included. Unit 2: 1 bedroom, 1 bathroom – currently rented for $850/month, also with water and electric included. This property is a turnkey investment with reliable income already in place. Call today to schedule your private showing—please allow a minimum of 24 hours' notice for all showings.

Listing Agent

Nelson Marrero

COLDWELL BANKER SALUTE License #159918 Listed on: 06/12/2025

COLDWELL BANKER SALUTE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50x140
  • Fenced

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Carpet
  • Crawl Space
  • Oven or Range

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

  • Whittier Elementary School
  • Central Middle School
  • Lawton High School

Utilities

  • Central Heating and Cooling System
  • Master Meter
  • Master Water Meter

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$600

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Age: 46+
  • Class: MULTI-FAMILY
  • Type: DUPLEX
  • Inside Inclusions: Window Covering, Ceiling Fans, Washer Connection, Dryer Connection
  • Outside Inclusions: Fence
  • Style: 1 Story
  • Year Built: 1940
  • Annual Insurance Premium Company: 3,000
  • One Bedroom Unit Rents: 850
  • Two Bedroom Unit Rents: 950
  • Second Address Number: 1507
  • Geo Longitude: -98.411729
  • Geo Subdivision: OK
  • OFFICELIST_STATE: OK
  • OFFICELIST_ADDRESS2: Units 1 & 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Floors: Carpet Full

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Road Frontage: City Street

Utilities

  • Electricity: Public Service OK
  • Heating: Central, Electric
  • Sewer: City
  • Cooling: Central
  • Laundry Facilities: WITHIN EACH UNIT
  • Utilities: Mstr Meter (Electric), Mstr Meter (Water)

Schools

  • Elementary School: Whittier
  • Middle School: Central
  • High School: Lawton
  • Elementary School: Whittier
  • Middle School: Central
  • Senior High School: Lawton

Lot Info

  • Lot Size: 50x140

Rental Info

  • Paid By Owner: Electricity, Water

Tax Info

  • Annual Taxes: 600

Multi Family

  • Number Of Units: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $542 $5,008 $900 $4,108
2023 $542 $5,008 $900 $4,108
2022 $534 $5,008 $900 $4,108
2021 $536 $5,242 $1,013 $4,229
2020 $597 $5,875 $1,013 $4,862
2019 $593 $5,875 $1,013 $4,862
2018 $660 $6,628 $1,350 $5,278
2017 $567 $6,628 $1,350 $5,278
2016 $681 $7,741 $788 $6,953
2015 $741 $7,741 $788 $6,953
2014 $736 $7,741 $788 $6,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Pending -- -- --
06/12/2025 06/12/25 For Sale $139,900 -- --
Source: Lawton Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $37,135 --
Warranty Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $102,040 Future Advance Clause Open End Mortgage
Closed $39,587 Future Advance Clause Open End Mortgage
Previous Owner $86,725 VA
Source: Public Records

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Source: Lawton Board of REALTORS®

MLS Number: 169035

Lawton Board of REALTORS®

APN: 0045007