This 2-bedroom, 1-bathroom single family home located at 503 SW I Ave, Lawton, OK 73501 is an affordable wholesale cash opportunity in the heart of Lawton, Oklahoma — one of Southwest Oklahoma's most stable and investor-friendly markets. Sitting on a 6,998 sq ft lot with 1,176 sq ft of living space, a garage, central HVAC, breaker box electrical, and city sewer, this property is vacant and ready for an experienced investor to renovate and capitalize on Lawton's strong rental demand and affordable price point.

At $39,000, this is an entry-level acquisition with significant value-add potential in a market anchored by Fort Sill, Cameron University, and a robust healthcare and manufacturing employment base — all of which drive consistent rental demand year-round.

Why Lawton, OK?

Lawton is a solid market for investment properties with less competition than other better-known cities, featuring a solid employment base and demand drivers including the Museum of the Great Plains and the Fort Sill Museum. Fort Sill Military employs over 100,000 people and generates significant annual economic activity, while Cameron University provides a large pool of potential tenants including students and faculty. For investors, this translates to a deep and consistent rental market with strong occupancy fundamentals.

Location & Access

The property is located in the SW 73501 zip code, close to downtown Lawton and within easy reach of major corridors serving Fort Sill, Cameron University, and Lawton's primary commercial districts. Central Plaza Lawton, the city's premier shopping destination located at 200 SW C Ave, is just minutes away, offering a wide range of retail, dining, and entertainment options.

Schools

The property is served by Lawton Public Schools, with Lincoln Elementary School, Central Middle School, and Lawton High School all within close proximity — making renovated properties in this area attractive to both renters with families and end buyers.

Healthcare

Comanche County Memorial Hospital is the area's flagship healthcare facility, licensed for 265 beds, employing close to 2,500 team members, and offering over 20 medical specialties through its Medical Group and Community Health Center with 23 convenient locations throughout the region. Southwestern Medical Center is also located in Lawton, further strengthening the city's healthcare employment base.

Employment & Economic Drivers

Lawton boasts a robust manufacturing base with major employers including Goodyear Tire, Republic Paperboard Company, Bar-S Foods, and Silver-Line Plastics, in addition to its education and healthcare sectors. This diverse employment base creates stable, year-round rental demand across all price points — making affordable fixer-upper acquisitions like this one a strong play for buy-and-hold investors.

Investment Opportunity

Lawton's real estate market has shown resilience and growth in recent years, with a population of around 90,000 and a mix of urban amenities and small-town charm making it attractive for families, military personnel, and retirees alike. With Fort Sill generating a constant rotation of military tenants and Cameron University providing a steady student rental base, a renovated 2BR in this zip code has strong rental income potential at an extremely low acquisition cost.

PROPERTY DETAILS

• Address: 503 SW I Ave, Lawton, OK 73501

• County: Comanche

• Type: Single Family Detached

• Bedrooms/Bathrooms: 2BR / 1BA

• Square Footage: 1,176 sq ft

• Lot Size: 6,998 sq ft

• Garage: Yes

• School District: Lawton Public Schools – Lincoln Elementary | Central Middle | Lawton High

• Nearest Hospital: Comanche County Memorial Hospital | Southwestern Medical Center

• Nearest Shopping: Central Plaza Lawton | Retail Corridor SW C Ave

• Major Employers: Fort Sill Military | Cameron University | Goodyear Tire | CCMH

PROPERTY SYSTEMS:

• HVAC: Central AC/Heater with Outdoor Unit

• Roof: Asphalt 3-Tab Shingle

• Foundation: Original

• Electrical: Breaker Box

• Sewer: City Sewer

• Windows: Updated Single Pane

• Exterior: Fixer Upper – Needs Repairs

• Pool: None | Fireplace: None | Solar: None

Buyers responsible for own due diligence and repair cost verification. Repair estimates not provided as costs vary by contractor/investor.