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    116 W Morgan St Tahlequah, OK 74464

    Pending
    For Sale
    $399,000

    Apartment/5+ Units - Tahlequah, OK

    Property size:
    6,185 SF
    Lot size:
    0.36 Acres
    Days on Market:
    78
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 116 W Morgan St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    DMX
    Exterior features
    Insulated Windows, Sidewalk, Fence
    Fencing
    Fenced
    Size
    6,185 SF
    Lot size
    0.36 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Multi Units

    Building Details

    Year built
    1950
    Architectural style
    Other

    Century 21 Wright Real Estate (918) 456-5288 [email protected]

    Listing agent Justin Smith (918) 456-5288 License #173268

    Listing date Sep 19, 2025

    MLS# 2509664 Listing URL

    Copyright © 2025 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Tahlequah Multifamily Opportunity

    Located in downtown Tahlequah, Oklahoma, this property features a remodeled 2-bedroom, 1-bath house and a fourplex. Three of the four units in the fourplex have been remodeled and are currently rented. The remaining unit in the fourplex, along with the main house, offers a development opportunity for downtown living. The property is zoned DMX and has a lot size of 0.36 acres. The property size is 6185 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tahlequah
    County
    Cherokee
    State
    Oklahoma
    Longitude
    -94.970109
    Latitude
    35.917039

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    FAQs

    What type of property is this?
    Apartment building - Remodeled units with development potential in downtown Tahlequah, Oklahoma.
    Where is this apartment building located?
    The property is located at 116 W Morgan St Tahlequah, OK.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Downtown Tahlequah location; - Remodeled units in the fourplex; - Income-generating rental units
    (918) 456-5288
    Request Owner's contact information
    116 W Morgan St Tahlequah, OK 74464
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 W Morgan St Tahlequah, OK 74464
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