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    515 Alameda St Norman, OK 73071

    Sponsored
    For Sale
    $1,750,000

    Apartment - Norman, OK

    Type:Apartment
    Days on Market:
    28
    Last Refresh:
    Jan 8 at 7:06 pm

    Property Features for 515 Alameda St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    APN
    515NONEAlameda73071
    Exterior features
    Corner Lot

    Building Details

    Year built
    1973
    Floors in Building
    2
    Number of units
    21
    Building materials
    Brick, Frame
    Architectural style
    Other

    The Property Center LLC (405) 355-2500 [email protected]

    Listing agent Abbie Davis (405) 355-2500 License #155984

    Listing date Dec 12, 2025

    MLS# 1205765 Listing URL

    Copyright © 2026 MLSOK, 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

    21-Unit Apartment Building Near OU

    This 21-unit apartment building is located just 5 minutes from the University of Oklahoma. Each one-bedroom unit features fresh updates. The property has been enhanced with new sidewalks and landscaping. Tenants will enjoy easy access to campus, dining, shopping, and entertainment. The property is located in Norman, OK.
    Property Profile Insight Report 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
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.433739
    Latitude
    35.218827

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    FAQs

    What type of property is this?
    Apartment building - Newly renovated 21-unit apartment building, perfect for student housing.
    Where is this apartment building located?
    The property is located at 515 Alameda St Norman, OK.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Prime location: just 5 minutes from the University of Oklahoma.; - 21-unit apartment building ideal for student housing.; - Newly renovated one-bedroom units.
    (405) 474-1228
    Request Owner's contact information
    515 Alameda St Norman, OK 73071
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    Norman, OK 73071
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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
    515 Alameda St Norman, OK 73071
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