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    808 N Monroe St Stillwater, OK 74075

    For Sale
    $2,900,000

    Well-maintained 32-unit multifamily property in a desirable Stillwater location.

    Property size:
    44,554 SF

    Property Features for 808 N Monroe St

    General Information

    Size
    44,554 SF

    Source: Matthew Snyder Agent Matthew Snyder

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Investment in Stillwater

    The Village Stillwater is a 20,784 square foot multifamily property featuring 32 residential units. The property is zoned RTM (Two-Family and Multifamily Residential District), providing flexibility for multifamily or garden-style operations. Located in Stillwater, the property benefits from the city’s mix of education, culture, and recreation. Stillwater is home to Oklahoma State University. Nearby attractions include Boone Pickens Stadium, Gallagher-Iba Arena, and Eskimo Joe’s. Boomer Lake Park offers trails, fishing, and open green space. The area also provides convenient access to retail destinations such as Walmart Supercenter, Crest Foods, and the Stillwater Marketplace. The property is located on a 44,554 square foot lot.
    Location Intelligence

    Current Use by Public Records

    The Village Apartments Apartment Building Hillcrest Apartments Furnished Apartment Building

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Stillwater
    County
    Payne
    State
    Oklahoma
    Longitude
    -97.0720966
    Latitude
    36.11305

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 32-unit multifamily property in a desirable Stillwater location.
    Where is this apartment building located?
    The property is located at 808 N Monroe St Stillwater, OK.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - 32 residential units in a well-maintained 20,784 SF building.; - Located in Stillwater, near Oklahoma State University, providing a strong rental base.; - Favorable RTM zoning allows for flexible operations and long-term growth.
    (513) 633-2926
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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
    808 N Monroe St Stillwater, OK 74075
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