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Duplex with Central Air
New
For Sale
$359,999

1805 S Hillside Court, Stillwater, OK 74074

Two-family zoning and forced-air heating support the building’s residential configuration.

Property Size2,796 SF
Price / SF$128.76
Days on Market6

Property Features for 1805 S Hillside Court

General Information

Standard status Active
Size 2,796 SF
Property subtype Residential Income
Zoning Two Family Stw

Taxes and HOA fees

Annual Taxes $3,740

Amenities

Central Air
Forced Air
Cooktop, Dishwasher, Oven, Range
Attached

Building Details

Building Size 2,796 SF
Year Built 1977
Listed By: Jacob Green · License #202565
Source: Evrealestate
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 5 at 6:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jacob Green

Investment Insights

Based on property information with market context.

This 2,796-square-foot duplex was built in 1977 and is zoned Two Family Stw. Interior features include central air, forced-air heating, a cooktop, dishwasher, oven, and range.

The property is in Stillwater, Oklahoma, in Payne County.

Key Highlights

  • 2,796‑square‑foot duplex
  • Zoned Two Family Stw
  • Built in 1977

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,522
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,440 $430.4K
Cap Rate 7%
$307,457 $307.5K
Cap Rate 9%
$239,133 $239.1K
Market Conditions
NOI Build-Up for 2,796 SF
Gross rent
$34.2K $12.24/SF
− Vacancy
−$3.5K −$1.24/SF
EGI
$30.7K $11.00/SF
− OpEx
−$9.2K −$3.30/SF
NOI
$21.5K $7.70/SF
Area
Payne County, OK
Vacancy
10.16%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,440
Cap Rate 7%
$307,457
Cap Rate 9%
$239,133

Alternative Uses

Best Use
Multifamily LT 5
$307.5K
$269.0K – $358.7K (±1% cap)
NOI $21,522 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$284.9K
$249.3K – $332.3K (±1% cap)
NOI $19,940 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$687.6K
$601.6K – $802.2K (±1% cap)
NOI $48,130 @ 7.0% cap · market cap 13.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Parking Lot & Garage Electrical Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

48
Businesses Nearby

Demographics for 74074, OK

32,326
Population
14,328
Households
2.3
Avg Household Size
29
Median Age
51%
College-Educated
96%
High-School Grad
127.4 sq mi
ZIP Area
254
Density / Sq Mi
$50,245
Median Household Income
$26,971
Median Earnings
$965
Median Rent
$247,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-family zoning and forced-air heating support the building’s residential configuration.
Where is this duplex located?
The property is located at 1805 S Hillside Court Stillwater, OK.
What is the asking price?
The asking price for this property is $359,999.
What are key features of this property?
This property features: 2,796‑square‑foot duplex; Zoned Two Family Stw; Built in 1977
More about this property
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