508 S Main Street, Luther, OK 73054
Local realty services provided by:Better Homes and Gardens Real Estate Paramount



Listed by:laci bond
Office:always real estate
MLS#:1181234
Source:OK_OKC
508 S Main Street,Luther, OK 73054
$330,000
- 6 Beds
- 4 Baths
- 2,376 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sun, Aug 1702:00 pm - 04:00 pm
Price summary
- Price:$330,000
- Price per sq. ft.:$138.89
About this home
Investor’s Dream or House Hack Opportunity! Built in 2021, this well-maintained duplex in the heart of Luther features two 3-bedroom, 2-bathroom units, renting for $1,400.00/month. Perfect for those looking to expand their investment portfolio or live in one side while earning income from the other. Each unit boasts modern finishes, including: A built-in coffee bar in the kitchen, open shelving paired with traditional cabinetry, a dedicated laundry area with a large modern barn door, shelving and drying rack, and a true primary bedroom with an attached en-suite bathroom. Unit 508 was recently vacated and renovated with brand-new LVP flooring, fresh paint, a new front door, and new carpet—move-in ready for either an owner-occupant or new tenant! Enjoy an open-concept layout with granite countertops, stainless steel appliances, and spacious bedrooms. Conveniently located within walking distance to Luther High School, Chico’s Mexican Restaurant, and S&H Mercantile! Easy turnpike access making daily commutes a breeze. This property offers both small-town charm and strong rental potential.
Investor Highlights:
Est. Current Rent: $2,700/month ($32,400/year)
Est. Annual Taxes: $3,139
Estimated Cap Rate: ~8.43% at the list price of $330,000
One side tenant-occupied, making this a turnkey income-producing property. Schedule a private showing today!
Contact an agent
Home facts
- Year built:2021
- Listing Id #:1181234
- Added:27 day(s) ago
- Updated:August 13, 2025 at 03:11 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,376 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:2021
- Building area:2,376 sq. ft.
- Lot area:0.32 Acres
Schools
- High school:Luther HS
- Middle school:Luther MS
- Elementary school:Luther ES
Finances and disclosures
- Price:$330,000
- Price per sq. ft.:$138.89
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