1. Oklahoma
  2. Luther
  3. 508 S Main Street
$330,000

508 S Main Street, Luther, OK 73054

  • 6 beds |
  • 4 baths |
  • 2,376 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 2021
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $139/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

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, each 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: $2,800/month ($33,600/year) Est. Annual Taxes: $3,139 Estimated Cap Rate: ~8.8% at the list price of $330,000 One side tenant-occupied, making this a turnkey income-producing property. Schedule a private showing today!

Listing Status:
Active
Date Added:
July 18, 2025 at 05:00AM
Listing Office:
Always Real Estate : 405-361-0874
Listing Agent:
Laci Bond : 405-445-2949
MLS ID:
1181234
  • Appliances: DryerDishwasherMicrowaveRefrigeratorWasher
  • Laundry: Washer HookupDryer Hookup
  • Fireplace: Fireplaces: 0

This listing courtesy of Laci Bond, Always Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Luther Middle School

320 SE 2nd St, Luther, OK, 73054

Grades 5-8

0.28 miles away

L

Luther Middle School

320 SE 2nd St, Luther, OK, 73054

Grades 5-8

0.28 miles away

L

Luther High School

18001 Luther Rd, Luther, OK, 73054

Grades 9-12

0.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.