OK > Luther
Luther, OK 73054,508 S Main ST
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Luther, OK 73054,508 S Main ST
Luther, OK 73054,508 S Main ST
Luther, OK 73054,508 S Main ST
Luther, OK 73054,508 S Main ST
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Listed by Laci Bond • Always Real Estate
$ 330,000
Est. payment /mo
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508 S Main ST Luther, OK 73054

6 Beds

4 Baths

2,376 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,376 sqft

Price per Sqft $138

MLS Listing ID OKC1181234

Style Traditional

Bedrooms 6

Full Baths 4

Construction Status Brick

Year Built 2021

Annual Tax Amount $3,139

Lot Size 0.321 Acres

Property Sub-Type Duplex

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!

Location

State OK

County Oklahoma

Interior

Fireplaces Type None

Fireplace Y

Appliance Dishwasher, Microwave, Refrigerator, Washer/Dryer

Exterior

Parking Features Gravel

Garage Description Gravel

Roof Type Composition

Building

Lot Description Corner Lot

Story 1

Foundation Slab

Architectural Style Traditional

Structure Type Brick

Construction Status Brick

Schools

Elementary Schools Luther Es

Middle Schools Luther Ms

High Schools Luther Hs

School District Luther

Others

Miscellaneous Fenced Property,Tenant Pays Utils

Multiple Listing Service of Oklahoma (MLSOK)
agent

Gary Caplinger

Broker Associate | License ID: 156437

+1(405) 694-8562

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