$75,000
- 2 Beds
- 2 Baths
- 910 Sq Ft
1005 N Thomas St, Altus, OK 73521
Edith Granado Moss Real Estate
$75,000
1005 N Thomas St, Altus, OK 73521
Edith Granado Moss Real Estate
$309,500
701 N Park Ln, Altus, OK 73521
Emory Allen Re/Max Property Place
Altus, Oklahoma, a small town of 19,000 residents, has a rich history that began as a trading post on Bitter Creek in north Texas before relocating and renaming itself in 1891. The town's economy is heavily supported by the Altus Air Force Base, established in the 1940s. Altus offers cultural and recreational attractions such as the Museum of the Western Prairie and Lake Altus, which is popular for boating, swimming, and fishing. The city is also working on the Altus Reservoir Project to enhance recreational facilities. Housing in Altus primarily consists of ranch-style homes, with some Cape Cods, bungalows, and multi-story houses, often featuring brick construction with natural accents like stone and wood. The median home price is significantly lower than the national average. Altus Public Schools, serving nearly 3,600 students, are highly rated and organized by grade levels across different schools. Main Street, which is Highway 283, is the town's commercial hub, featuring small businesses, retail strips like Altus Plaza and Bunker Hill Shopping Center, and hosting events such as the Walkin' On Chalk Arts Festival and the Altus Airpower Stampede. The town is intersected by U.S. Highways 62 and 283, with Lawton located 60 miles east and the Texas state line 15 miles south. Altus experiences hot summers with record highs of 120 degrees, short warm autumns, and variable winters. Crime rates in Altus are lower than the national average, contributing to a safer environment for residents.
On average, homes in Altus, OK sell after 27 days on the market compared to the national average of 70 days. The median sale price for homes in Altus, OK over the last 12 months is $278,000, down 21% from the median home sale price over the previous 12 months.
In Altus, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $75,000 to $309,500, there's a range to accomodate every budget. As of August, 2025 the median home price in Altus is $320,000, while the average sale price is $284,097, offering insights into the local housing market. On average, multi-family homes spend 27 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Altus, OK.