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Luther, OK Multifamily Home for Sale

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    $330,000

    • 6 Beds
    • 4 Baths
    • 2,376 Sq Ft

    508 S Main St, Luther, OK 73054

    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

    Laci Bond Always Real Estate

    508 S Main St, Luther, OK 73054

Why Live in Luther

Luther, Oklahoma, is a small community intersected by Interstate 44 and Route 66, offering accessibility to Edmond and Oklahoma City. Known for its rural and agricultural roots, Luther is actively involved in revitalization efforts and town events, fostering a friendly atmosphere. Homes in Luther range from custom builds and log cabins on expansive lots to shotgun houses, ranch homes, and bungalows closer to town. Residents enjoy views of woodlands, fields, and ponds, with lot sizes varying from a quarter-acre to 11 acres. Local eateries and shops line Route 66, including Our Town Eatery, known for its community spirit and Luther High School memorabilia, and Rustic Farm, offering home décor and Oklahoma-themed gifts. While daily needs can be met at the local Dollar General, larger shopping trips require a 15-mile drive to Edmond. Luther Public Schools serve the community, with Luther Elementary School earning high ratings. Efforts are underway to revitalize Wildhorse Park, adding new play areas, a disc golf course, and community gardens. The annual Luther Pecan Festival celebrates the local harvest with food, music, and vendors. Luther is a car-dependent community, with Edmond 17 miles away and Oklahoma City 27 miles away. Historical sites like the Rock of Ages Station add to the town's charm, providing a glimpse into its past.

Home Trends in Luther, OK

Housing Trends

Median Sale Price
$265,000
Median Single Family Sale Price
$265,000
Average Price Per Sq Ft
$190
Number of Homes for Sale
11
Last 12 months Home Sales
43
Months of Supply
3.10
Median List Price
$294,450
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-5%
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