$555,000

Estimated payment $3,075/month

Total Views 1,596
8 Beds
5 Baths
3,128 Sq Ft
$177 Price per Sq Ft

About This Home

Exceptional investment opportunity in the heart of Mandeville. Situated on a half-acre lot, this income-producing property features five separate rental units in a highly desirable location just minutes from the lakefront, Causeway Bridge, shopping, dining, and all the conveniences Mandeville has to offer. Each move-in-ready unit offers its own unique floor plan, layout, and character while featuring similar updates including newer flooring and renovated kitchens. With all units currently leased, this turnkey investment allows you to take ownership and immediately begin collecting rental income from an established tenant base. Whether you're looking to expand your portfolio or secure a prime multi-family asset in a sought-after location, this property is one you won't want to miss. *Pictures Above Were Taken Before Occupancy*

Listing Agent

Lane Sheasby

Keller Williams Realty Services License #NOM:995720040 Listed on: 07/28/2026

Keller Williams Realty Services

Co-Listing Agent

Jennifer Lacoste

Keller Williams Realty Services License #NOM:995688047

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 21,780 Sq Ft Lot
  • Lot Dimensions are 120x190
  • Property is in average condition

Parking

  • Parking Lot

Home Design

  • Raised Foundation
  • Wood Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 3,128 Sq Ft Home
  • Property has 1 Level

Schools

  • Magnolia Trac Elementary School
  • Lake Harbor Middle School
  • Mandeville High School

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Natural Gas Not Available
  • Internet Available

Community Details

  • 5 Units
  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43608

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0.5 Acres

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Commercial/Residential Combo
  • Style: Other
  • Condition: Avg
  • ADA Features: No
  • Lp Amt Sq Ft: 177.43
  • Building Stories: 1.00000
  • Unit Level: 1
  • AddressLine: Wilkinson ST, MANDEVILLE LA 70448
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Duplex Type: See Remarks
  • Estimated Living Area: 3128
  • Total Sq Ft: 3128

Exterior Features

  • Exterior: Metal
  • Foundation: Other, Raised
  • Roof Type: Wood

Garage/Parking

  • Car Storage: Lot
  • Internet: Yes

Utilities

  • Air Conditioner: Window Unit
  • Electricity Provided By: Cleco
  • Gas Type: None
  • Heating: Window Unit
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Acres: 0.5000
  • Elevation Certificate: No
  • Lot Description: 1-5 Acres
  • Lot Size: 120x190
  • Parcel #: 43608

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Tenant

Building Info

  • Year Built: 1956

Multi Family

  • Total Units: 5
  • Unit Count: 5

MLS Schools

  • Elementary School: Magnolia Trac
  • High School: Mandeville HS
  • Junior High School: Mandeville Jr
  • Middle School: Lake Harbor

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,563 $13,033 $3,090 $9,943
2024 $1,563 $13,033 $3,090 $9,943
2023 $1,621 $13,033 $3,090 $9,943
2022 $172,750 $13,033 $3,090 $9,943
2021 $1,724 $13,033 $3,090 $9,943
2020 $1,722 $13,033 $3,090 $9,943
2019 $1,735 $12,653 $3,000 $9,653
2018 $1,737 $12,653 $3,000 $9,653
2017 $1,753 $12,653 $3,000 $9,653
2016 $1,767 $12,653 $3,000 $9,653
2015 $1,816 $12,653 $3,000 $9,653
2014 $1,796 $12,653 $3,000 $9,653
2013 -- $12,653 $3,000 $9,653
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2026 07/28/26 For Sale $555,000 0.0% $177 / Sq Ft
12/01/2024 12/01/24 Rented $1,450 0.0% --
11/30/2024 11/30/24 Under Contract -- -- --
10/25/2024 10/25/24 Price Changed $1,450 -9.4% $1 / Sq Ft
09/24/2024 09/24/24 For Rent $1,600 +14.3% --
03/10/2023 03/10/23 Rented $1,400 -6.7% --
01/23/2023 01/23/23 Price Changed $1,500 -9.1% $1 / Sq Ft
11/16/2022 11/16/22 For Rent $1,650 0.0% --
04/13/2022 04/13/22 Sold -- -- -- View Prior Sale
03/14/2022 03/14/22 Pending -- -- --
12/09/2021 12/09/21 For Sale $250,000 +4.2% $76 / Sq Ft
10/09/2020 10/09/20 Sold -- -- -- View Prior Sale
09/11/2020 09/11/20 For Sale $240,000 -- $73 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $195,000 Regan Law Firm Llc
Cash Sale Deed $170,000 Fidelity National Lender Sol
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $850,000 Credit Line Revolving
Closed $244,000 Credit Line Revolving
Source: Public Records

Source: Gulf South Real Estate Information Network

MLS Number: 2569651

Gulf South Real Estate Information Network

APN: 43608

Your Personal Tour Guide

Ask me questions while you tour the home.