$230,000
$45K PRICE DROP

203 E Lincoln St Sulphur, LA 70663

Estimated payment $1,451/month

Total Views 20,276
-- Bed
-- Bath
5,120 Sq Ft
$45 Price per Sq Ft

Highlights

  • Hot Property
  • No HOA
  • Laundry Room
  • Traditional Architecture
  • Neighborhood Views
  • Energy-Efficient Appliances

About This Home

INVESTMENT OPPORTUNITY! This 0.55-acre property features four spacious three-bedroom, two-bathroom mobile homes, each measuring 16x80 and offering 1280 square feet of living space. Lot 1 is a 2005 model, currently rented for $950 per month, with the tenant covering their own utility costs. Lot 2 is a 2015 model that is currently rented for $850 per month with tenant covering their own utilities. Lot 3 is a 2002 model, rented for $1100 per month, which includes water. The tenant also pays an additional $80 per month for lawn care. Lot 4 is a 2008 model, it is currently rented for $1600. Each mobile home has received a new roof after the hurricanes. The property is equipped with separate electric and water meters for each unit, providing convenience and efficiency. Located in Flood Zone X, this property ensures peace of mind. This is a great chance to invest in a property with immediate rental income potential. Measurements are M/L. REALTORS, READ PRIVATE REMARKS.

Listing Agent

Lauren Dunn

Coldwell Banker Ingle Safari Realty License #995697773 Listed on: 06/04/2025

Coldwell Banker Ingle Safari Realty

Property Details

Home Type

  • Mobile/Manufactured

Year Built

  • 2002

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 203.7 x 116.3
  • No Common Walls
  • Rectangular Lot

Parking

  • 8 Open Parking Spaces

Home Design

  • Manufactured Home With Land
  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Electric Range

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Energy-Efficient Appliances
  • City Lot

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Water Meters
  • Gross Income $58,200

Property Details

Home Type

Mobile/Manufactured

Year Built

2002

Lot Details

0

Listing Details

  • Property Sub Type: Manufactured On Land
  • Property Type: Residential Income
  • Reso Fencing: None
  • Lot Features: City Lot, Rectangular Lot
  • LotSizeAcres: 0.55
  • Lot Size: 203.7 x 116.3
  • Is Senior Community?: No
  • SpaFeatures: None
  • View: Neighborhood
  • Has View?: No
  • Has HOA?: No
  • Co List Office Phone: 337-478-1601
  • Special Conditions: Standard
  • Directions: From E Napoleon Street, Turn Right onto Picard Road, Then Turn Right Onto W Lincoln Street. Drive until you reach E Lincoln Street. Property is located on the Right Hand Side of the Road.
  • Architectural Style: Traditional
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Unit Levels: One
  • Is New Construction?: No
  • Property Attached Yn: No
  • Special Features: VirtualTour
  • Year Built: 2002

Interior Features

  • Number Of Buildings: 4
  • Private Spa: No
  • Appliances: Electric Oven, Electric Range, Refrigerator, Water Heater
  • Fireplace Features: None
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Has Private Pool?: No
  • Common Walls: No Common Walls
  • Construction Type: Vinyl Siding
  • Foundation Details: Raised
  • Property Condition: Turnkey
  • Roof: Shingle

Garage/Parking

  • Open Parking Spaces: 8.0
  • Has Open Parking?: No

Utilities

  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room
  • Green Building Features: Appliances
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.55
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 58200.0
  • Total Actual Rent: 3250.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 Price Changed $230,000 -16.4% $45 / Sq Ft
08/11/2025 08/11/25 Price Changed $275,000 0.0% $54 / Sq Ft
06/04/2025 06/04/25 For Sale $275,000 -- $54 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

About the Listing Agent

Lauren Dunn

Coldwell Banker Ingle Safari Realty

(337) 651-2515

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As a seasoned real estate agent with nearly a decade of experience in Southwest Louisiana, I offer unparalleled local market expertise, reinforced by deep connections with the community and local businesses. My focus is on helping buyers, especially first-time homebuyers and women, achieve their real estate dreams with confidence and ease.

My diverse client base benefits from a well-established professional referral network, including trusted attorneys, financial advisors, and commercial

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Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL25001919