$275,000
$20K PRICE DROP

Estimated payment $1,581/month

Total Views 5,668
-- Bed
-- Bath
3,900 Sq Ft
$71 Price per Sq Ft

Highlights

  • Property fronts a bayou
  • Window Unit Cooling System
  • Partially Fenced Property
  • 4 Acre Lot
  • Tile Flooring
  • Multiple Heating Units

About This Home

Attention investors! Don't miss out on this exceptional investment opportunity in a prime location. This property features four income-producing units, generating $2,800 per month in rent, all nestled on 4 acres of picturesque Bayou Teche frontage. A fantastic potential for continued growth and returns. Please do not disturb tenants.

Listing Agent

Jessica Domingue

EXP Realty, LLC License #995706554 Listed on: 04/04/2025

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,035

Lot Details

  • 4 Acre Lot
  • Property fronts a bayou
  • Partially Fenced Property

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Metal Roof
  • Siding

Interior Spaces

  • 3,900 Sq Ft Home
  • Tile Flooring

Outdoor Features

  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Central Air
  • Multiple Heating Units
  • Wall Furnace
  • Separate Meters
  • Septic Tank

Community Details

  • 4 Units
  • 4 Leased Units

Listing and Financial Details

  • Tenant pays for cable/sat TV, electricity, gas, sewer
  • The owner pays for trash collection, water
  • Tax Lot 05102A1243

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,035

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 4
  • Lot Size: 4 AC
  • Subdivision Name: None
  • Directions: Travel east on I-10, take exit 109 LA-328 N/Rees St, left from exit onto Rees St/LA-328 for 1.8 miles, left on Poche Bridge Rd, right on Main Hwy for 1.9 miles and property will be on right
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other
  • Other Equipment: Individual Meter
  • Owner Pays: Trash Collection, Water
  • Flooring: Tile

Exterior Features

  • Fencing: Partial
  • Lot Features: Waterfront
  • Waterfront Features: Bayou/River, Waterfront
  • Waterfront: Yes
  • Construction Type: Frame, Other Siding
  • Exterior Features: Lighting
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Other - See Remarks
  • Roof: Composition, Metal

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Cooling: Window Unit(s), AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Elementary School: Call School Board
  • Junior High Dist: St Martin Parish
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Lot Size Sq Ft: 174240

Rental Info

  • Tenant Pays: Cable/Sat TV, Electricity, Gas, Sewer

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 4
  • Total Actual Rent: 2800

Tax Info

  • Tax Lot: 05102A1243

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $1,035 $11,580 $4,200 $7,380
2023 $956 $10,370 $4,200 $6,170
2022 $956 $10,370 $4,200 $6,170
2021 $956 $10,370 $4,200 $6,170
2020 $953 $10,370 $4,200 $6,170
2019 $996 $10,730 $4,000 $6,730
2018 $982 $10,730 $4,000 $6,730
2017 $733 $8,010 $4,000 $4,010
2016 $698 $8,010 $4,000 $4,010
2015 $748 $8,100 $4,000 $4,100
2014 $748 $8,100 $4,000 $4,100
2013 $748 $5,990 $4,000 $1,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Price Changed $275,000 -6.8% $71 / Sq Ft
04/04/2025 04/04/25 For Sale $295,000 -- $76 / Sq Ft
Source: REALTOR® Association of Acadiana

Purchase History

Date Type Sale Price Title Company
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: REALTOR® Association of Acadiana

MLS Number: 2020022485

REALTOR® Association of Acadiana

APN: 05102A1243