$275,000

305 E Railroad St Unit A/B Kinder, LA 70648

Estimated payment $1,773/month

Total Views 114
-- Bed
-- Bath
3,570 Sq Ft
$77 Price per Sq Ft

About This Home

Investor Alert! This fully leased 5-unit multifamily property delivers reliable income in a sought-after Kinder location just off Hwy 165, near the Coushatta Casino. Comprised of two one-bedroom and three two-bedroom units across two separate buildings, this well-maintained complex boasts high occupancy and low expenses. Offering a solid 10% cap rate, it’s an excellent opportunity for investors seeking consistent cash flow and long-term value growth. Don’t miss this rare chance to add a turnkey investment to your portfolio in a thriving market. All units are occupied so need minimum 24 hour notice for all showings.

Listing Agent

Robbie Ingle

Coldwell Banker Ingle Safari Realty License #912122392 Listed on: 08/04/2025

Coldwell Banker Ingle Safari Realty

Map

Property Details

Home Type

Condominium

Year Built

1988

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Size: 67 x 172 m/l
  • CapRate: 10.0
  • Co List Office Mls Id: 67
  • Co List Office Phone: 337-478-1601
  • Directions: Take Hwy 165 turn left on 8th street and then on Railroad
  • Property Attached Yn: Yes
  • Special Features: VirtualTour
  • Year Built: 1988

Interior Features

  • Number Of Buildings: 2
  • Private Spa: No
  • Appliances: Electric Range, Refrigerator
  • Fireplace Features: None
  • Stories: 2

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Brick, Concrete, Synthetic Stucco
  • Roof: Shingle

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside
  • Green Building Features: Appliances
  • Cooling: Central Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Connected
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.24
  • Land Lease Expiration Date: 2026-08-04
  • Additional Parcels: No
  • Zoning Description: Other

Rental Info

  • Rent Control: No

Multi Family

  • Annual Gross Income: 36600.0
  • Insurance Expense: 4000.0
  • Property Net Operating Income: 28500.0
  • Annual Operating Expense: 8100.0
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Water Meters: 5

Tax Info

  • New Taxes Expense: 4106.0

Range of Values:

Collateral Analytics

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ICE

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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

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $275,000 -- $77 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL25100352

Louisiana Allen Parish Kinder 70648

305 E Railroad St Unit A/B, Kinder, LA

This home is located at 305 E Railroad St Unit A/B, Kinder, LA 70648 and is currently priced at $275,000, approximately $77 per square foot. This property was built in 1988. 305 E Railroad St Unit A/B is a home located in Allen Parish.

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Robbie Ingle
Listing Agent
Robbie Ingle
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Coldwell Banker Ingle Safari Realty
(337) 294-0516