$275,000

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

Estimated payment $1,733/month

Total Views 12,875
-- Bed
-- Bath
3,570 Sq Ft
$77 Price per Sq Ft

Highlights

  • Open Floorplan
  • Bathtub
  • Central Heating and Cooling System
  • Traditional Architecture
  • Energy-Efficient Appliances
  • 2-minute walk to Lambert Park Kinder

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 R License #912122392 Listed on: 08/04/2025

Coldwell Banker Ingle Safari R

Property Details

Home Type

  • Multi-Family

Year Built

  • 1988

Lot Details

  • 10,324 Sq Ft Lot
  • 1 Common Wall
  • Irregular Lot
  • Front Yard

Parking

  • 12 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Property Attached
  • Brick Exterior Construction
  • Shingle Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • Bathtub
  • Open Floorplan
  • Ceiling Fan
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Laminate Countertops

Additional Features

  • Energy-Efficient Appliances
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 5 Separate Electric Meters
  • 5 Separate Water Meters
  • Insurance Expense $4,000
  • New Taxes Expense $4,106
  • Operating Expense $8,100
  • Gross Income $36,600
  • Net Operating Income $28,500

Property Details

Home Type

Multi-Family

Year Built

1988

Lot Details

10,324 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Features: City Lot, Front Yard, Irregular Lot
  • LotSizeAcres: 0.237
  • Lot Size: 67 x 172 m/l
  • Is Senior Community?: No
  • Has View?: No
  • CapRate: 10.0
  • Co List Office Phone: 337-478-1601
  • Special Conditions: Standard
  • Directions: Take Hwy 165 turn left on 8th street and then on Railroad
  • Architectural Style: Traditional
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Property Attached Yn: Yes
  • PropertySubTypeAdditional: Apartment
  • DaysOnMarketReplicationIncreasingYN: Yes
  • CurrentPrice: 275000.0
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1988

Interior Features

  • Number Of Buildings: 2
  • Private Spa: No
  • Appliances: Electric Range, Refrigerator
  • Fireplace Features: None
  • Interior Amenities: Bathtub, Ceiling Fan(s), Laminate Counters, Open Floorplan

Exterior Features

  • Has Private Pool?: No
  • Common Walls: 1 Common Wall
  • Construction Type: Brick, Concrete, Synthetic Stucco
  • Roof: Shingle

Garage/Parking

  • Has Attached Garage?: No
  • Open Parking Spaces: 12.0
  • Has Open Parking?: No

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside
  • Green Building Features: Appliances
  • Cooling: Central Air
  • Heating: Central
  • 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
  • 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

Map

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

Property History

Date Event Price List to Sale Price per Sq Ft
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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Nearby Homes
Robbie Ingle
Listing Agent
Robbie Ingle
Section Image
Coldwell Banker Ingle Safari R
(337) 415-6588
Your Personal Tour Guide

Ask me questions while you tour the home.