NOT LISTED FOR SALE

40063 Interstate 55 Ponchatoula, LA 70454

8 Beds
8 Baths
3,366 Sq Ft
0.55 Acres Lot

Sale Details

Date Sold: March 10, 2025

37 Days on Market

Highlights

  • 0.55 Acre Lot
  • Window Unit Cooling System
  • Central Heating
  • Traditional Architecture
  • High-Efficiency Water Heater
  • Property has 1 Level

About This Home

As of March 2025

Great investment opportunity with owner financing available! This property features two 4-plex buildings with weekly rentals, offering strong cash flow potential. Fully furnished units currently rent for $230 per week, with the potential to increase to $250 per week. Six units are currently occupied. The roof was replaced just two years ago, and the septic system has been recently inspected. Additionally, the property includes two on-site billboards generating $7,000 annually in extra income. Don’t miss this investment opportunity!

Last Agent to Sell the Property

LINDSAY SANTANA

JW Property Services, LLC License #995709982 Listed on: 02/01/2025

Last Buyer's Agent

Mason McCullough

Bridgewater Realty Advisors, LLC License #995714063

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 23,958 Sq Ft Lot
  • Irregular Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,366 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway
  • Off-Street Parking

Location

  • City Lot

Utilities

  • Window Unit Cooling System
  • Central Heating
  • High-Efficiency Water Heater
  • Septic Tank

Listing and Financial Details

  • The owner pays for electricity, water
  • Tax Lot 7
  • Assessor Parcel Number 4558804

Community Details

Overview

  • 8 Units
  • Not A Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.55 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.55
  • Lot Size: 24163.3
  • Subdivision Name: Not a Subdivision
  • Directions: Drive 1.2 miles down service rd, look for two billboards to left “Fence King, Bayou Signs Outdoor, & Mayeaux’s”
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: One
  • Efficiency: Water Heater
  • Building Stories: 1
  • Year Built Details: Roof 2 yrs
  • Year Built: 1980
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1
  • Year Built: 1980

Interior Features

  • Owner Pays: Electricity, Water
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Living Area: 3366.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Irregular Lot
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Average Condition
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Off Street, Three or more Spaces

Utilities

  • Laundry Features: None
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Lot Info

  • Parcel #: 4558804
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Lot: 7
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
03/10/2025 03/10/25 Sold -- -- --
02/01/2025 02/01/25 For Sale $434,000 -- $129 / Sq Ft
Source: ROAM MLS

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 $3,781 $35,262 $7,020 $28,242
2024 $1,933 $18,198 $3,240 $14,958
2023 $1,949 $18,116 $3,000 $15,116
2022 $1,922 $18,116 $3,000 $15,116
2021 $1,927 $18,116 $3,000 $15,116
2020 $1,294 $12,204 $1,150 $11,054
2019 $1,303 $12,204 $1,150 $11,054
2018 $1,331 $6,677 $1,150 $5,527
2017 $1,294 $6,677 $1,150 $5,527
2016 $1,307 $12,204 $1,150 $11,054
2015 $1,367 $12,750 $1,150 $11,600
2014 $1,290 $12,750 $1,150 $11,600
Source: Public Records

Agents Affiliated with this Home

  • LINDSAY SANTANA

    Seller's Agent in 2025

    LINDSAY SANTANA

    JW Property Services, LLC

    (504) 826-8426

    6 in this area

    64 Total Sales

    LINDSAY SANTANA
    Section Image

  • M

    Buyer's Agent in 2025

    Mason McCullough

    Bridgewater Realty Advisors, LLC

    (404) 985-0260

    2 in this area

    69 Total Sales

    Mason McCullough
    Section Image
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Map

Source: ROAM MLS

MLS Number: 2485094

Louisiana Tangipahoa Parish Ponchatoula 70403

40063 Interstate 55, Ponchatoula, LA

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