$35,000

411 5th Ave Oberlin, LA 70655

Estimated payment $231/month

Total Views 1,625
-- Bed
-- Bath
1,020 Sq Ft
$34 Price per Sq Ft

About This Home

**Investment Opportunity: Well-Maintained with Rental Income and Expansion Potential** Discover a fantastic investment opportunity with this charming home, offering both immediate rental income and additional income potential. This property features 3-bedrooms, 1-bathroom, and provides comfortable living space to those currently occupying it. **Current Income:** $600 per month in rental income Home is well-maintained including a cozy living area, functional kitchen, and comfortable bedrooms. The property is situated in a desirable location with easy access to local amenities, and key business areas. This presents a unique chance to secure a property with reliable income while exploring additional revenue streams. Don't miss this opportunity to invest in a well-located property!

Listing Agent

Jessica Landry

EXIT Bayou Realty License #995710927 Listed on: 08/16/2024

Property Details

Home Type

  • Condominium

Year Built

  • 1980

Location

  • City Lot

Utilities

  • No Cooling
  • No Heating

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $7,200
  • Net Operating Income $600

Property Details

Home Type

Condominium

Year Built

1980

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Features: City Lot, Irregular Lot
  • LotSizeAcres: 0.27
  • Lot Size: irrgular
  • Has View?: No
  • Co List Office Phone: 337-905-9000
  • Special Conditions: Standard
  • Directions: North on Hwy 165, left on 5th Avenue, property on left
  • Has Cooling?: No
  • Has Fireplace?: No
  • Is New Construction?: No
  • Property Attached Yn: No
  • PropertySubTypeAdditional: Apartment
  • DaysOnMarketReplicationIncreasingYN: Yes
  • PreviousStandardStatus: Pending
  • CurrentPrice: 35000.0
  • Special Features: None
  • Stories: 1
  • Year Built: 1980

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No

Exterior Features

  • Has Private Pool?: No

Garage/Parking

  • Has Open Parking?: No

Utilities

  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.27
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Annual Gross Income: 7200.0
  • Property Net Operating Income: 600.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $564 $2,860 $360 $2,500
2023 $571 $2,860 $360 $2,500
2022 $575 $2,860 $360 $2,500
2021 $572 $2,860 $360 $2,500
2020 $574 $2,860 $360 $2,500
2019 $578 $2,860 $360 $2,500
2018 $585 $2,860 $360 $2,500
2017 $584 $2,860 $360 $2,500
2015 $390 $1,980 $360 $1,620
2013 $584 $2,850 $360 $2,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2025 09/18/25 For Sale $35,000 0.0% $34 / Sq Ft
09/02/2025 09/02/25 Pending -- -- --
08/16/2024 08/16/24 For Sale $35,000 -- $34 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL24004834

APN: 011-0071300

Louisiana Allen Parish Oberlin 70655

411 5th Ave, Oberlin, LA

For Sale

Condos

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Nearby Homes
Jessica Landry
Listing Agent
Jessica Landry
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EXIT Bayou Realty
(337) 636-6608