411 5th Ave Oberlin, LA 70655
Estimated payment $232/month
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!
Map
Property Details
Home Type
Condominium
Est. Annual Taxes
$564
Year Built
1980
Lot Details
0
Listing Details
- Property Sub Type: Apartment
- Property Type: Residential Income
- Lot Size: irrgular
- Co List Office Mls Id: SRP001
- Co List Office Phone: 337-905-9000
- Directions: North on Hwy 165, left on 5th Avenue, property on left
- Property Attached Yn: No
- Special Features: None
- Year Built: 1980
Interior Features
- Number Of Buildings: 1
- Private Spa: No
- Stories: 1
Utilities
- Heating Yn: No
- Sewer: Public Sewer
- Water Source: Public
Lot Info
- Land Lease: No
- Lot Size Sq Ft: 0.27
- Land Lease Expiration Date: 2026-02-01
- 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
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
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®
MLS Number: SWL24004834
APN: 011-0071300