$299,000
SOLD JUN 30, 2025
Last list price

438 NW 3rd St Reserve, LA 70084

8 Beds
8 Baths
4,400 Sq Ft
3 Acres

Recently Sold

5 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Property is in very good condition

About This Home

As of June 2025

Great Investment Opportunity! Each unit is identical, townhouse style, two bedrooms, 1.5 baths and measures approx. 1100 sqft. Has inside laundry connections, full kitchen, half bath downstairs, no carpet, private courtyard and generates strong rental income of $52,400.00 annually. Don't miss out on this well maintained property.

Last Agent to Sell the Property

Berlinda Bias

Banner One Realty, LLC License #NOM:000076930 Listed on: 06/17/2025

Last Buyer's Agent

C.J. Edler

LATTER & BLUM (LATT21) License #NOM:995688158

LATTER & BLUM (LATT21)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,372

Lot Details

  • Lot Dimensions are 70x130.6x70x130.50
  • Property is in very good condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 4,400 Sq Ft Home
  • Property has 1 Level

Parking

  • 3 Parking Spaces
  • Assigned Parking

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 438

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,372

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Traditional
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: Lot 54SQ SUB CORNLAND COB 366/877 FOURPLEX (70'X130.67'X70'X130.50')TRACT 6 132/113
  • Lp Amt Sq Ft: 67.95
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Living Area: 4400
  • Total Sq Ft: 4400

Exterior Features

  • Exterior: Shingle/Shake
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Three or More, Assigned
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 70x130.6x70x130.50
  • Parcel #: 438

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Owner

Multi Family

  • Total Bedrooms All Units: 8
  • Total Full Baths All Units: 4
  • Total Half Baths All Units: 4
  • Total Rent All Units: 3100
  • Total Units: 4
  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2006
Bought by
Edward Scott
Total Days on Market
5
Source: Public Records

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Grant Deed $180,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold -- -- --
06/17/2025 06/17/25 For Sale $299,000 +63.4% $68 / Sq Ft
01/08/2019 01/08/19 Sold -- -- --
12/09/2018 12/09/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $183,000 -- $51 / Sq Ft
Source: Gulf South Real Estate Information Network

Tax History Compared to Growth

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 $2,372 $19,000 $3,500 $15,500
2023 $2,372 $19,000 $3,500 $15,500
2022 $2,378 $19,000 $3,500 $15,500
2021 $2,177 $17,225 $2,500 $14,725
2020 $1,628 $14,500 $2,500 $12,000
2019 $1,822 $14,500 $1,200 $13,300
2018 $1,807 $14,500 $1,200 $13,300
2017 $1,807 $14,500 $1,200 $13,300
2016 $1,705 $14,500 $1,200 $13,300
2014 $1,705 $14,500 $1,200 $13,300
2013 $529 $14,500 $1,200 $13,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2507503

Gulf South Real Estate Information Network

APN: 0500155780