NOT LISTED FOR SALE

504 W Louisiana Ave Ruston, LA 71270

4 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold October 29, 2021

Highlights

  • Brick Veneer
  • Central Heating and Cooling System
  • Ceiling Fan
  • Glen View Elementary School Rated A

About This Home

As of October 2021

Great investment property beside LA Tech! Nice brick 6-Plex with 1 of the apartments being handicapped assessable. The complex has a new roof from 2019, has central heat & air and 100% occupied with a waiting list! Since it is located across the street from LA Tech’s new management building, most of the tenants are college students. From an investment standpoint, there is a good probability the university will want to buy the property at some time in the future! Rent has not been increased for 4 years, so there is a potential for a higher net income! Owner pays insurance, taxes and water.

Last Agent to Sell the Property

Jan Mattingly

Coldwell Banker Group One Realty License #0000024812 Listed on: 10/06/2021

Coldwell Banker Group One Realty

Last Buyer's Agent

Christian Wroten

Today's Realty, Inc. License #0995699841

Property Details

Home Type

  • Apartment

Year Built

  • 1975

Lot Details

  • 10,019

Parking

  • 13 Parking Spaces

Home Design

  • Brick Veneer
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Ceiling Fan
  • 10,019 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 23183245302

Property Details

Home Type

Apartment

Year Built

1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Apartments
  • Electric Companies: City of Ruston
  • Estimated Number of Acres: 0.23
  • Parish: LINCOLN
  • Price Per Sq Ft: 1793478.26
  • Water Companies: City of Ruston
  • Year Built: 1975
  • Occupied Percent: 100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Electric Range/Oven, Range Hood
  • Interior Amenities: Ceiling Fan(s), Cable

Exterior Features

  • Exterior: Brick Veneer
  • Exterior Amenities: Hard Surface Drive, Paved Street
  • Foundation: Slab
  • Roof: Asphalt Shingle

Garage/Parking

  • Total Parking Spaces: 13

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric, Central
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Electricity: Separate Meters

Lot Info

  • Geo Subdivision: LA
  • Lot Size: .23 acre
  • Parcel Number: 23183245302
  • Price Per Acre: 1847826.09
  • Zoning: res

Multi Family

  • Number Of Units: 6

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

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold -- -- --
10/06/2021 10/06/21 For Sale $425,000 -- --
Source: Northeast REALTORS® of Louisiana

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jan Mattingly

    Seller's Agent in 2021

    Jan Mattingly

    Coldwell Banker Group One Realty

    (318) 387-8100

    141 Total Sales

    Jan Mattingly
    Section Image

  • C

    Buyer's Agent in 2021

    Christian Wroten

    Today's Realty, Inc.

    (601) 870-5042

    31 Total Sales

    Christian Wroten
    Section Image
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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 199259

Northeast REALTORS® of Louisiana

Louisiana Lincoln Parish Ruston 71270

504 W Louisiana Ave, Ruston, LA

This home is located at 504 W Louisiana Ave, Ruston, LA 71270 since 06 October 2021. This property was built in 1975. 504 W Louisiana Ave is a home located in Lincoln Parish with nearby schools including Glen View Elementary School, Cypress Springs Elementary School, and Ruston Junior High School.

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