$330,000
PENDING $20K PRICE DROP

514 Napoleon Ave Sunset, LA 70584

Estimated payment $1,859/month

Total Views 6,364
9 Beds
5 Baths
3,825 Sq Ft
$86 Price per Sq Ft

Highlights

  • Porch
  • Wood Siding
  • Multiple Heating Units
  • Central Air

About This Home

Are you looking to make an investment and want multi units?This package deal includes 5 units that are ALL TENANT OCCUPIED and cash flowing! Properties have been well maintained, fixed up and some have been freshly painted. Located in the heart of Sunset and in Flood zone X. The blue house (526 Napoleon) is 1200 sq ft and 3 beds/2 baths. The white house is 825 square feet is (514 Napoleon) 2 bed/1bath. There are 3 houses (522 Napoleon) across the back property line that are all the same floorplan at 900 square feet and 2 bed/1bath homes. This is an opportunity to have multiple rentals with one loan and 5 separate incomes to cover the note. There are other potential ways to increase cashflow as well with two vacant lots ready for future development or just rent the land. Do not disturb the Tenants ...Call your Realtor for more info.

Listing Agent

jana hickey

EXP Realty, LLC License #0995682112 Listed on: 03/27/2025

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,391

Home Design

  • 3,825 Sq Ft Home
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Parking

  • 15 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Tenant pays for electricity, trash collection, water

Community Details

Overview

  • 5 Units

Building Details

  • 4 Leased Units
  • Insurance Expense $6,000
  • Other Expense $980
  • New Taxes Expense $1,400
  • Gross Income $47,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,391

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size: Irregular
  • Subdivision Name: None
  • Directions: Traveling North on I-49, take the Duffy Avenue/ MLK Drive Exit. Turn left onto Duffy Avenue. Right on Napoleon Avenue. Property is on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other
  • Full Bathrooms: 5
  • Total Bedrooms: 9
  • Flooring: Other
  • Interior Amenities: Unit 3(Dining Room,Eat-in Kitchen), Unit 4(Dining Room,Eat-in Kitchen)
  • Living Area: 3825

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Unit 3 Porch/Patio/Deck, Unit 4 Porch/Patio/Deck
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 15

Utilities

  • Cooling: Central Air,Window Unit(s), AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Wall Furnace, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Call School Board
  • Junior High Dist: St Landry Parish
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Water

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 47100
  • Insurance Expense: 6000
  • Number Of Units Leased: 4
  • Total Actual Rent: 3285

Tax Info

  • New Taxes Expense: 1400
  • Tax Lot: NA

Map

Range of Values:

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Average Value
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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 $1,391 $3,610 $3,280 $330
2023 $982 $6,880 $3,280 $3,600
2022 $476 $8,570 $3,280 $5,290
2021 $472 $8,570 $3,280 $5,290
2020 $472 $8,570 $3,280 $5,290
2019 $460 $8,260 $3,280 $4,980
2018 $460 $8,260 $3,280 $4,980
2017 $460 $8,260 $3,280 $4,980
2015 $473 $8,260 $3,280 $4,980
2013 -- $8,260 $3,280 $4,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2025 08/17/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $330,000 -2.9% $86 / Sq Ft
05/05/2025 05/05/25 Price Changed $340,000 -2.9% $89 / Sq Ft
03/27/2025 03/27/25 For Sale $350,000 -- $92 / Sq Ft
Source: REALTOR® Association of Acadiana

Purchase History

Date Type Sale Price Title Company
Deed $300,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Cash Sale Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $296,000 New Conventional
Source: Public Records

Source: REALTOR® Association of Acadiana

MLS Number: 2020022136

REALTOR® Association of Acadiana

APN: 0200307015