514 Napoleon Ave Sunset, LA 70584
Estimated payment $1,859/month
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.
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
Map
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 | $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 |
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 |
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 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $296,000 | New Conventional |
Source: REALTOR® Association of Acadiana
MLS Number: 2020022136

APN: 0200307015
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