$160,000
SOLD FEB 7, 2025
Last list price

520 N 1st St Oberlin, LA 70655

-- Bed
-- Bath
2,500 Sq Ft
0.56 Acres

Recently Sold

$64 Per Sq Ft

123 Days on Market

About This Home

As of February 2025

**Investment Opportunity: Charming 4-Plex with Steady Rental Income** Welcome to a prime investment opportunity in real estate! This well-maintained brick 4-plex features four 1-bedroom, 1-bathroom units, each offering cozy, functional living spaces perfect for tenants seeking comfort and convenience. Classic brick facade, offering durability and timeless appeal. $2,000 per month in rental income, demonstrating strong demand and consistent revenue. Fully tenant-occupied, ensuring immediate cash flow for the new owner. Each unit boasts a thoughtful layout with spacious living areas, well-appointed kitchens, and comfortable bedrooms. The property is ideally situated in a desirable neighborhood, providing tenants with easy access to local amenities. Consistent rental history in a sought-after area This 4-plex offers an excellent opportunity for investors looking to expand their portfolio with a property that promises steady returns and long-term value. Don't miss out on this chance to acquire a well-maintained asset with reliable income potential! Property is cross listed. Age of property estimated. Measurements +/-.

Last Agent to Sell the Property

Jessica Landry

EXIT Bayou Realty License #995710927 Listed on: 08/13/2024

Last Buyer's Agent

Jessica Landry

EXIT Bayou Realty License #995710927 Listed on: 08/13/2024

Property Details

Home Type

Condominium

Year Built

1970

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Size: 116x270x124x265
  • Co List Office Mls Id: 423
  • Co List Office Phone: 337-905-9000
  • Directions: North on Hwy 165, left on 6th Avenue, right on 1st, property at the end of 1st before the curve
  • Property Attached Yn: No
  • Special Features: None
  • Year Built: 1970

Interior Features

  • Number Of Buildings: 1
  • Stories: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24393.6
  • Land Lease Expiration Date: 2025-08-01
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Annual Gross Income: 23400.0
  • Property Net Operating Income: 1950.0
  • Annual Operating Expense: 50.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Range of Values:

Collateral Analytics

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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
02/07/2025 02/07/25 Sold -- -- --
12/14/2024 12/14/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $160,000 -- $64 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jessica Landry

    EXIT Bayou Realty

See All Agents

Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL24004848

Louisiana Allen Parish Oberlin 70655

520 N 1st St, Oberlin, LA

This home is located at 520 N 1st St, Oberlin, LA 70655 and is currently priced at $160,000, approximately $64 per square foot. This property was built in 1970. 520 N 1st St is a home located in Allen Parish with nearby schools including Oberlin Elementary School, Oberlin High School, and Oberlin Covenant Christian School.

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