$350,000

726 S Labarre Rd Jefferson, LA 70121

Estimated payment $2,283/month

Total Views 4,153
6 Beds
5 Baths
2,507 Sq Ft
$140 Price per Sq Ft

About This Home

Investor Special – Fully occupied 5-Plex Near Ochsner! Excellent opportunity to own a fully occupied 5-plex located just minutes from Ochsner. This income-producing property features one 2-bedroom unit and four 1-bedroom units, all currently leased. Property needs some TLC but offers strong potential for increased value and rental income with updates. All tenants supply their own refrigerators and window A/C units, keeping owner expenses low. Owner currently provides water/sewer and lawn maintenance. Solid rental history and positive monthly cash flow make this a great choice for investors looking to build or expand their portfolio.Don’t miss out on this multi-family opportunity in a high-demand area!

Listing Agent

Monique Gros

LATTER & BLUM (LATT21) License #NOM:000037989 Listed on: 05/01/2025

LATTER & BLUM (LATT21)

Co-Listing Agent

Grant Hebert

LATTER & BLUM (LATT21) License #NOM:995684889

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 25x110
  • Property is in average condition

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,507 Sq Ft Home
  • Property has 1 Level

Parking

  • Driveway
  • Parking Lot

Location

  • Outside City Limits

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • 5 Units
  • Avalon Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Other
  • Style: Townhouse
  • Condition: Avg
  • ADA Features: No
  • Legal Description: Lots 3 & 4 sq 3 Avalon Pl
  • Lp Amt Sq Ft: 139.61
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Unit Level: 1
  • Year Renovated: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Room Count: 5
  • Estimated Living Area: 2507
  • Total Sq Ft: 2507

Exterior Features

  • Pool Type: None
  • Exterior: Brick
  • ExteriorFeatures: Driveway Permeable Surface
  • Foundation: Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Driveway Only, Lot
  • Internet: Yes

Utilities

  • Air Conditioner: Window Unit
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Window Unit
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Num: 3 &4
  • Lot Size: 25x110
  • Parcel #: 3

Rental Info

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

Multi Family

  • Total Bedrooms All Units: 6
  • Total Full Baths All Units: 5
  • Total Rent All Units: 3650
  • Total Units: 5
  • Unit Count: 5

Map

Range of Values:

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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
05/01/2025 05/01/25 For Sale $350,000 -- $140 / Sq Ft
Source: Gulf South Real Estate Information Network

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Source: Gulf South Real Estate Information Network

MLS Number: 2498520

Gulf South Real Estate Information Network