Property Attributes
- MLS#2569651
- TypeMulti-Family
- Listing Status Active
- ParishST TAMMANY
- CityMandeville
- NeighborhoodNot a Subdivision
- Zip70448
- Style
- Year Built1956
- Price$ 555,000
- Bedrooms8
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage3128
- Lot Size0.5 Acres
Data Source:
Gulf South Real Estate Information Network
Property Description
Exceptional investment opportunity in the heart of Mandeville. Situated on a half-acre lot, this income-producing property features five separate rental units in a highly desirable location just minutes from the lakefront, Causeway Bridge, shopping, dining, and all the conveniences Mandeville has to offer. Each move-in-ready unit offers its own unique floor plan, layout, and character while featuring similar updates including newer flooring and renovated kitchens. With all units currently leased, this turnkey investment allows you to take ownership and immediately begin collecting rental income from an established tenant base. Whether you're looking to expand your portfolio or secure a prime multi-family asset in a sought-after location, this property is one you won't want to miss. *Pictures Above Were Taken Before Occupancy*
| Elementary School | Middle School | High School |
|---|---|---|
| Magnolia Trac Elementary School | Lake Harbor Middle School | Mandeville HS |
| Price History | |
|---|---|
| 7/28/2026 | Listed $555,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Window Unit |
| Cooling | Window Unit(s) |
| Roof | Wood |
| Architectural Style | Other |
| Construction Materials | Metal Siding |
| Year Built | 1956 |
| Tenant Pays | Electricity,Water |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Mixed Use |
| County | St Tammany |
| Property Type | Residential Income |
| Subdivision Name | Not a Subdivision |
| Full Baths | 5 |
| Status | Active |
| Directions | From Mandeville HWY 190,turn North onto Wilkinson St. One block up,property is on the Right. |
| High School | Mandeville HS |
| City | Mandeville |
| Number Of Units Total | 5 |
| Elementary School | Magnolia Trac |
| Middle/Junior High School | Lake Harbor |
| Property Condition | Average Condition |
| Standard Status | Active |
| Property Sub Type Additional | Commercial,Residential |
| PostalCity | Mandeville |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Laundry Features | None |
| Total Bedrooms | 8 |
| LivingAreaSource | Appraiser |
Exterior Features
| Parking Features | Parking Lot |
|---|---|
| Lot Features | 1 to 5 Acres,Outside City Limits |
| Water Source | Public |
| Lot Size Area | 0.5 |
| Foundation Details | Other,Raised |
| Lot Dimensions | 120x190 |
| Lot Size Acres | 0.5 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 70448
In The Neighborhood
New Orleans
$ 439,000
- Type
- Multi-Family
- Size
- 1,597 SqFt
- Rooms
- 4 Beds + 4 Baths
New Orleans
$ 1,100,000
- Type
- Multi-Family
- Size
- 3,033 SqFt
- Rooms
- 5 Beds + 4 Baths
New Orleans
$ 420,000
- Type
- Multi-Family
- Size
- 2,299 SqFt
- Rooms
- 6 Beds + 3 Baths
Hammond
$ 650,000
- Type
- Multi-Family
- Size
- 6,800 SqFt
- Rooms
- 16 Beds + 8 Baths
Ponchatoula
$ 535,000
- Type
- Multi-Family
- Size
- 5,103 SqFt
- Rooms
- 8 Beds + 6 Baths
Hammond
$ 315,900
- Type
- Multi-Family
- Size
- 2,447 SqFt
- Rooms
- 7 Beds + 4 Baths
New Orleans
$ 485,000
- Type
- Multi-Family
- Size
- 1,750 SqFt
- Rooms
- 4 Beds + 4 Baths
New Orleans
$ 1,454,000
- Type
- Multi-Family
- Size
- 750 SqFt
- Rooms
- 12 Beds + 7 Baths
Pearl River
$ 239,000
- Type
- Multi-Family
- Size
- 1,718 SqFt
- Rooms
- 2 Beds + 1 Baths
Hammond
$ 795,000
- Type
- Multi-Family
- Size
- 6,144 SqFt
- Rooms
- 16 Beds + 8 Baths
New Orleans
$ 450,000
- Type
- Multi-Family
- Size
- 3,000 SqFt
- Rooms
- 6 Beds + 4 Baths
New Orleans
$ 3,250,000
- Type
- Multi-Family
- Size
- 8,325 SqFt
- Rooms
- 10 Beds + 10.5 Baths
Hammond
$ 120,000
- Type
- Multi-Family
- Size
- 864 SqFt
- Rooms
- 6 Beds + 3 Baths
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