Waterfront
Address
1011 Wilkinson Street, Mandeville, LA
Price
$ 555,000
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

Price
AVG $1.08M
$560K
Year Built
AVG 1995
1956
Visits
AVG 60
40
Data Provided by Inside Real Estate®