Property Attributes
- MLS#2574857
- TypeMulti-Family
- Listing Status Active
- ParishTANGIPAHOA
- CityHammond
- NeighborhoodNot a Subdivision
- Zip70403
- StyleTraditional
- Year Built1997
- Price$ 795,000
- Bedrooms16
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage6144
Data Source:
Gulf South Real Estate Information Network
Property Description
INVESTMENT OPPORTUNITY! Well maintained 8-unit multifamily complex situated on 6. acres, offering strong existing rental income with excellent potential for future expansion. Conveniently located near the interstate, hospital, shopping and dining yet tucked away in a private setting that tenants appreciate. All 8 units have been remodeled within the past 3 years, and the roofs were replaced in 2021 reducing any need for immediate capital expenditures. The units are currently commanding strong rental rates for the area. These units are all electric, individually metered for city water and have no carpet. The apartments are located in flood zone X, with the back part of the property in flood zone A. Whether you are adding to an existing portfolio or looking for your first income producing property with room to grow, this multifamily investment offers a rare combination of established rental income, updated units, desirable location, privacy and development potential.
| Price History | |
|---|---|
| 9/3/2026 | Listed $795,000 |
General Features
| Sewer | Treatment Plant |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Roof | Shingle |
| Architectural Style | Traditional |
| Pool Features | None |
| Construction Materials | Vinyl Siding |
| Year Built | 1997 |
| Tenant Pays | Electricity,Gas,Water |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Apartment |
| County | Tangipahoa |
| Property Type | Residential Income |
| Subdivision Name | Not a Subdivision |
| Full Baths | 8 |
| Status | Active |
| Directions | West Hoffman then turn north on Thomas St. Street between Tangi Meat Market and Apartments. Apartments are located at the end of the street. |
| City | Hammond |
| Number Of Units Total | 8 |
| Property Condition | Average Condition |
| Standard Status | Active |
| Property Sub Type Additional | Apartment |
| PostalCity | Hammond |
| Legal Description | 6.12A BEING TR PA-1 OF A SURVEY IN SEC 11 T7SR7E |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Total Bedrooms | 16 |
| LivingAreaSource | Measured |
Exterior Features
| Parking Features | Parking Lot,Two Spaces |
|---|---|
| Lot Features | 6-10 Units/Acre,Outside City Limits |
| Water Source | Public |
| Foundation Details | Slab |
| Lot Dimensions | 6.12 acres |
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 70403
In The Neighborhood
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
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
Metairie
$ 589,000
- Type
- Multi-Family
- Size
- 4,400 SqFt
- Rooms
- 8 Beds + 6 Baths
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