Search
Apartment Building with Five Units
For Sale
$555,000

1011 WILKINSON Street, Mandeville, LA 70448

Multi-Family, Mandeville, LA

Property Size3,128 SF
Lot Size0.50 Acres
Price / SF$177.43
Days on Market28

Property Features for 1011 WILKINSON Street

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Not a Subdivision
Lot features 1-5 Acres
Standard status Active
APN 43608
Size 3,128 SF
Lot size 0.50 Acres

Utilities

Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1956
Floors in Building 1
Number of units 5
Roof type Wood
Listing Agency: Keller Williams Realty Services
Listed By: Lane Sheasby · License #995720040
Added: Jul 28 Changed: Aug 19 Last Checked: Aug 24 at 9:06PM
MLS# 2569651

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment building on a 0.5-acre lot includes five separate rental units. Each unit offers its own floor plan and layout, with similar updates noted across the property such as newer flooring and renovated kitchens. Cooling is provided by window unit(s), and the property has public water service. The roof is wood.

Built in 1956, the property is located at 1011 Wilkinson Street in Mandeville, Louisiana. All units are currently leased, supporting an income-producing setup for an owner seeking a maintained tenant base.

With five units and multiple updated interiors, the configuration is designed for straightforward occupancy under existing leases. The property is positioned in the heart of Mandeville and is described as being near the lakefront and Causeway Bridge, along with shopping and dining nearby.

Key Highlights

  • 0.5‑acre lot with five separate rental units
  • All units currently leased
  • 5‑unit apartment building with renovated kitchens and newer flooring noted

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Florist Butcher Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

699
Businesses Nearby

Demographics for 70448, LA

25,670
Population
10,372
Households
2.5
Avg Household Size
41
Median Age
45%
College-Educated
93%
High-School Grad
21.9 sq mi
ZIP Area
1,172
Density / Sq Mi
$88,929
Median Household Income
$50,824
Median Earnings
$1,415
Median Rent
$324,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building on a half-acre lot with five leased rental units and renovated kitchen updates.
Where is this apartment building located?
The property is located at 1011 WILKINSON Street Mandeville, LA.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: 0.5‑acre lot with five separate rental units; All units currently leased; 5‑unit apartment building with renovated kitchens and newer flooring noted
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message