4-Unit Residential Income
For Sale
$325,000
2027 JACKSON Street, Alexandria, LA 71301
Multi-Family, Alexandria, LA
Property Size3,315 SF
Price / SF$98.04
Days on Market376
Property Features for 2027 JACKSON Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street
Lot features
Corner, Regular
Subdivision
CHATEAU ON JACKSON
Standard status
Active
APN
2403800200010801
Size
3,315 SF
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
LOT FRONTING 100' ON JACKSON AND 81' ON 21ST ST
Legal Description
LOT FRONTING 100' ON JACKSON AND 81' ON 21ST ST
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1960
Floors in Building
2
Number of units
4
Roof type
Shingle
Listing Agency:
STEVEN SEALE PROPERTIES, LLC
(318) 445-3359
Listed By:
Steven Seale
(318) 715-3333
Added: Oct 13, 2025
Changed: Oct 23
Last Checked: Oct 23 at 9:06PM
MLS# 2526296
Copyright © 2026 Greater Central Louisiana REALTORS® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,315-square-foot quadplex contains four occupied apartments: two one-bedroom units and two two-bedroom units. Central heating and central air conditioning serve the building, which has a shingle roof and off-street parking. Built in 1960, the property receives public water service.
The building is at 2027 Jackson Street in Alexandria, Louisiana, in Rapides Parish. Its four separate rental units are held within one property.
The building is at 2027 Jackson Street in Alexandria, Louisiana, in Rapides Parish. Its four separate rental units are held within one property.
Key Highlights
- Four occupied units: two one‑bedroom apartments and two two‑bedroom apartments
- 3,315 square feet
- Built in 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,730
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,600
$554.6K
Cap Rate 7%
$396,143
$396.1K
Cap Rate 9%
$308,111
$308.1K
Market Conditions
NOI Build-Up for 3,315 SF
Gross rent
$43.4K $13.08/SF
− Vacancy
−$3.7K −$1.13/SF
EGI
$39.6K $11.95/SF
− OpEx
−$11.9K −$3.58/SF
NOI
$27.7K $8.36/SF
Area
Rapides County, LA
Vacancy
8.64%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,600
Cap Rate 7%
$396,143
Cap Rate 9%
$308,111
Alternative Uses
Best Use
Multifamily LT 5
$396.1K
$346.6K – $462.2K
NOI $27,730 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$352.3K
$308.3K – $411.0K
NOI $24,661 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$913.8K
$799.6K – $1.07M
NOI $63,966 @ 7.0% cap · market cap 19.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Explore this area
Business Placement
Demographics for 71301, LA
20,454
Population
9,173
Households
2.2
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
12.5 sq mi
ZIP Area
1,636
Density / Sq Mi
$44,330
Median Household Income
$31,233
Median Earnings
$919
Median Rent
$156,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied apartments offer a mix of one- and two-bedroom layouts with central heating and air conditioning.
Where is this quadplex located?
The property is located at 2027 JACKSON Street Alexandria, LA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four occupied units: two one‑bedroom apartments and two two‑bedroom apartments; 3,315 square feet; Built in 1960
