Multifamily Property with Rental
For Sale
$799,000
4198 Highway 1, Raceland, LA 70374
Residential Income, Raceland, LA
Property Size5,500 SF
Lot Size24.00 Acres
Price / SF$145.27
Days on Market546
Property Features for 4198 Highway 1
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
24
Appliances
Gas Cooktop
Subdivision
Rural Tract (no Subd)
Elementary school district
Lafourche Parish
Middle school district
Lafourche Parish
High school district
Lafourche Parish
Standard status
Active
Size
5,500 SF
Lot size
24.00 Acres
Taxes and HOA fees
Tax Description
TRACT (3/4 ARP. X 40 ARPS.) ON RB, 16 MI. BELOW THIB.; FRONT BY LA. HWY. #1; ABOVE BY WALLACE PLAISANCE; BELOW BY JAMES GAUDET; REAR BY 40 ARP. LINE. (570-218) (759-248) (1087-75)(1325-799) (LESS 275' X 120' SOLD)(LESS 215' X 120' SOLD)(1228-185)(1217-364
Legal Description
TRACT (3/4 ARP. X 40 ARPS.) ON RB, 16 MI. BELOW THIB.; FRONT BY LA. HWY. #1; ABOVE BY WALLACE PLAISANCE; BELOW BY JAMES GAUDET; REAR BY 40 ARP. LINE. (570-218) (759-248) (1087-75)(1325-799) (LESS 275' X 120' SOLD)(LESS 215' X 120' SOLD)(1228-185)(1217-364
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Building materials
Aluminum Siding, Block Siding, Vinyl Siding, Brick, Metal Const
Listing Agency:
KELLER WILLIAMS REALTY BAYOU P
(985) 262-4400
Listed By:
Lisa Braud · License #37498
(985) 262-4400
Added: Feb 25, 2025
Changed: Aug 19
Last Checked: Aug 25 at 3:06AM
MLS# 2025003476
Copyright © 2026 Bayou Board 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 multifamily property at 4198 Highway 1 in Raceland encompasses 24 acres with multiple residential rental houses and a main house that can support residential occupancy or rental use. Attached office areas include a 15-by-16-foot office with a full bath and a separate 14-by-16-foot office. The property also includes a 5,000-square-foot pavilion and a 2,200-square-foot shop used for motorhome storage.
One acre is used by a storage company, adding a separate income-producing component to the property. Additional site features include public water, public sewer, central heating, central air, ceiling fans, a gas cooktop, and a combination of aluminum, block, vinyl, brick, and metal construction materials.
One acre is used by a storage company, adding a separate income-producing component to the property. Additional site features include public water, public sewer, central heating, central air, ceiling fans, a gas cooktop, and a combination of aluminum, block, vinyl, brick, and metal construction materials.
Key Highlights
- 24‑acre multifamily property in Raceland, LA
- Multiple residential rental houses plus a main house
- 5,000‑square‑foot pavilion used for motorhome storage
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 70374, LA
6,699
Population
2,724
Households
2.5
Avg Household Size
42
Median Age
13%
College-Educated
79%
High-School Grad
44.1 sq mi
ZIP Area
152
Density / Sq Mi
$69,896
Median Household Income
$43,478
Median Earnings
$984
Median Rent
$190,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Large acreage property includes residential rentals, office space, a pavilion, and a storage-use shop.
Where is this multifamily property located?
The property is located at 4198 Highway 1 Raceland, LA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 24‑acre multifamily property in Raceland, LA; Multiple residential rental houses plus a main house; 5,000‑square‑foot pavilion used for motorhome storage
