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Hammond Multifamily Investment Opportunity

44 WHITAMAR Drive Hammond, LA 70401

44 WHITAMAR Drive, Hammond, LA, 70401
$1,000,000
For Sale
$1,000,000

MULTI_FAMILY - Hammond, LA

Property Size700 SF
Lot Size0.50 Acres
Price / SF$1,428
Days on Market112

Property Features for 44 WHITAMAR Drive

General Information

Property type
Residential Multi Family
Property subtype
Apartment
Parking features
Driveway
Standard status
Active
APN
01055100
Size
700 SF
Lot size
0.50 Acres

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1978
Floors in Building
2
Number of units
16
Roof type
Shingle
Listing agency Berkshire Hathaway HomeServices Preferred, REALTOR
Listed by Liesha Foster · License #995689151
Added: Apr 2 Updated: May 7 at 12:01PM Checked: Jul 22 at 6:06AM
MLS# 2550398

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 multifamily complex is located in close proximity to Southeastern Louisiana University (SLU) and Downtown Hammond. The property features 16 units, each with one bathroom and a loft. Each unit is rented for $600.00 per month, generating a total monthly income of $9,600, plus a $30 per month water and sewer fee. The property has two separate water meters and no gas. The owner is responsible for garbage disposal, which costs $250 per month. Tenants are responsible for paying their own electrical bills. An adjacent 1/2 acre parcel to the south is available for purchase, but it is not included in the price of this property. The property size is 700 square feet.

Key Highlights

  • 16‑unit multifamily complex generating $9,600/month in rental income.
  • All units feature a desirable 1‑bathroom with loft layout.
  • Located in close proximity to SLU and Downtown Hammond.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

FAQs

What type of property is this?
Apartment building - 16-unit multifamily complex near SLU and Downtown Hammond.
Where is this apartment building located?
The property is located at 44 WHITAMAR Drive Hammond, LA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 16‑unit multifamily complex generating $9,600/month in rental income.; All units feature a desirable 1‑bathroom with loft layout.; Located in close proximity to SLU and Downtown Hammond.
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