Historic Masonry Duplex
489 W RAILROAD Avenue Independence, LA 70443
For Sale
$109,000
MULTI_FAMILY - Independence, LA
Property Size2,270 SF
Price / SF$48.02
Days on Market140
Property Features for 489 W RAILROAD Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Exterior features
- Balcony
- Standard status
- Active
- APN
- 0INDY00000805
- Size
- 2,270 SF
Taxes and HOA fees
- Tax Description
- LOTS 30 & 34 SQ 24 INDEPENDENCE
Utilities
- Water source
- Public
Building Details
- Year built
- 1915
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Membrane, Metal
- Architectural style
- Other
Listing Agency:
Keller Williams Realty Services
(985) 727-7000
Listed By:
Bart Gillis
(985) 727-7000
Added: Mar 9
Changed: Jul 10
Last Checked: Jul 26 at 8:06PM
MLS# 2546546
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 two-story duplex building features a historic masonry storefront and has been gutted and brought partway through a redevelopment. Renovations completed to date include new windows, new electrical panels, a new water supply line, a newly applied 10-year roof coating, spray foam insulation under the roof decking, and a newly redesigned apartment floor plan upstairs. The building offers approximately 1,135 square feet of living space on each floor, creating a straightforward basis for a two-unit layout.
Located at 489 W Railroad Avenue in Independence, Louisiana, the property sits on two city lots. The seller’s remarks position it as part of the revitalization of historic main street in the area, and the two-lot site supports additional redevelopment possibilities beyond a standard single-lot improvement.
With the building already opened up and multiple major systems addressed, this property is well suited for buyers or investors looking to complete a two-unit multifamily conversion. The completed upgrades, combined with the redeveloped upstairs layout and the shell being ready for finishing, can help streamline time and scope when planning tenant-ready units.
Located at 489 W Railroad Avenue in Independence, Louisiana, the property sits on two city lots. The seller’s remarks position it as part of the revitalization of historic main street in the area, and the two-lot site supports additional redevelopment possibilities beyond a standard single-lot improvement.
With the building already opened up and multiple major systems addressed, this property is well suited for buyers or investors looking to complete a two-unit multifamily conversion. The completed upgrades, combined with the redeveloped upstairs layout and the shell being ready for finishing, can help streamline time and scope when planning tenant-ready units.
Key Highlights
- Two City Lots: Offers expanded redevelopment possibilities.
- Renovated: Featuring new windows, electrical panels, water supply line, and 10‑year roof coating.
- Redesigned Apartment Floor Plan: Enjoy the newly designed upstairs apartment layout.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hy Kwality
Hair Salon
FAQs
What type of property is this?
Duplex - Renovated two-story duplex on two city lots, with historic masonry storefront and updated systems for future occupancy.
Where is this duplex located?
The property is located at 489 W RAILROAD Avenue Independence, LA.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: Two City Lots: Offers expanded redevelopment possibilities.; Renovated: Featuring new windows, electrical panels, water supply line, and 10‑year roof coating.; Redesigned Apartment Floor Plan: Enjoy the newly designed upstairs apartment layout.
