Historic Two-Unit
For Sale
$109,000
489 W RAILROAD Avenue, Independence, LA 70443
Multi-Family, Traditional, Independence, LA
Property Size2,270 SF
Price / SF$48.02
Days on Market186
Property Features for 489 W RAILROAD Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Off Street
Exterior features
Balcony
Subdivision
Not a Subdivision
Lot features
Oversized
Standard status
Active
APN
0INDY00000805
Size
2,270 SF
Taxes and HOA fees
Tax Description
LOTS 30 & 34 SQ 24 INDEPENDENCE
Legal 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
Metal, Membrane
Architectural style
Other
Listing Agency:
Keller Williams Realty Services
(985) 727-7000
Listed By:
Bart Gillis
(504) 915-1961
Added: Mar 9
Changed: Aug 20
Last Checked: Sep 10 at 3:06AM
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.
Built in 1915, this 2,270-square-foot masonry property is arranged across two levels of approximately 1,135 square feet each. The building has been gutted and includes a reworked apartment layout on the upper floor, with renovations to the windows, electrical panels, water supply line, roof coating, and insulation beneath the roof decking. A balcony and off-street parking add functional features to the existing structure.
The property occupies two city lots and is located at 489 W Railroad Avenue in Independence, Louisiana. Public water serves the site, and the roofing includes metal and membrane components. Its storefront construction and two-level configuration provide a distinctive setting for the planned residential layout.
The property occupies two city lots and is located at 489 W Railroad Avenue in Independence, Louisiana. Public water serves the site, and the roofing includes metal and membrane components. Its storefront construction and two-level configuration provide a distinctive setting for the planned residential layout.
Key Highlights
- 2,270 SF masonry building constructed in 1915
- Two city lots included with the property
- Approximately 1,135 SF of living area on each floor
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
Explore this area
Business Placement
Demographics for 70443, LA
10,229
Population
3,321
Households
3.1
Avg Household Size
38
Median Age
18%
College-Educated
74%
High-School Grad
76.2 sq mi
ZIP Area
134
Density / Sq Mi
$59,333
Median Household Income
$36,242
Median Earnings
$953
Median Rent
$145,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Masonry property with updated systems, an upstairs apartment layout, balcony, and off-street parking.
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: 2,270 SF masonry building constructed in 1915; Two city lots included with the property; Approximately 1,135 SF of living area on each floor
