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    508 N Louise St Atlanta, TX 75551

    For Sale
    $229,900

    MULTI_FAMILY - Atlanta, TX

    Property size:
    4,644 SF
    Days on Market:
    113
    Last Refresh:
    Dec 10 at 7:06 am

    Property Features for 508 N Louise St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 3, Bedroom 6, Bathroom 4, Bedroom 1
    Bedrooms
    6
    Bathrooms
    4
    Parking features
    Carport
    Appliances
    Refrigerator, Oven, Range
    Size
    4,644 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1952
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Plank, Tile - Ceramic, Vinyl
    Building materials
    Brick
    Roof type
    Composition

    MLM Real Estate

    Listing agent Montana Whatley (903) 650-1103

    Listing date Aug 20, 2025

    Copyright © 2025 Texarkana 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.

    Overview

    Turnkey Atlanta Multifamily Investment

    This offering presents an investment opportunity consisting of two fully occupied duplexes located in Atlanta, Texas, at 508 N Louise St and 510 N Louise St. Each duplex contains one unit with 1 bedroom and 1 bathroom, and another unit with 2 bedrooms and 1 bathroom. All units feature central HVAC. Parking is provided via a two-car carport, accompanied by attached storage buildings. Tenants are responsible for all utilities, including gas, electric, water, and sewer. The property at 508 N Louise St benefits from a new roof installed in 2024, and both units at this location have been remodeled within the last year. Each unit is equipped with a range/oven, refrigerator, and washer and dryer. At 510 N Louise, both units include a range/oven and refrigerator, along with washer and dryer connections. With all four units currently leased, this property represents a turnkey investment with immediate rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Cass
    State
    Texas
    Longitude
    -94.165594
    Latitude
    33.1211648

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    FAQs

    What type of property is this?
    Quadplex - Two fully occupied duplexes, immediate rental income, remodeled units.
    Where is this quadplex located?
    The property is located at 508 N Louise St Atlanta, TX.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: - Turnkey investment with immediate rental income from four currently leased units.; - Two duplexes offered together, providing a diversified rental income stream.; - Each unit equipped with essential appliances: range/oven, refrigerator, and washer/dryer (or connections).
    (903) 650-1103
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    508 N Louise St Atlanta, TX 75551
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