Multi-Family Rental
827 HIGHWAY 850 Grayson, LA 71435
For Sale
$550,000
MULTI_FAMILY - Grayson, LA
Lot Size1.00 Acre
Days on Market318
Property Features for 827 HIGHWAY 850
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Patio and Porch features
- Porch
- Interior features
- Ceiling Fan(s)
- Fireplace
- 1
- Appliances
- Dishwasher, Gas Range/Oven, Washer/Dryer Connect
- Standard status
- Active
- APN
- 32023705
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Description
- see associated docs
Utilities
- Heating system
- Natural Gas, Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Listing Agency:
Harrison Lilly
(318) 667-8458
Listed By:
Harrison Lilly · License #0995692997
(318) 732-6030
Added: Sep 11, 2025
Changed: Jul 22
Last Checked: Jul 25 at 2:06PM
MLS# 216387
Copyright © 2026 Northeast Louisiana 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 multi-family rental portfolio includes a mix of single-family homes, manufactured homes, and developed RV lots, with current gross monthly income reported at over $6,000. Several homes include on-site storage or carport features, and one property includes outside storage in addition to a carport.
The portfolio’s components include 827 & 831 Highway 850 in Grayson, where two homes sit on roughly 1 acre and each is renting for $800/month. In Clarks, 156 Magnolia Dr is a 2004 Legend Tradition double-wide (3 BR/2 BA) on about 1/2 acre renting for $650/month, and 122 Sixth St is a two-story 3 BR/2 BA home renting for $700/month. Also in Grayson, 550 Highway 850 is a single-story brick home (3 BR/2 BA, approx.) with a single-car carport renting for $875/month, and 6765 Highway 126 W is a 3 BR/2 BA wood-frame home with carport and outside storage renting for $850/month. In Columbia, 660 Rodeo Rd is a 2017 Clayton mobile home (3 BR/2 BA) renting for $885/month and 114 Ray St is a 2020 Cappaert Big Foot mobile home (3 BR/2 BA) renting for $800/month. The portfolio also includes 116 Ray St with two developed RV lots, one currently rented for $500/month.
The portfolio’s components include 827 & 831 Highway 850 in Grayson, where two homes sit on roughly 1 acre and each is renting for $800/month. In Clarks, 156 Magnolia Dr is a 2004 Legend Tradition double-wide (3 BR/2 BA) on about 1/2 acre renting for $650/month, and 122 Sixth St is a two-story 3 BR/2 BA home renting for $700/month. Also in Grayson, 550 Highway 850 is a single-story brick home (3 BR/2 BA, approx.) with a single-car carport renting for $875/month, and 6765 Highway 126 W is a 3 BR/2 BA wood-frame home with carport and outside storage renting for $850/month. In Columbia, 660 Rodeo Rd is a 2017 Clayton mobile home (3 BR/2 BA) renting for $885/month and 114 Ray St is a 2020 Cappaert Big Foot mobile home (3 BR/2 BA) renting for $800/month. The portfolio also includes 116 Ray St with two developed RV lots, one currently rented for $500/month.
Key Highlights
- Portfolio includes a mix of single‑family homes, manufactured homes, and RV lots
- Current gross monthly income over $6,000 with room for future growth
- Two homes at 827 & 831 Hwy 850, Grayson: each rents for $800/month on roughly 1 acre
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Multiple single-family homes, manufactured homes, and RV lots generate over $6,000 in current gross monthly income.
Where is this single family property located?
The property is located at 827 HIGHWAY 850 Grayson, LA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Portfolio includes a mix of single‑family homes, manufactured homes, and RV lots; Current gross monthly income over $6,000 with room for future growth; Two homes at 827 & 831 Hwy 850, Grayson: each rents for $800/month on roughly 1 acre
