Income-Generating Apartment
New
For Sale
$555,000
1011 WILKINSON Street, Mandeville, LA 70448
MULTI_FAMILY - Mandeville, LA
Property Size3,128 SF
Lot Size0.50 Acres
Price / SF$177.43
Days on Market3
Property Features for 1011 WILKINSON Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Not a Subdivision
Lot features
1-5 Acres
Standard status
Active
APN
43608
Size
3,128 SF
Lot size
0.50 Acres
Utilities
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1956
Floors in Building
1
Number of units
5
Roof type
Wood
Listing Agency:
Keller Williams Realty Services
(985) 727-7000
Listed By:
Lane Sheasby
(504) 290-6679
Added: Jul 28
Changed: Jul 30
Last Checked: Jul 30 at 1:06PM
MLS# 2569651
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 income-producing apartment building features five separate rental units on a half-acre lot. Each unit offers its own floor plan and layout, with similar recent updates including newer flooring and renovated kitchens. The units are described as move-in-ready and are currently leased.
Located in Mandeville, the property is positioned just minutes from the lakefront, the Causeway Bridge, and local shopping and dining.
With all units leased, the building is presented as a turnkey option for immediate rental income from an established tenant base.
Located in Mandeville, the property is positioned just minutes from the lakefront, the Causeway Bridge, and local shopping and dining.
With all units leased, the building is presented as a turnkey option for immediate rental income from an established tenant base.
Key Highlights
- Half‑acre lot with five separate rental units
- All five units are currently leased
- Move‑in‑ready units with newer flooring and renovated kitchens
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
808
Businesses Nearby
Explore this area
Business Placement
Demographics for 70448, LA
25,670
Population
10,372
Households
2.5
Avg Household Size
41
Median Age
45%
College-Educated
93%
High-School Grad
21.9 sq mi
ZIP Area
1,172
Density / Sq Mi
$88,929
Median Household Income
$50,824
Median Earnings
$1,415
Median Rent
$324,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five leased rental units on a half-acre lot with newer flooring and renovated kitchens.
Where is this apartment building located?
The property is located at 1011 WILKINSON Street Mandeville, LA.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Half‑acre lot with five separate rental units; All five units are currently leased; Move‑in‑ready units with newer flooring and renovated kitchens
