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5-Unit Apartment Building
For Sale
$555,000

1011 WILKINSON Street, Mandeville, LA 70448

Commercial Sale, Mandeville, LA

Property Size3,128 SF
Lot Size0.50 Acres
Price / SF$177.43
Days on Market91

Property Features for 1011 WILKINSON Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot
Directions From Mandeville HWY 190, turn North onto Wilkinson St. One block up, property is on the Right.
Standard status Active
APN 43608
Size 3,128 SF
Lot size 0.50 Acres

Additional Details

Tenant in Place Yes

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1956
Floors in Building 1
Building materials Metal Siding
Roof type Wood
Listing Agency: Keller Williams Realty Serv.
Listed By: Lane Thomas Sheasby · License #995720040
Added: Jul 28 Changed: Oct 23 Last Checked: Oct 26 at 3:06AM
MLS# 2569651

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This five-unit apartment property contains 3,128 square feet on a 0.5-acre lot. Built in 1956, the building has metal siding, window-unit cooling, and a parking lot. The units have distinct floor plans, with renovated kitchens and newer flooring. All five units are currently leased.

Public water and sewer serve the property. Listing photographs were taken before the units were occupied.

Key Highlights

  • Five rental units, all currently leased
  • 3,128‑square‑foot building on a 0.5‑acre lot
  • Renovated kitchens and newer flooring across units with distinct layouts

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

699
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five distinct unit layouts include renovated kitchens and newer flooring.
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: Five rental units, all currently leased; 3,128‑square‑foot building on a 0.5‑acre lot; Renovated kitchens and newer flooring across units with distinct layouts
More about this property
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