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Duplex with B4 Commercial Zoning
For Sale
$397,000

1201 GAINS AVENUE, Ruston, LA 71270

RESIDENTIAL INCOME, Ruston, LA

Property SizeContact for details
Lot Size0.49 Acres
Days on Market402

Property Features for 1201 GAINS AVENUE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description B4
Parking 11
Patio and Porch features Porch
Interior features Smoke Detector, Cable
Exterior features Paved Street
Appliances Refrigerator, Electric Range/Oven
Elementary school HILLCREST-RUSTON
Middle school RUSTON L
High school RUSTON L
Directions OFF I-20, GO SOUTH ON TECH DRIVE TURN RT ON GAINS, HOUSE ON THE LT.
Subdivision 203 RUSTON CITY SW
Standard status Active
APN 23183064008
Lot size 0.49 Acres

Taxes and HOA fees

Tax Description LOT 8 AND E. 5' OF LOT 9 OF BROOKWOOD SUBD.
Legal Description LOT 8 AND E. 5' OF LOT 9 OF BROOKWOOD SUBD.

Utilities

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

Building Details

Year built 1960
Number of units 2
Roof type Metal
Listing Agency: Coldwell Banker Group One Realty
Listed By: Pamela Tompkins
Added: Sep 19, 2025 Changed: Oct 23 Last Checked: Oct 25 at 8:06PM
MLS# 216498

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.

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Investment Insights

Based on property information with market context.

This duplex contains two residences: one with 5 bedrooms and 2 bathrooms, and another with 6 bedrooms and 2 bathrooms. The property was built in 1960 and occupies a 0.49-acre lot. Interior features include smoke detectors and cable, while a porch, metal roof, and paved street frontage are also part of the property. Heating is natural gas with central distribution; cooling is central and electric. Public water serves the site, and the appliances include a refrigerator and electric range/oven.

The property is zoned B4 Commercial and is located in Ruston, Louisiana. Combined monthly income is $2,175.

Key Highlights

  • Two residences: 5 bedrooms and 2 bathrooms in one; 6 bedrooms and 2 bathrooms in the other
  • B4 Commercial zoning
  • 0.49‑acre lot

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

192
Businesses Nearby

Demographics for 71270, LA

31,513
Population
14,238
Households
2.2
Avg Household Size
32
Median Age
40%
College-Educated
89%
High-School Grad
206.9 sq mi
ZIP Area
152
Density / Sq Mi
$37,599
Median Household Income
$23,883
Median Earnings
$819
Median Rent
$218,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Two separate residences offer a total of 11 bedrooms, with central heating and air conditioning in both units.
Where is this duplex located?
The property is located at 1201 GAINS AVENUE Ruston, LA.
What is the asking price?
The asking price for this property is $397,000.
What are key features of this property?
This property features: Two residences: 5 bedrooms and 2 bathrooms in one; 6 bedrooms and 2 bathrooms in the other; B4 Commercial zoning; 0.49‑acre lot
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