12-Unit Multifamily
For Sale
$1,600,000
1300 S RANGE Road, Hammond, LA 70403
Multifamily, Hammond, LA
Property Size11,784 SF
Lot Size0.84 Acres
Price / SF$135.78
Days on Market171
Property Features for 1300 S RANGE Road
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
24
Bathrooms
24
Full bathrooms
24
Rooms
Bathroom 22, Bathroom 23, Bedroom 9, Bathroom 2, Bathroom 4, Bathroom 6, Bedroom 21, Bedroom 14, Bedroom 16, Bedroom 7, Bedroom 1, Bedroom 19, Bathroom 12, Bathroom 8, Bedroom 5, Bathroom 15, Bathroom 5, Bathroom 7, Bedroom 11, Bedroom 23, Bathroom 20, Bathroom 16, Bathroom 21, Bedroom 20, Bedroom 17, Bedroom 24, Bedroom 15, Bathroom 10, Bathroom 13, Bathroom 18, Bathroom 3, Bathroom 19, Bathroom 24, Bedroom 12, Bedroom 22, Bedroom 3, Bathroom 1, Bathroom 9, Bedroom 4, Bedroom 10, Bedroom 8, Bathroom 14, Bathroom 17, Bedroom 13, Bedroom 2, Bedroom 6, Bedroom 18, Bathroom 11
Parking
3
Parking features
Parking Lot
Patio and Porch features
Porch
Subdivision
Not a Subdivision
Lot features
Corner Lot
Directions
From Hwy 190 go South on South Range Road, Property approx .9 miles on right
Standard status
Active
APN
6157750
Size
11,784 SF
Lot size
0.84 Acres
Taxes and HOA fees
Tax Description
T6S-R7E-SEC25
Legal Description
T6S-R7E-SEC25
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
private storage room
gutters
stucco-accented front porches
private dumpster
washer-dryer in each unit
stove
microwave
dishwasher
refrigerator
open floor plan
high speed internet available
Building Details
Year built
2004
Number of units
12
Building materials
Brick, Stucco
Architectural style
Other
Buildings
4
Listing Agency:
Florida Parishes Realty, L.L.C. · Realty Executives International
(985) 956-7477
Listed By:
Sam N DiVittorio · License #995688138
(985) 320-0263
Added: May 6
Changed: Oct 23
Last Checked: Oct 23 at 7:06PM
MLS# 2556481
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 11,784-square-foot complex contains 12 residences across two four-unit buildings and two duplexes, arranged on four lots totaling 0.84 acres. Each apartment has two bedrooms and two bathrooms, an open layout, a back patio with a private storage room, and a washer-dryer laundry room. Kitchens include a stove, microwave, dishwasher, and refrigerator. Brick construction, stucco accents, porches, central heating and air conditioning, and a fenced concrete parking area with green space complete the property. The complex was built in 2004.
The property is within walking distance of downtown Hammond, less than 2 miles from Hammond Square Mall and I-12 access, and 2.3 miles from SLU. Public water and sewer serve the buildings; the units are all-electric. The site is in Flood Zone X.
The property is within walking distance of downtown Hammond, less than 2 miles from Hammond Square Mall and I-12 access, and 2.3 miles from SLU. Public water and sewer serve the buildings; the units are all-electric. The site is in Flood Zone X.
Key Highlights
- 12 units across two four‑plex buildings and two duplexes on four lots
- 11,784 square feet on 0.84 acres; built in 2004
- Each apartment has 2 bedrooms, 2 bathrooms, a patio, private storage, and a washer‑dryer laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,060
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,541,200
$1.5M
Cap Rate 7%
$1,100,857
$1.1M
Cap Rate 9%
$856,222
$856.2K
Market Conditions
NOI Build-Up for 11,784 SF
Gross rent
$154.1K $13.08/SF
− Vacancy
−$14.0K −$1.19/SF
EGI
$140.1K $11.89/SF
− OpEx
−$63.0K −$5.35/SF
NOI
$77.1K $6.54/SF
Area
Tangipahoa County, LA
Vacancy
9.10%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,541,200
Cap Rate 7%
$1,100,857
Cap Rate 9%
$856,222
Alternative Uses
Best Use
Apartment 5plus
$1.10M
$963.3K – $1.28M
NOI $77,060 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.25M
$2.84M – $3.79M
NOI $227,391 @ 7.0% cap · market cap 14.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
12
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Explore this area
Business Placement
Demographics for 70403, LA
29,737
Population
13,577
Households
2.2
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
42.3 sq mi
ZIP Area
703
Density / Sq Mi
$50,547
Median Household Income
$32,603
Median Earnings
$992
Median Rent
$207,600
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
Frequently Asked Questions
What type of property is this?
Multifamily property - Four buildings on separate lots offer two-bedroom, two-bath residences with private storage and in-unit laundry rooms.
Where is this multifamily property located?
The property is located at 1300 S RANGE Road Hammond, LA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 12 units across two four‑plex buildings and two duplexes on four lots; 11,784 square feet on 0.84 acres; built in 2004; Each apartment has 2 bedrooms, 2 bathrooms, a patio, private storage, and a washer‑dryer laundry room
