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8-Unit Apartment Building
For Sale
$425,000

399 N Carol St, Lockport, LA 70374

Fully leased multifamily property with eight one-bedroom, one-bath residences and a solid block exterior.

Property Size407,936 SF
Price / SF$1.04
Days on Market724

Property Features for 399 N Carol St

General Information

Standard status Active
Size 407,936 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8

Building Details

Construction solid block
Listing Agency: KELLER WILLIAMS REALTY BAYOU P
Listed By: Heather Abadie · License #995695956
Source: Exprealty
Added: Aug 29, 2024 Changed: Aug 20 Last Checked: Aug 21 at 1:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY BAYOU P

Investment Insights

Based on property information with market context.

This multifamily property contains 8 individual apartments, each configured with 1 bedroom and 1 bathroom. The building has a solid block exterior, providing a straightforward physical profile for an apartment investment asset.

All units are currently rented, and the property is located in Lockport near shops, restaurants, and schools. The asset is positioned on N Carol St within a central Lockport setting.

Key Highlights

  • 8 individual apartment units
  • Each residence includes 1 bedroom and 1 bathroom
  • All units are currently rented

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Grocery & Convenience Store Law Firm Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby

Demographics for 70374, LA

6,699
Population
2,724
Households
2.5
Avg Household Size
42
Median Age
13%
College-Educated
79%
High-School Grad
44.1 sq mi
ZIP Area
152
Density / Sq Mi
$69,896
Median Household Income
$43,478
Median Earnings
$984
Median Rent
$190,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased multifamily property with eight one-bedroom, one-bath residences and a solid block exterior.
Where is this apartment building located?
The property is located at 399 N Carol St Lockport, LA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 8 individual apartment units; Each residence includes 1 bedroom and 1 bathroom; All units are currently rented
More about this property
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