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4-Unit Brick Quadplex
For Sale
$325,000

2027 JACKSON Street, Alexandria, LA 71301

Multifamily, Alexandria, LA

Property Size3,315 SF
Price / SF$98.04
Days on Market382

Property Features for 2027 JACKSON Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2
Parking 3
Parking features Off Street
Lot features Corner Lot
Directions CORNER OF JACKSON AND 21ST ST
Subdivision 100 Rapides, Alex Side
Standard status Active
APN 2403800200010801
Size 3,315 SF

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description LOT FRONTING 100' ON JACKSON AND 81' ON 21ST ST
Legal Description LOT FRONTING 100' ON JACKSON AND 81' ON 21ST ST

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1960
Number of units 4
Flooring type Wood
Building materials Brick
Listing Agency: STEVEN SEALE PROPERTIES, LLC
Listed By: Steven Seale · License #0912124868
Added: Oct 13, 2025 Changed: Oct 23 Last Checked: Oct 29 at 3:06AM
MLS# 2526296

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 3,315-square-foot quadplex contains four apartments: two with one bedroom and two with two bedrooms. Built in 1960, the brick building has wood flooring, central heating and central air conditioning. The property is fully occupied and has off-street parking.

Public water and sewer serve the property, and natural gas is available.

Key Highlights

  • Four apartments: two one‑bedroom units and two two‑bedroom units
  • 3,315 square feet in a brick building
  • Fully occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,730
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,600 $554.6K
Cap Rate 7%
$396,143 $396.1K
Cap Rate 9%
$308,111 $308.1K
Market Conditions
NOI Build-Up for 3,315 SF
Gross rent
$43.4K $13.08/SF
− Vacancy
−$3.7K −$1.13/SF
EGI
$39.6K $11.95/SF
− OpEx
−$11.9K −$3.58/SF
NOI
$27.7K $8.36/SF
Area
Rapides County, LA
Vacancy
8.64%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,600
Cap Rate 7%
$396,143
Cap Rate 9%
$308,111

Alternative Uses

Best Use
Multifamily LT 5
$396.1K
$346.6K – $462.2K (±1% cap)
NOI $27,730 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$352.3K
$308.3K – $411.0K (±1% cap)
NOI $24,661 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$913.8K
$799.6K – $1.07M (±1% cap)
NOI $63,966 @ 7.0% cap · market cap 19.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

508
Businesses Nearby

Demographics for 71301, LA

20,454
Population
9,173
Households
2.2
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
12.5 sq mi
ZIP Area
1,636
Density / Sq Mi
$44,330
Median Household Income
$31,233
Median Earnings
$919
Median Rent
$156,700
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?
Quadplex - The occupied property combines two one-bedroom apartments with two two-bedroom apartments.
Where is this quadplex located?
The property is located at 2027 JACKSON Street Alexandria, LA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four apartments: two one‑bedroom units and two two‑bedroom units; 3,315 square feet in a brick building; Fully occupied
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