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6-Unit Apartment Building
For Sale
$950,000

29050 South Magnolia Street, Livingston, LA 70754

Three recently built duplexes offer updated finishes, private utility rooms, and central air conditioning.

Property Size950 SF
Price / SF$1,000
Days on Market165

Property Features for 29050 South Magnolia Street

General Information

Standard status Active
Size 950 SF
Property subtype MULTI FAMILY FOR SALE / Townhouse
Occupancy 100%

Units

Unit Mix 6 x 2BR/2BA
Multifamily Units 6

Amenities

indoor utility room
Central Air
Central
1
12
inside
Asphalt
Slab: Traditional
Brick, HardiPlank Type

Building Details

Year Built 2022
Buildings 3
Construction Brick and Hardie
Listing Agency: REMAX ALLIANCE
Listed By: Lesley Troncoso · License #000004981
Source: Compass
Added: Mar 20 Changed: Aug 30 Last Checked: Aug 31 at 12:08AM

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 REMAX ALLIANCE

Investment Insights

Based on property information with market context.

This multifamily property contains six apartments arranged as three two-bedroom, two-bath duplexes. Completed in 2022, the buildings feature brick and Hardie exteriors, laminate flooring, granite countertops, wood cabinetry, and stainless steel appliances, including refrigerators. Each residence also includes an indoor utility room, while central air and central heat serve the units.

The property is fully leased, and tenants pay their own utilities. A public park is located within one mile, and the site is identified as Flood Zone X. The improvements are positioned at 29050 South Magnolia Street in Livingston, Louisiana.

Key Highlights

  • Six apartments configured as three 2BR/2BA duplexes
  • Built in 2022 and fully leased
  • Brick and Hardie exterior construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods Big Box & Wholesale Store HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 70754, LA

11,966
Population
4,743
Households
2.5
Avg Household Size
37
Median Age
12%
College-Educated
86%
High-School Grad
127.3 sq mi
ZIP Area
94
Density / Sq Mi
$65,122
Median Household Income
$49,164
Median Earnings
$1,113
Median Rent
$181,200
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 - Three recently built duplexes offer updated finishes, private utility rooms, and central air conditioning.
Where is this apartment building located?
The property is located at 29050 South Magnolia Street Livingston, LA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Six apartments configured as three 2BR/2BA duplexes; Built in 2022 and fully leased; Brick and Hardie exterior construction
More about this property
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