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16-Unit Apartment Building
For Sale
$780,000
Pending

405 Gertrude St, Abbeville, LA 70510

Well-maintained multifamily property with a balanced one- and two-bedroom unit mix in a residential Abbeville setting.

Property Size1,760 SF
Days on Market72

Property Features for 405 Gertrude St

General Information

Standard status Pending
Size 1,760 SF
Property subtype Residential Income
Listing Agency: BG Realty & Management, LLC
Listed By: Buddy Glass · License #995713291
Source: Exprealty
Added: Jun 22 Changed: Aug 21 Last Checked: Aug 30 at 8:45PM

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 BG Realty & Management, LLC

Investment Insights

Based on property information with market context.

LeBlanc Place Apartments is a 16-unit multifamily property with eight one-bedroom residences measuring 660 square feet and eight two-bedroom residences measuring 1,067 square feet. The buildings feature brick and Hardiplank exteriors, shingle roofs, powder-coated metal stairs, and concrete second-story balconies. Interior finishes include luxury vinyl plank and carpet flooring, Formica countertops, and kitchens equipped with refrigerators, stoves, and dishwashers. Parking is available for residents, and water/sewer reimbursements provide an additional income source.

The property is located at 405 Gertrude St in Abbeville, across from JH Williams Middle School and within a residential neighborhood. Parks, shopping centers, and restaurants are identified as nearby amenities. Occupancy is currently 100%, with a historical average exceeding 95%.

Key Highlights

  • 16‑unit apartment complex with 8 one‑bedroom and 8 two‑bedroom units
  • Unit sizes include 660 sq ft for one‑bedroom units and 1,067 sq ft for two‑bedroom units
  • Brick and Hardiplank construction with shingle roofing

Property Analytics

Current Use

Leblanc Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Parking Lot & Garage Skin Care Clinic Bakery HVAC Service

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

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

Demographics for 70510, LA

24,074
Population
11,603
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
82%
High-School Grad
233.0 sq mi
ZIP Area
103
Density / Sq Mi
$50,881
Median Household Income
$37,079
Median Earnings
$789
Median Rent
$150,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Well-maintained multifamily property with a balanced one- and two-bedroom unit mix in a residential Abbeville setting.
Where is this apartment building located?
The property is located at 405 Gertrude St Abbeville, LA.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 16‑unit apartment complex with 8 one‑bedroom and 8 two‑bedroom units; Unit sizes include 660 sq ft for one‑bedroom units and 1,067 sq ft for two‑bedroom units; Brick and Hardiplank construction with shingle roofing
More about this property
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