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

405 N Gertrude Street, Abbeville, LA 70510

MULTI_FAMILY - Abbeville, LA

Property Size13,895 SF
Lot Size0.62 Acres
Days on Market49

Property Features for 405 N Gertrude Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Full bathrooms 2
Rooms Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1
Parking 20
Parking features Assigned
Exterior features Balcony, Balcony
Appliances Refrigerator
Subdivision Hartwell Addition
Lot features Landscaped
Elementary school Eaton Park
Middle school J H Williams
High school Abbeville
Elementary school district Vermillion Parish
Middle school district Vermillion Parish
High school district Vermillion Parish
Directions From Hwy 167 South, enter Abbeville and turn left onto the Hwy 14 Bypass. Turn right on Lyman St, then left on Graceland Ave. Turn right onto N. Gertrude St. 405 N. Gertrude will be on your left.
Standard status Pending
APN Ra184455
Size 13,895 SF
Lot size 0.62 Acres

Taxes and HOA fees

Tax Description LOTS 8, 9, 10, 11 HARTWELL ADD. 2017007787 IMP
Legal Description LOTS 8, 9, 10, 11 HARTWELL ADD. 2017007787 IMP

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Floors in Building 2
Number of units 16
Building materials Brick
Roof type Composition
Listing Agency: BG Realty & Management, LLC
Listed By: Buddy Glass · License #995713291
Added: Jun 22 Changed: Jul 24 Last Checked: Aug 9 at 12:06AM
MLS# 2600005616

Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 16-unit apartment complex offers a mix of eight one-bedroom units and eight two-bedroom units. The building features brick and Hardiplank exterior construction, shingle roofing, powder-coated metal stairs, and concrete balconies on the second story. Inside, units include a combination of luxury vinyl plank flooring and carpet, with Formica countertops. Each unit is equipped with a refrigerator, stove, and dishwasher.

The property is located at 405 N Gertrude Street in Abbeville, Vermilion Parish. It is situated in a residential neighborhood across from JH Williams Middle School, with ample parking available for residents.

As currently operated, the property reports 100% occupancy, with a historical average exceeding 95%. Current rents range from $585 to $685, and monthly occupied rent is reported at $9,985. Additional income is available through water/sewer reimbursements, and reported operating expenses include utilities averaging $800 per month, pest control at $170 per month, and lawn care.

Key Highlights

  • 16‑unit apartment complex in Abbeville with brick construction and composition roof
  • Unit mix: 8 one‑bedroom (660 SF) and 8 two‑bedroom (1067 SF)
  • Current rents range from $585 to $685, with monthly occupied rent of $9,985

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.

Lease Details

16
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

364
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained brick and Hardiplank 16-unit property with one- and two-bedroom units and on-site parking.
Where is this apartment building located?
The property is located at 405 N Gertrude Street 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 in Abbeville with brick construction and composition roof; Unit mix: 8 one‑bedroom (660 SF) and 8 two‑bedroom (1067 SF); Current rents range from $585 to $685, with monthly occupied rent of $9,985
More about this property
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