Multifamily Property with Storage
For Sale
$799,000
4198 HIGHWAY 1, Raceland, LA 70374
Multifamily, Raceland, LA
Property SizeContact for details
Lot Size24.00 Acres
Days on Market606
Property Features for 4198 HIGHWAY 1
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
11
Full bathrooms
7
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 11, Bathroom 1, Bedroom 10, Bathroom 7, Bedroom 4, Bedroom 6, Bathroom 6, Bathroom 4, Bathroom 5, Bedroom 8, Bedroom 5, Bedroom 7, Bedroom 2, Bathroom 8, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 9
Parking
24
Appliances
Gas Cooktop, Gas Cooktop
Subdivision
Not a Subdivision
Elementary school district
Lafourche Parish
Middle school district
Lafourche Parish
High school district
Lafourche Parish
Standard status
Active
APN
0031152400
Lot size
24.00 Acres
Additional Details
Tenant in Place
Yes
Property Use
Multifamily
Taxes and HOA fees
Tax Description
TRACT (3/4 ARP. X 40 ARPS.) ON RB, 16 MI. BELOW THIB.; FRONT BY LA. HWY. #1; ABOVE BY WALLACE PLAISANCE; BELOW BY JAMES GAUDET; REAR BY 40 ARP. LINE. (570-218) (759-248) (1087-75)(1325-799) (LESS 275' X 120' SOLD)(LESS 215' X 120' SOLD)(1228-185)(1217-364
Legal Description
TRACT (3/4 ARP. X 40 ARPS.) ON RB, 16 MI. BELOW THIB.; FRONT BY LA. HWY. #1; ABOVE BY WALLACE PLAISANCE; BELOW BY JAMES GAUDET; REAR BY 40 ARP. LINE. (570-218) (759-248) (1087-75)(1325-799) (LESS 275' X 120' SOLD)(LESS 215' X 120' SOLD)(1228-185)(1217-364
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
1980
Number of units
9
Building materials
Aluminum Siding, Block, Brick, Metal Siding, Vinyl Siding
Listing Agency:
KELLER WILLIAMS REALTY BAYOU P
Listed By:
Lisa Braud · License #995691888
(985) 262-4400
Added: Feb 25, 2025
Changed: Oct 23
Last Checked: Oct 24 at 2:06PM
MLS# 2025003476
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 24-acre multifamily property includes a main house, additional rental homes, a 5,000-square-foot pavilion, and a 2,200-square-foot shop. The pavilion and shop are used for motorhome storage. Two offices are attached to the house: one measures 15 by 16 feet and includes a full bath, while the other measures 14 by 16 feet.
One acre is leased to a storage company. The property also includes rear acreage described for farming potential.
One acre is leased to a storage company. The property also includes rear acreage described for farming potential.
Key Highlights
- 24‑acre multifamily property
- Includes a main house and additional rental homes
- 5,000‑square‑foot pavilion and 2,200‑square‑foot shop used for motorhome storage
Property Analytics
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Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - The property combines residential rentals with storage buildings and office space across a 24-acre site.
Where is this apartment building located?
The property is located at 4198 HIGHWAY 1 Raceland, LA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 24‑acre multifamily property; Includes a main house and additional rental homes; 5,000‑square‑foot pavilion and 2,200‑square‑foot shop used for motorhome storage
