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Income-Producing Multifamily Property

46037 204-207 Rufus Bankston Road, Hammond, LA 70401

For Sale
$255,000

The property offers an income-producing residential asset in Hammond.

Property Size4,352 SF
Price / SF$58.59
Days on Market248

Property Features for 46037 204-207 Rufus Bankston Road

General Information

Standard status Active
Size 4,352 SF
Property subtype Multi Family Home

Additional Details

Highway Access Yes

Building Details

Building Size 4,352 SF
Year Built 1980
Units 4
Listing Agency: Kaizen Home Sales and Services
Listed By: Niles A Bollinger · License #995682409
Source: Donaldjulienrealestate
Added: Mar 7 Changed: Nov 8 Last Checked: Nov 8 at 4:58PM

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 Kaizen Home Sales and Services

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Investment Insights

Based on property information with market context.

This Hammond multifamily property contains 4,352 square feet and dates to 1980. It is described as an income-producing asset.

The property is within minutes of Southeastern Louisiana University, downtown Hammond, shopping, restaurants, hospitals, and Interstate 55.

Key Highlights

  • 4,352‑square‑foot multifamily property
  • Built in 1980
  • Within minutes of Southeastern Louisiana University, downtown Hammond, shopping, restaurants, hospitals, and Interstate 55

Property Analytics

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Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 70401, LA

21,014
Population
10,321
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
88%
High-School Grad
34.7 sq mi
ZIP Area
606
Density / Sq Mi
$50,995
Median Household Income
$31,405
Median Earnings
$977
Median Rent
$226,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Hammond, LA

$277 Jul
$140 Aug
$134 Sep
$139 Oct

Properties on Market for Multifamily properties in Hammond

Jul
Aug
Sep
Oct

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?
Multifamily property - The property offers an income-producing residential asset in Hammond.
Where is this multifamily property located?
The property is located at 46037 204-207 Rufus Bankston Road Hammond, LA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 4,352‑square‑foot multifamily property; Built in 1980; Within minutes of Southeastern Louisiana University, downtown Hammond, shopping, restaurants, hospitals, and Interstate 55
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