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8-Unit Brick Apartment Property

46458 N CHERRY Street, Hammond, LA 70401

For Sale
$650,000

Two residential buildings provide occupied rental units with on-site parking.

Property SizeContact for details
Days on Market58

Property Features for 46458 N CHERRY Street

General Information

Standard status Active
Property subtype Quadruplex
Occupancy 100%

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8

Additional Details

Tenant in Place Yes

Building Details

Year Built 1983
Buildings 2
Construction brick
Listing Agency: Drude Rental Management
Listed By: Kenneth Barnes · License LA #995686961
Source: Geauxsouthrealty
Added: Sep 17 Changed: Nov 13 Last Checked: Nov 12 at 4:01PM

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 Drude Rental Management

Rey
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Investment Insights

Based on property information with market context.

This Hammond apartment property comprises two four-unit buildings built in 1983. The eight apartments each measure approximately 850 square feet and contain two bedrooms and one bathroom. Brick exteriors and on-site parking are among the property’s physical features.

All eight units are occupied. The property is located at 46458 N Cherry Street in Hammond, Louisiana.

Key Highlights

  • Eight apartments across two four‑unit buildings
  • All units are occupied
  • Each apartment is approximately 850 square feet with 2 bedrooms and 1 bathroom

Property Analytics

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Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

22
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

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?
Apartment building - Two residential buildings provide occupied rental units with on-site parking.
Where is this apartment building located?
The property is located at 46458 N CHERRY Street Hammond, LA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Eight apartments across two four‑unit buildings; All units are occupied; Each apartment is approximately 850 square feet with 2 bedrooms and 1 bathroom
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