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Two-Unit Residential Income Building
For Sale
Contact for pricing
Pending

485 W Railroad Ave, Independence, LA 70443

Two-unit, two-story property with a new roof and interior gutted for easier redevelopment.

Property SizeContact for details
Days on Market149

Property Features for 485 W Railroad Ave

General Information

Standard status Pending
Property subtype Special Purpose

Additional Details

Multifamily Units 2

Building Details

Stories 2
Listing Agency: CENTURY 21 Classic
Listed By: PAT Tucker · License #LA
Source: Crexi
Added: Apr 12 Changed: Aug 16 Last Checked: Sep 5 at 9:55PM

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 CENTURY 21 Classic

Investment Insights

Based on property information with market context.

This two-story residential income building features two separate apartment units, with one unit located upstairs. The property has a new roof, and the interior has been gutted to make it easier for a new owner to reposition the space.

The building is offered for sale at 485 W Railroad Ave in Independence, Louisiana.

With its two-apartment layout and updated exterior roofing, this property offers a straightforward configuration for an owner looking to renovate the interiors and complete the units to their preferred finishes.

Key Highlights

  • Two‑story building with a new roof
  • Inside has been gutted, making it easier for new owner redevelopment
  • Includes 2 apartments upstairs

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Locksmith Furniture & Home Goods Bakery Butcher

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby

Demographics for 70443, LA

10,229
Population
3,321
Households
3.1
Avg Household Size
38
Median Age
18%
College-Educated
74%
High-School Grad
76.2 sq mi
ZIP Area
134
Density / Sq Mi
$59,333
Median Household Income
$36,242
Median Earnings
$953
Median Rent
$145,700
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?
Duplex - Two-unit, two-story property with a new roof and interior gutted for easier redevelopment.
Where is this duplex located?
The property is located at 485 W Railroad Ave Independence, LA.
What are key features of this property?
This property features: Two‑story building with a new roof; Inside has been gutted, making it easier for new owner redevelopment; Includes 2 apartments upstairs
More about this property
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