Duplex with Central
For Sale
$63,000
495/497 Oneal Chube Street, Franklin, LA 70538
Interior features include a gas range, microwave and refrigerator.
Property Size1,092 SF
Days on Market152
Property Features for 495/497 Oneal Chube Street
General Information
Standard status
Active
Size
1,092 SF
Total Parking Spaces
2
Property subtype
Residential Income
Amenities
Central Air, Multi Units
Central
Gas Range, Microwave, Refrigerator
Assigned
Building Details
Building Size
1,092 SF
Listing Agency:
Reign Realty
Listed By:
Ken'Yonna Ford
(337) 540-5680
Source:
Evrealestate
Added: May 27
Changed: Oct 25
Last Checked: Oct 25 at 2:40AM
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 Reign Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex at 495/497 Oneal Chube Street in Franklin has central air listed for multiple units. Interior features also include a gas range, microwave and refrigerator.
Key Highlights
- Duplex property at 495/497 Oneal Chube Street, Franklin, LA 70538
- Central air conditioning listed for multiple units
- Interior includes a gas range, microwave and refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,710
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,200
$114.2K
Cap Rate 7%
$81,571
$81.6K
Cap Rate 9%
$63,444
$63.4K
Market Conditions
NOI Build-Up for 1,092 SF
Gross rent
$11.1K $10.20/SF
− Vacancy
−$757 −$0.69/SF
EGI
$10.4K $9.51/SF
− OpEx
−$4.7K −$4.28/SF
NOI
$5.7K $5.23/SF
Area
St. Mary County, LA
Vacancy
6.80%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,200
Cap Rate 7%
$81,571
Cap Rate 9%
$63,444
Alternative Uses
Best Use
Multifamily LT 5
$90.9K
$79.6K – $106.1K
NOI $6,364 @ 7.0% cap · market cap 10.10%
Second Best
Apartment 5plus
$81.6K
$71.4K – $95.2K
NOI $5,710 @ 7.0% cap · market cap 9.06%
Theoretical Best
Office A
$186.3K
$163.0K – $217.4K
NOI $13,042 @ 7.0% cap · market cap 20.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Explore this area
Business Placement
Demographics for 70538, LA
12,604
Population
6,428
Households
2
Avg Household Size
42
Median Age
14%
College-Educated
85%
High-School Grad
229.9 sq mi
ZIP Area
55
Density / Sq Mi
$55,662
Median Household Income
$36,436
Median Earnings
$860
Median Rent
$109,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Interior features include a gas range, microwave and refrigerator.
Where is this duplex located?
The property is located at 495/497 Oneal Chube Street Franklin, LA.
What is the asking price?
The asking price for this property is $63,000.
What are key features of this property?
This property features: Duplex property at 495/497 Oneal Chube Street, Franklin, LA 70538; Central air conditioning listed for multiple units; Interior includes a gas range, microwave and refrigerator
