Brick 4-Plex with Tenant
For Sale
$172,500
520 N 1st St N, Oberlin, LA 70655
Well-maintained brick four-unit property with four 1-bedroom units currently occupied and producing stated monthly rental income.
Property Size2,500 SF
Price / SF$69
Days on Market131
Property Features for 520 N 1st St N
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
1970
Tenancy
Multi
Listing Agency:
EXIT Bayou Realty
Listed By:
Jessica Landry · License #995710927
(985) 966-5377
Source:
Athomerealtyla
Added: Jun 16
Changed: Oct 3
Last Checked: Oct 7 at 5:15PM
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 EXIT Bayou Realty
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Investment Insights
Based on property information with market context.
This well-maintained brick 4-plex offers four separate 1-bedroom, 1-bathroom units. Each unit is designed with functional living space, kitchens, and bedrooms intended for everyday comfort.
The property is located at 520 N 1st Street in Oberlin, LA, and is described as conveniently positioned near local amenities, shopping, dining, and everyday conveniences.
The building is currently fully tenant-occupied and is generating $2,400 per month in rental income based on the information provided. For investors or owner-occupants seeking a residential income property, the current occupancy and monthly rental figure offer a clear starting point for evaluating the asset. All measurements are more or less, and the property’s age is estimated.
The property is located at 520 N 1st Street in Oberlin, LA, and is described as conveniently positioned near local amenities, shopping, dining, and everyday conveniences.
The building is currently fully tenant-occupied and is generating $2,400 per month in rental income based on the information provided. For investors or owner-occupants seeking a residential income property, the current occupancy and monthly rental figure offer a clear starting point for evaluating the asset. All measurements are more or less, and the property’s age is estimated.
Key Highlights
- Brick 4‑plex built in 1970 with four 1‑bedroom, 1‑bath units
- All four units are currently tenant‑occupied
- Generates stated $2,400 per month in rental income
Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
Demographics for 70655, LA
2,414
Population
1,201
Households
2
Avg Household Size
42
Median Age
11%
College-Educated
85%
High-School Grad
124.8 sq mi
ZIP Area
19
Density / Sq Mi
$51,424
Median Household Income
$28,708
Median Earnings
$430
Median Rent
$79,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained brick four-unit property with four 1-bedroom units currently occupied and producing stated monthly rental income.
Where is this quadplex located?
The property is located at 520 N 1st St N Oberlin, LA.
What is the asking price?
The asking price for this property is $172,500.
What are key features of this property?
This property features: Brick 4‑plex built in 1970 with four 1‑bedroom, 1‑bath units; All four units are currently tenant‑occupied; Generates stated $2,400 per month in rental income
