Brick 4-Plex with Tenant
For Sale
Contact for pricing
Pending
520 N 1st Street, 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
Days on Market58
Property Features for 520 N 1st Street
General Information
Standard status
Pending
Size
2,500 SF
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$26,200
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
1970
Buildings
1
Tenancy
Multi
Listing Agency:
EXIT Bayou Realty
(985) 966-5377
Listed By:
Jessica Landry · License #995710927
Source:
Crexi
Added: Jun 12
Changed: Aug 8
Last Checked: Aug 3 at 9:14AM
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
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
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
133
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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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 Street 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
