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Independence Duplex: Investment Opportunity
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569 W 5th St, Independence, LA 70443

Duplex in Independence, LA, ideal for investors or multi-family.

Property Size2,450 SF
Price / SF$81.63
Days on Market180

Property Features for 569 W 5th St

General Information

Standard status Active
Size 2,450 SF
Property subtype Multifamily

Building Details

Year Built 1939
Listing Agency: Elite Real Estate Advisors
Listed By: Sergio Mesa · License #912124506
Source: Crexi
Added: Feb 23 Changed: Aug 15 Last Checked: Aug 21 at 5:52AM

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 Elite Real Estate Advisors

Investment Insights

Based on property information with market context.

Located in Independence, Louisiana, the duplex property at 569 W 5th Street presents an investment opportunity or multi-family residence. Each of the two units features 3 bedrooms, 1 full bath, a living room, a kitchen, and washer/dryer hookups. The property is located near Independence’s historic downtown district, providing access to shops, restaurants, and services, with retail centers and grocery stores a short drive away. Situated directly across the street from the Independence Police Station, the property offers an added sense of security. Proximity to Interstate 55 and other main thoroughfares facilitates travel to Hammond, Amite, and Baton Rouge. Local schools, parks, and community facilities are nearby. The property contains 2,450 square feet.

Key Highlights

  • Duplex property with two spacious units, each featuring 3 bedrooms and 1 full bath.
  • Conveniently located near Independence's historic downtown, shops, restaurants, and essential services.
  • Direct proximity to the Independence Police Station provides enhanced security.

Property Analytics

Current Use

Duplexes

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

189
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
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex in Independence, LA, ideal for investors or multi-family.
Where is this duplex located?
The property is located at 569 W 5th St Independence, LA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Duplex property with two spacious units, each featuring 3 bedrooms and 1 full bath.; Conveniently located near Independence's historic downtown, shops, restaurants, and essential services.; Direct proximity to the Independence Police Station provides enhanced security.
(985) 542-7601 Call to check price and availability
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