Multifamily

Franklin, LA Multifamily Properties for Sale

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Baldwin, LA Centerville, LA Jeanerette, LA
Historic Mixed-Use Main Street Building
Updated: Mar 25, 2025
Historic Mixed-Use Main Street Building

607 Main St, Franklin, LA 70538

$132,500
3,384 sqft
Two‑story Main Street building in Franklin, LA with an active ground‑floor cafe and renovation‑ready upper space
Second floor offers 1,600 sq ft with original wood floors and tongue‑and‑groove walls plus 2 fireplaces
Ground floor provides 2,000 sq ft cafe space with 2 restrooms, bar area, kitchen, and sitting area with display windows
Shared rear entrance driveway with dedicated parking
Nearby to St. Mary Parish Courthouse, local shops, banks, Pocket Park, and Bayou Teche
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Franklin, LA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic St. Martinville Commercial Opportunity
Historic St. Martinville Commercial Opportunity

Saint Martinville, LA 70582

$399,500
3,835 sqft · 0.35 AC lot

Charming two-story building in historic downtown St. Martinville.

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St. Martinville Multifamily Investment Opportunity
St. Martinville Multifamily Investment Opportunity

Saint Martinville, LA 70582

$550,000
6,640 sqft

Four rental units in historic downtown St. Martinville.

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Turnkey 12-Plex in Opportunity Zone
Turnkey 12-Plex in Opportunity Zone

314 Deare Street, New Iberia, LA 70560

$670,000
5,712 sqft

Newly remodeled 12-unit complex, ready to generate income.

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New Iberia Multifamily Investment
New Iberia Multifamily Investment

1318-1320 Delasalle Drive, New Iberia, LA 70560

$499,000
7,500 sqft

12-unit multifamily property in New Iberia, Louisiana.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in New Iberia
Residential Land in New Iberia

909 Oakcrest Drive lot: 6 Blk E, New Iberia, LA 70563

$36,000
0.87 AC lot

Large country lot suitable for mobile homes in New Iberia.

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Residential Land with Driveway
Residential Land with Driveway

4211 Erice Campbell Road, New Iberia, LA 70560

Contact for pricing
1.50 AC lot

Buildable 1.5-acre lot in an R-2 zone, with driveway access, a water well, and utility power on site.

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Residential Lot on Bull Island
Residential Lot on Bull Island

5712 Bull Island Road, New Iberia, LA 70560

Contact for pricing
0.17 AC lot

Unrestricted lot ready for building or mobile home placement.

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Versatile Land Parcel For Sale
Versatile Land Parcel For Sale

Saint Martinville, LA 70582

$307,804
10.99 AC lot

10.99 acre commercial land parcel in St. Martinville, LA.

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Franklin, LA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Franklin, LA on our real estate platform. These investment opportunities span a total of 3,384 square feet of properties for sale, with an estimated market value of $132,500.

Sale prices for multifamily properties in Franklin, LA start at $132,500, averaging $132,500, and reaching up to $132,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Short term rental properties 1

Demographics Overview

Population 13K
Population Growth (5Y) -13.2%
Median Household Income $55,662
College Educated 20.0%

Taxes & Financing

Tax Rate (average for all types) 10.90%
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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