Residential Income

Franklin, LA Residential Income Properties for Sale

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Baldwin, LA Centerville, LA Jeanerette, LA Patterson, LA Amelia, LA Morgan City, LA Berwick, LA Pierre Part, LA
Historic Franklin Commercial Property For Sale
Updated: Mar 24, 2025
Historic Franklin Commercial Property For Sale

607 Main Street, Franklin, LA 70538

$132,500
3,384 sqft 0.50 AC lot
Prime Main Street location in historic Franklin, Louisiana, near the courthouse, shops, and Bayou Teche.
2,000 sq ft ground‑level cafe space, including a bar, kitchen, and restrooms.
1,600 sq ft of upstairs living space with original wood floors, tongue‑and‑groove walls, and two fireplaces, ready for renovation.
Historic property with unique charm and potential for commercial ventures or residential conversion.
Dedicated parking and shared rear entrance driveway for convenience.
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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.

Two-Story Fourplex Residential Income
Two-Story Fourplex Residential Income

205 Neptune, Morgan City, LA 70380

$299,900
3,072 sqft 0.24 AC lot

Well-maintained two-story fourplex with four 2-bedroom, 1-bath units and tenant-paid utilities.

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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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Well-Maintained Fourplex Building
Well-Maintained Fourplex Building

205 Neptune Street, Morgan City, LA 70380

$309,900
3,072 sqft 0.24 AC lot

Fourplex offers four two-bedroom, one-bath units with tenants paying their own utilities.

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Mixed-Use Property in New Iberia
Mixed-Use Property in New Iberia

1116 Center Street, New Iberia, LA 70560

$250,000
4,032 sqft 0.24 AC lot

Retail storefront with residential dwelling in central New Iberia.

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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.

Franklin, LA Mixed-Use Lot
Franklin, LA Mixed-Use Lot

511 W Third Street lot: Bd Gibbs And Battagl, Franklin, LA 70538

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0.51 AC lot

0.28-acre mixed-use lot in Franklin, Louisiana.

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Residential Land in Centerville, LA
Residential Land in Centerville, LA

Hwy 317, Centerville, LA 70522

$75,000
1.00 AC lot

One-acre residential land tract in Centerville, Louisiana.

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Wooded Land on Bayou Teche
Wooded Land on Bayou Teche

La-87 lot: 1, Franklin, LA 70538

$300,000
10.40 AC lot

10.4 acres with over 600 feet of bayou frontage.

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Acre Wooded Land Bayou Teche
Acre Wooded Land Bayou Teche

19500 Highway 182, Jeanerette, LA 70544

$34,000
1.00 AC lot

One acre of wooded property along Bayou Teche.

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Franklin, LA Residential Income Properties Market Trends and Statistics

Explore 1 residential income 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 residential income 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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Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Franklin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
70538 $132.5K

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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