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    Ponchatoula, LA Tickfaw, LA Tangipahoa, LA Robert, LA Loranger, LA Albany, LA Springfield, LA Independence, LA
    Hammond Multi-Family Investment Opportunity
    Updated: Jul 15, 2025
    Hammond Multi-Family Investment Opportunity

    100 SHERWOOD Drive, Hammond, LA 70401

    $1,192,000
    10,611 sqft 1.00 AC lot
    9 single‑family homes plus 1 acre of land for development.
    Potential for increased rental income: Currently under‑rented with market rents estimated at $1350/month per house.
    Low‑maintenance brick ranch style homes with central air/heat.
    RM‑2 Zoning allows for 2‑family housing development.
    Located in a pleasant area just outside downtown Hammond; includes almost all homes on the street.
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    This listing looks promising.

    Here's a quick look at some key insights for

    100 SHERWOOD Drive, Hammond, LA 70401

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    • Est. Cap Rate

      5.8%
      NOI ÷ price

    • Est. NOI

      $69K
      Annual

    • Price @ 7% Cap

      $991K
      Suggested

    • Property Type

      Commercial (General)
      Built 1959
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    Income-Producing Rental Duplex Portfolio
    Updated: Jun 4
    Income-Producing Rental Duplex Portfolio

    44528 TIFFANY LYNN Court, Hammond, LA 70403

    $580,000
    3,350 sqft 3.72 AC lot
    Nearly 4 acres on Falcon Drive in Hammond, just off East Highway 190 and behind nearby industrial development
    5 income‑producing rental units: 2 duplexes and 1 single‑family home, 100% occupied and generating approximately $50,000 annually
    Additional 4,080 SF storage building with 14' ceilings
    60x100 dirt pad ready for a slab, plus retention pond already in place
    All city utilities available: water, sewer, gas, power, garbage service, and high‑speed internet
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    Multifamily Income Property with Storage
    Multifamily Income Property with Storage

    44528 TIFFANY LYNN Court, Hammond, LA 70403

    $580,000
    3,350 sqft 3.72 AC lot

    5 rental units plus a sizable storage building and dirt pad on 3.72 acres with city utilities available.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Hammond, LA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Corner Retail and Warehouse Complex
    Corner Retail and Warehouse Complex

    103 N POLK Street, Covington, LA 70433

    $1,500,000
    0.31 AC lot

    Multi-building corner property with retail and warehouse space, plus an additional commercial lot, offered as a single package.

    View details
    Single-Family Home with Covered Patio
    Single-Family Home with Covered Patio

    2335 ORLEANS Street, Mandeville, LA 70448

    $499,000
    2,261 sqft 0.15 AC lot

    New construction home with four bedrooms, open-concept living, and a covered patio with a fully equipped outdoor kitchen.

    View details
    Single-Family Home with CN Zoning
    Single-Family Home with CN Zoning

    822 W 21ST Avenue, Covington, LA 70433

    $200,000
    1,152 sqft 0.21 AC lot

    Single-family home on a small, tree-shaded lot with zoning CN for residential living and potential commercial use.

    View details
    Single-Family Home with Covered Patio
    Single-Family Home with Covered Patio

    256 CHATEAU PAPILLION, Mandeville, LA 70471

    $638,000
    2,978 sqft

    A 5-bedroom, 3.5-bath home with an open-concept layout and an expanded covered back patio for everyday comfort and entertaining.

    View details

    Hammond, LA Single Family Properties Market Trends and Statistics

    Explore 3 single family properties for sale in Hammond, LA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 19,311 square feet of properties for sale, with an estimated market value of $2,871,000.

    Sale prices for single family properties in Hammond, LA start at $519,000, averaging $717,750, and reaching up to $1,192,000 — 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

    Multifamily properties 23
    Apartment buildings 12
    Duplexes 5
    Single family properties 4
    Mobile home & RV parks 3

    Demographics Overview

    Population 55K
    Population Growth (5Y) +9.4%
    Median Household Income $50,733
    College Educated 19.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    70403 $580K
    70401 $855.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tangipahoa Parish

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Hammond fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Hammond, LA

    • 70403
    • 70401

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