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$224,500   Price Analysis
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46037 Rufus Bankston Rd # 224-227
Hammond, LA 70401
8 bed 8 bath 4,352 SqFt ($51/SqFt)
8,464SqFt lot. Built 1978
Listed 2023-08-10
USDA Eligible
near Hammond, LA
 Restrictions may apply
due to home size

This fourplex presents an incredible chance for seasoned investors looking to add to their portfolio.

All four units are leased, generating a combined monthly income of $2, 700/mo. This property promises an impr essive and steady cash flow from day one. Did I forget to mention, the roof was replaced in 2022 and you know how favorable that is nowadays for your insurance premium.

In addition, new (Sept 2023) condenser units were installed in #226 and #227 s well as a new (Sept 2023) air handler in 227. Don't miss out on this chance to purchase an asset that will reward you for years to come.


Presented by Antonio Cousin at
Service 1st Real Estate.
Listing Agent Photo

Property MLS #2408385 from NewOrleans

Bedrooms: 8

Total Bathrooms: 4 / 4
Full Bathrooms: 4
1/2 Bathrooms: 4

Cooling Features: Window Unit
Heating Features: Window Unit

Lot Description: Regular
Lot Size Acres: 0.1943
Lot Size Dimensions: 240x100
Lot Size Square Feet: 8464

Garage Description: Lot, Off Street Parking

Number of Units: 4

Source Listing Status: Active
County: Tangipahoa
Directions: per GPS
Source Property Type: Multi-Family
Source Neighborhood: Kin Tally Sub
Parcel Number: 03633004
Subdivision: Kin Tally Sub
Property Subtype: 4 Plex
Source System Name: C2C

Price Changed 2024-04-23
$224,500
NewOrleans
Price Changed 2024-04-09
$228,500
NewOrleans
Price Changed 2024-03-27
$229,000
NewOrleans
Price Changed 2024-03-11
$230,000
NewOrleans
Price Changed 2024-03-05
$235,000
NewOrleans
Price Changed 2024-01-15
$229,900
NewOrleans
Price Changed 2023-10-12
$234,000
NewOrleans
Listed 2023-08-10
$235,000
NewOrleans
Listing removed 2017-03-20
$139,000
NewOrleans
Listed 2016-12-20
$139,000
NewOrleans

Total Square Feet Living: 4352
Year Built: 1978
Building Exterior Type: Brick
Foundation Details: Slab
Property Age: 46
Property Condition: Remodeled structural changes - all major mechanical systems i.e. HVAC, Renovated cosmetic changes of at least 50% total living area - i.e. paint
Roof: Shingle
Levels or Stories: 2.00000
House Style: Traditional
Year Built Details: Resale, Remodeled structural changes - all major mechanical systems i.e. HVAC, Renovated cosmetic changes of at least 50% total living area - i.e. paint

Sewer: City
Water Source: Public

Natalbany Elementary School is a public elementary and middle school located approximately 2.6 miles away.
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Hammond High Magnet School is a public high school located approximately 8.2 miles away.
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Courtney Christian School Inc is a private elementary and middle school located approximately 1.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.