Exceptional investment opportunity in Hammond, LA! This fully occupied 6-unit apartment complex, located in a gated community near Southeastern Louisiana University and downtown, has been recently updated with new roofs installed in 2022 and offers plenty of parking for tenants. Included is an additional vacant lot, providing expansion potential, all on a total of 0.70 acres. The property also features on-site coin laundry, adding an extra income stream. With long-term tenants ensuring steady income, this property is perfect for investors looking for a low-maintenance, high-demand rental asset. Owner financing is available with bond for deed terms: 2.5-year term (30 year am), 5.5% interest rate, and 15% down. Don’t miss this incredible opportunity—contact us today for more details!
Active
Price cut: $10K (2/25)
$615,000
17003-17019 E Iowa Ave, Hammond, LA 70403
12beds
5,832sqft
Est.:
Multi Family, Apartment
Built in 1993
-- sqft lot
$-- Zestimate®
$105/sqft
$-- HOA
What's special
Gated communityAdditional vacant lot
- 101 days
- on Zillow |
- 240 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: February 25, 2025 at 05:55am
Listed by:
Mike Fernandez 504-220-2777,
Arpent Realty and Property Man 504-356-3897
Source: GSREIN,MLS#: 2483091

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Central
Cooling
- Central Air
Interior area
- Total interior livable area: 5,832 sqft
Property
Parking
- Parking features: Parking Lot, Three or more Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098.4 Square Feet
- Features: City Lot, Oversized Lot, Rectangular Lot
Details
- Parcel number: 01721003
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Apartment
Materials
- Other
- Foundation: Raised, Slab
- Roof: Shingle
Condition
- Very Good Condition
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not A Subdivision
Location
- Region: Hammond
Financial & listing details
- Price per square foot: $105/sqft
- Date on market: 1/15/2025
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