For sale

$397,000

1201 Gains Ave, Simsboro, LA 71270

11beds

--baths

3,468sqft

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Multi Family

Built in 1960

-- sqft lot

$374,800 Zestimate^®

$114/sqft

$-- HOA

What's special

Plenty of parking

Investment Property with lots of potential!! Two large units with plenty of parking. Unit #1 is 5 Bedroom/2 Bath and Unit #2 is 6 Bedroom/2 Bath. Zoned B4 Commercial Monthly income $2175 Owner is a licensed Broker in Louisiana..

286 days

105

2

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11

Heating

Natural Gas, Central

Cooling

Central Air, Electric

Appliances

Included: Refrigerator, Electric Range, Gas Water Heater
Laundry: In Unit

Features

Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 3,468
Total interior livable area: 3,468 sqft

Property

Parking

Total spaces: 11
Parking features: Open
Uncovered spaces: 11

Features

Patio & porch: Porch Covered

Lot

Size: 0.49 Acres

Details

Parcel number: 23183064008
Zoning: B4
Zoning description: B4

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick Veneer, Vinyl Siding
Foundation: Pillar/Post/Pier
Roof: Metal

Condition

Year built: 1960

Utilities & green energy

Electric: Separate Meters, Electric Company: City of Ruston
Gas: Available, Natural Gas, Gas Company: Centerpoint
Sewer: Public Sewer
Water: Public, Electric Company: City of Ruston
Utilities for property: Natural Gas Available, Natural Gas Connected

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Other

Location

Region: Simsboro

Financial & listing details

Price per square foot: $114/sqft
Tax assessed value: $130,439
Annual tax amount: $1,351
Date on market: 9/19/2025
Total actual rent: 2175
Road surface type: Paved

Estimated market value

$374,800

$356,000 - $394,000

$983/mo

Price history

Date	Event	Price
9/19/2025	Listed for sale	$397,000+28.1%$114/sqft
Source: NELAR #216498 Report a problem
11/28/2023	Listing removed	--
Source: NELAR #204405 Report a problem
9/1/2023	Price change	$310,000-1.3%$89/sqft
Source: NELAR #204405 Report a problem
7/28/2023	Price change	$314,000-0.3%$91/sqft
Source: NELAR #204405 Report a problem
1/23/2023	Listed for sale	$314,899$91/sqft
Source: NELAR #204405 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,113 -17.2%	$13,044 -13.8%
2023	$1,344 -0.5%	$15,127
2022	$1,351 +8%	$15,127
2021	$1,251 +9.9%	$15,127 +10.5%
2020	$1,138 +2.4%	$13,695
2019	$1,112 +14.6%	$13,695
2018	$970 -10.6%	$13,695
2017	$1,085 +0.4%	$13,695
2016	$1,080 +4.7%	--
2015	$1,032 -4.8%	$12,019 -3.3%
2013	$1,085 +13.5%	$12,433 +15.9%
2011	$956 -3.8%	$10,727 -3.8%
2010	$994	$11,156

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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