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.
For sale
$397,000
1201 Gains Ave, Simsboro, LA 71270
11beds
--baths
3,468sqft
Multi Family
Built in 1960
-- sqft lot
$380,300 Zestimate®
$114/sqft
$-- HOA
What's special
Plenty of parking
- 361 days
- 93
- 2
Zillow last checked:
Listing updated:
Listed by:
Pamela Tompkins,
Coldwell Banker Group One Realty
Source: NELAR,MLS#: 216498
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
$380,300
$361,000 - $399,000
$1,031/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $397,000$114/sqft |
Source:  NELAR #216498 Report a problem | ||
| 7/29/2026 | Pending sale | $397,000$114/sqft |
Source: NELAR #216498 Report a problem | ||
| 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 |
|---|---|---|
| 2025 | $1,113 | $13,044 |
| 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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 71270
Nearby schools
Schools provided by the listing agent
- Elementary: Hillcrest-Ruston
- Middle: Ruston L
- High: Ruston L
Source: NELAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
