Rare investment opportunity to acquire 9 single-family rental homes together on a quiet dead-end street in Hammond, less than one mile (0.8) from Trafton Academy and 1.5 miles from Southeastern Louisiana University. Each home offers 2 bedrooms, 1 bath, and approximately 880 sq ft. Exterior features include fresh paint, matching fixtures, and metal roofs (1–5 years old). Interiors range from well-kept to fully renovated. The portfolio covers two parcels: four homes with carports on 1.15 acres and five homes on 0.58 acres. Current rental income is $8,550/month ($102,600 annually) with room for growth. A turnkey package with strong cash flow, attractive cap rate, and excellent proximity to schools, shopping, dining, and I-12.
Closed
Zillow last checked:
Listing updated:
Bought with:
Lauren Buras
K Company Realty
Source: GSREIN,MLS#: 2574001
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Sold | -- |
Source:  GSREIN #2574001 Report a problem | ||
| 8/27/2026 | Pending sale | $850,000$107/sqft |
Source: GSREIN #2574001 Report a problem | ||
| 8/24/2026 | Listed for sale | $850,000-6.6%$107/sqft |
Source: GSREIN #2574001 Report a problem | ||
| 3/24/2026 | Listing removed | $910,000$115/sqft |
Source: GSREIN #2522224 Report a problem | ||
| 10/21/2025 | Price change | $910,000-0.5%$115/sqft |
Source: GSREIN #2522224 Report a problem | ||
| 9/23/2025 | Listed for sale | $915,000+232.7%$116/sqft |
Source: GSREIN #2522224 Report a problem | ||
| 3/5/2020 | Listing removed | $850 |
Source: KELLER WILLIAMS REALTY 455-0100 #2241914 Report a problem | ||
| 2/20/2020 | Listed for rent | $850 |
Source: KELLER WILLIAMS REALTY 455-0100 #2241914 Report a problem | ||
| 3/3/2015 | Listing removed | $275,000$35/sqft |
Source: Keller Williams - Mandeville #1001827 Report a problem | ||
| 8/14/2014 | Listed for sale | $275,000$35/sqft |
Source: Keller Williams - Mandeville #1001827 Report a problem | ||
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Estimated market value
$826,600
