321-325 S Bengal Road, River Ridge, LA 70123

River Ridge
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
321-325 S Bengal Road,River Ridge, LA 70123
$1,275,000
  • 26 Beds
  • 16 Baths
  • 6,429 sq. ft.
  • Multi-family
  • Active
Listed by: bryce danna-marullo
Office: bridgewater realty advisors, llc.
MLS#:2547424
Source:LA_CLBOR

Price summary

  • Price:$1,275,000
  • Price per sq. ft.:$198.32

About this home

9% cap on actuals, one vacancy when filled brings property to 10% cap. Over $250,000 in renovation work completed in past year including all new underground plumbing, interior renovations to ~3/4 of units including flooring, Sheetrock, paint, appliances, complete bathroom renovations, etc. Metal roof in great shape with all new screws and foam. New shed for maintenance storage. Security cameras. 15/16 units occupied leaving room to grow rent roll and increase value. Gross monthly rents currently over $17k/month, will be over $18k/month at 100% occupancy. All vouchers are 1 bedroom which leaves even more room to increase cash flow by getting the 10 2 bedrooms up to 2 bedroom vouchers. All financials in attachments. Agent/Owner

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Home facts

  • Year built:1980
  • Listing ID #:2547424
  • Added:106 day(s) ago
  • Updated:June 27, 2026 at 07:14 PM

Rooms and interior

  • Bedrooms:26
  • Total bathrooms:16
  • Full bathrooms:16
  • Living area:6,429 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Heating, Window Unit

Structure and exterior

  • Roof:Metal
  • Year built:1980
  • Building area:6,429 sq. ft.
  • Construction Materials:Block
  • Exterior Features:Fence
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,275,000
  • Price per sq. ft.:$198.32

Features and amenities

  • Amenities:Closed Circuit Camera(s)

Parking

  • Parking description:Off Street

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