1207 St. Charles Street, Thibodaux, LA 70301

Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
1207 St. Charles Street,Thibodaux, LA 70301
$469,000
  • - Beds
  • - Baths
  • 6,426 sq. ft.
  • Multi-family
  • Active
Listed by: brittny mckay
Office: brittny mckay real estate
MLS#:NO2555980
Source:LA_RAAMLS

Price summary

  • Price:$469,000
  • Price per sq. ft.:$72.98

About this home

Previously generating approximately $6,500 per month at full occupancy, this now bank-owned five-unit multifamily property presents an opportunity to reestablish rental income through immediate lease-up. One unit is currently occupied at $1,243 per month, and four units are vacant. The two-story building contains approximately 6,400 square feet of gross building area and 5,938 square feet of net rentable area. The property features five spacious, townhouse-style units with in-unit laundry, and several units feature updates. Offered at approximately $77 per gross square foot, the property is well positioned for an investor focused on lease-up, stabilized occupancy, and long-term cash flow. Bank-owned property being sold as-is. Seller will make no repairs. Buyer must independently verify measurements, rents, leases, expenses, occupancy, zoning, legal use, property condition, historical income, and all other information material to the purchase.

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Home facts

  • Listing ID #:NO2555980
  • Added:101 day(s) ago
  • Updated:August 13, 2026 at 03:39 PM

Rooms and interior

  • Living area:6,426 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)

Structure and exterior

  • Roof:Composition
  • Building area:6,426 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:2 Story

Finances and disclosures

  • Price:$469,000
  • Price per sq. ft.:$72.98