$7,422
closing credit¹
17003-17019 E Iowa Ave Hammond, LA 70403
Property details
About 17003-17019 E Iowa Ave
Exceptional investment opportunity in Hammond, LA! This fully occupied 6-unit apartment complex, located in a gated community near Southeastern Louisiana University and downtown, has been recently updated with new roofs installed in 2022 and offers plenty of parking for tenants. Included is an additional vacant lot, providing expansion potential, all on a total of 0.70 acres. The property also features on-site coin laundry, adding an extra income stream. With long-term tenants ensuring steady income, this property is perfect for investors looking for a low-maintenance, high-demand rental asset. Owner financing is available with bond for deed terms: 2.5-year term (30 year am), 5.5% interest rate, and 15% down. Don’t miss this incredible opportunity—contact us today for more details!
Highlights
Summary
- MLS Number: 2483091
- MLS Name: NOMAR
- Office Name: Arpent Realty and Property Man
- Office Phone: (504) 356-3897
- Office Email: admin@ArpentNOLA.com
- Listing Agent: Mike Fernandez
- Agent Phone: (504) 220-2777
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Last updated on: 1/29/2025, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$625,000
17003-17019 E Iowa Ave
$7,422
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
4
Woodland Park Magnet School
Public Magnet PK-3
0.5 mi
•1000 S Range Rd
6
D.C. Reeves Elementary School
Public District 3-4
3.9 mi
•18026 Sisters Rd
5
Midway Elementary School
Public District PK-3
4.3 mi
•48405 Highway 51
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,457. Typical income of Hammond, LA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Pro Boxing
Where do the neighbors shop?
Books-a-Million
Burlington
Big Lots
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
White Castle
What do the neighbors drive?
Toyota
Chevrolet
Kia
What do the neighbors listen to?
Adult Hits
Urban Adult Contemporary- Adult Standards
Frequently asked questions
Living in Hammond, LA
About 17003-17019 E Iowa Ave
This home is located at 17003-17019 E Iowa Ave in Hammond, LA and zip code 70403. This 5,832 square foot home, which was built in 1993, sits on a 0.14 acre lot. Features: 12 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $625,000.
In December 2024, from all listings sold in Hammond, LA there were more than 7 sold above asking price, over 17 sold below and more than 9 were sold right at the asked price. Between November and December 2024, Hammond, LA real estate market has seen decrease in the number of listings by 0.5%. While the average time on the market in December 2024 was 63 days, the median list price was $225,320.