$549,000

97-103 Trace Loop Mandeville, LA 70448

$6,519
Closing credit¹
12 beds
8 full
4,070 sqft
$135 / sqft
Multi-Family

Property details

About 97-103 Trace Loop

Excellent Investment opportunity in the popular Greenleaves subdivision! This property consists of four spacious units totaling over 4000 square feet, each with 3 bedrooms and 2 bathrooms. All 4 units are professionally managed with qualified tenants in place with adjustable rents. Each unit includes features such as a wood-burning fireplace and in-unit laundry hookups with 3 of the 4 just renovated within the last 2 years with fresh paint, new LVP flooring, refreshed cabinets, and more. There is ample tenant and visitor parking along with a open park-like rear yard for tenants to enjoy. Recent property updates include new electrical panels and newer AC units both inside and out. The complex is in an area with walking paths, bike trails, ponds, and parks, and is just minutes from I-12, the Causeway, Lakefront, Old Mandeville shops and restaurants, the Trace, and popular music and community events, as well as being in a high-demand school district.With so much to offer, this could be the perfect property to add to your portfolio or help to start your reaching your investment goals!

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size4,070 sqft
Year built1983
ParkingParking Lot
MLS #2472876

Summary

  • MLS Number: 2472876
  • MLS Name: NOMAR
  • Office Name: Wayne Songy & Associates
  • Office Phone: (504) 455-4500
  • Office Email: waynesongy4500@gmail.com
  • Listing Agent: Wayne Songy
  • Agent Phone: (985) 259-2673

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rear view of house featuring a lawn

$549,000

97-103 Trace Loop

$6,519

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

9

Lake Harbor Middle School

Public District 4-6

1.0 mi

1700 Viola St

10

Magnolia Trace Elementary School

Public District 2-3

1.1 mi

1405 Highway 1088

8

Mandeville Elementary School

Public District PK-3

1.6 mi

519 Massena St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $89,004. The most common annual income of people living in Mandeville, LA is between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

9%
<35k
47%
35k-100k
41%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

30%
Single, No Kids
10%
Single, with Kids
32%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
14%
18-34 yrs old
46%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Hiking/backpackingHiking/backpacking
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • NordstromNordstrom
  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • ChipotleChipotle
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • BMWBMW
  • MazdaMazda
  • LexusLexus

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • NewsNews
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Mandeville, LA

About 97-103 Trace Loop

This home is located at 97-103 Trace Loop in Mandeville, LA and zip code 70448. This 4,070 square foot home was built in 1983. Features: 12 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $549,000.

Mandeville, LA housing market in January 2025 saw over 3 listings sold above listed price, more than 10 sold at listed price and over 24 sold below. The number of homes for sale in Mandeville, LA increased by 4.5% between December and January 2025. The median list price of listings available in January 2025 was $358,737, while the average time on the real estate market was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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