About This Home

This 2-bedroom, 0-bathroom multi-family at 489 W RAILROAD Avenue in Independence, LA is listed for $109,000 ($48 per sqft). Built in 1915, the home offers 2,270 sqft of living space on a N/A lot.

Key Features

  • Built in 1915

Property Details

1915
Listing Description

Quintessential historic masonry store front in revitalizing Independence begs your imagination to run wild. A blank slate, this building would make an excellent 2-unit multi-family investment. It has been gutted with many renovations completed including new windows, new electrical panels, new water supply line, new 10-year roof coating, spray foam insulation under roof decking, and newly redesigned apartment floor plan upstairs.

Approx 1135 sf living on each floor. A most unique detail of this property is that it sits on 2 CITY LOTS adding to the redevelopment possibilities! Come be part of the renaissance of historic main street Louisiana!

Monthly Cost Estimate

$583/mo

20% down · 6.5% · 30 years

Principal$79
Interest$472
Insurance$32

Estimates only. Actual payments may vary.

Location

489 W RAILROAD Avenue

Independence, LA 70443

Not a Subdivision

Property Details

Construction

Brick

Parking

Off Street

Questions & Answers

This 2-bedroom, 0-bathroom multi-family at 489 W RAILROAD Avenue is listed at $109,000 ($48/sqft). The estimated monthly payment is $583 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915.

This property is listed by Bart A Gillis.

BG

Bart A Gillis

License 000069580

Agent at Keller Williams Realty Services

Listed by Keller Williams Realty Services · Broker phone: (985) 727-7000 · View on Broker Site · Broker website

MLS# 2546546· Source: ROAM MLS· 232 days on PropertySimple

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

489 W RAILROAD Avenue, Independence, LA 70443

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