Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 3-bedroom, 2-bathroom single family at 509 Park Avenue in Franklin, LA is listed for $105,000 ($44 per sqft). Built in 1965, the home offers 2,404 sqft of living space on a 0.23 acres lot.

Agent Description

This home is waiting for the right owner to make it PERFECT! The bones are in tact and just need some cosmetic attention. This property can be flipped or used as an income generating opportunity. This property is near to schools, not far from Main Street, shopping and restaurants.

A good power washing and some elbow grease will get this place looking great again! The 1st 15 days of listing period the property is Exclusively available for sale to Owner-Occupant Buyers, HUD-approved Nonprofits, and Governmental Entities and after the expiration of 15 days it is available for sale for any other investor.

Investors: Investor Opportunity - Buy & Hold Potential Bank-owned property being sold as-is, where-is. Ideal opportunity for buy-and-hold investors seeking long-term rental income. Property is located in a stable rental corridor with consistent tenant demand.

Comparable rentals in the area support strong monthly cash flow. Features favorable to long-term ownership including durable construction, manageable square footage, and utility access. Flood zone X. Suitable for conventional, renovation, or cash buyers. No repairs will be made by seller. Buyer to verify condition, zoning, and rental regulations. Contact listing agent for any questions.

Key Features

  • Built in 1965
  • 0.23 acre lot

Property Details

1 story
2 full
1965

Amenities

A/C

Monthly Cost Estimate

$562/mo

20% down · 6.5% · 30 years

Principal$76
Interest$455
Insurance$31

Estimates only. Actual payments may vary.

Location

509 Park Avenue

Franklin, LA 70538

Park Ave

Features & Amenities

Exterior Features

LightingOutside Light

Property Details

Flooring

Concrete

Construction

Wood Siding

Parking

Carport

Heating

Natural GasCentral

Cooling

Central Air

Appliances

Gas CooktopDishwasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 509 Park Avenue is listed at $105,000 ($44/sqft). The estimated monthly payment is $455 based on 20% down at 6.5% interest.

Key features include: Built in 1965, 0.23 acre lot. Exterior Features: Lighting, Outside Light.

This property is listed by Steven Mora and can be reached at 5042399745 or steven.mora@compass.com.

Similar Homes in Franklin

View all
SM

Steven Mora

Agent at Compass

(504) 239-9745

Listed by Compass

MLS# 2500006988· Source: listhub· Updated 92 days ago

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

509 Park Avenue, Franklin, LA 70538

Open this listing in: