207 CEDAR ST, Franklin, LA 70538
$499,500
Property Type:
Comm Bldg Sale/Lease
Square Footage:
7,290
Lot Size (sq. ft.):
17,424
Status:
Active
Current Price:
$499,500
List Date:
4/22/2025
Last Modified:
2/01/2026
Description
Located just minutes from the charm of Historic Downtown Franklin, this rare investment package includes a single-family home, a duplex, and a triplex--all fully rented and generating $3,920/month in rental income. Even though these units bring in $3,920 a month they still definitely have more potential for a higher income. These properties are also situated in an X flood zone and do not require flood insurance, providing added savings and peace of mind for investors or owner-occupants. ?? Property Breakdown: * 1 Duplex - Features (1) 2-bedroom and (1) 1-bedroom units. * 1 Triplex - Features (1) 3-bedroom and (2) 2-bedroom units. * 1 Single-Family Home - This unit has a 2-bedroom layout. * All properties are located on the same block for convenient management and maintenance. With these units, this setup provides excellent flexibility for multiple rental strategies. Whether you're an investor looking for cash flow or a homeowner interested in house hacking, this is a rare chance to own a diverse portfolio in one of Louisiana's most character-rich communities. ?? Location Highlights: * Walking distance to Franklin's historic Main Street * Quiet residential area with local charm * Easy access to local shops, restaurants, and schools HUGE BONUS: If you purchase these units we will THROW IN a LOT that is part commercial/part residential that is on the same street as these units. The lot is also listed separately, and the address is 1215 Main Street, Franklin, LA 70538.
Supplements: ********
More Information MLS# BY2025007239
Listing Info
For Sale: Yes
List Price/SqFt: 68.52
Status: Active
Listing Date: 2025-04-22
Listing Price: 499500
Current Price: $499,500
Modification Timestamp: 2026-02-01T20:51:43Z
Photo Modified: 2026-02-01T20:21:13Z
General Property Description
SqFt - Total: 7290
SqFt - Source: Approximate
Mineral Rights: Negotiable
Acreage Range: 0 - 0.5
SqFt - Retail: 0
SqFt - Office: 0
SqFt - Warehouse: 0
Acres: 0.4
Sale/Lease Info
Lease Purchase: No
Deposit: 0
Remarks & Misc
Remarks: Located just minutes from the charm of Historic Downtown Franklin, this rare investment package includes a single-family home, a duplex, and a triplex--all fully rented and generating $3,920/month in rental income. Even though these units bring in $3,920 a month they still definitely have more potential for a higher income. These properties are also situated in an X flood zone and do not require flood insurance, providing added savings and peace of mind for investors or owner-occupants. ?? Property Breakdown: * 1 Duplex - Features (1) 2-bedroom and (1) 1-bedroom units. * 1 Triplex - Features (1) 3-bedroom and (2) 2-bedroom units. * 1 Single-Family Home - This unit has a 2-bedroom layout. * All properties are located on the same block for convenient management and maintenance. With these units, this setup provides excellent flexibility for multiple rental strategies. Whether you're an investor looking for cash flow or a homeowner interested in house hacking, this is a rare chance to own a diverse portfolio in one of Louisiana's most character-rich communities. ?? Location Highlights: * Walking distance to Franklin's historic Main Street * Quiet residential area with local charm * Easy access to local shops, restaurants, and schools HUGE BONUS: If you purchase these units we will THROW IN a LOT that is part commercial/part residential that is on the same street as these units. The lot is also listed separately, and the address is 1215 Main Street, Franklin, LA 70538.
Office/Member/Contract Info
List AOR: BBR
Property Type
Business Opportunity: 1
Price Includes
Real Estate: 1
Parking
Assigned: 1
Concrete: 1
Covered: 1
Parking Lot: 1
Security: 1
Road Frontage
Public Street: 1
Construction
Brick: 1
Foundation
Slab: 1
Exterior
None: 1
Roof
Composition: 1
Metal: 1
Heating
Central: 1
Electric: 1
Natural Gas: 1
Wall Unit(s): 1
Cooling
Central Air: 1
Window Units: 1
Gas
On Property: 1
Water Source
Other: 1
Financing
Cash: 1
Conventional: 1
Other: 1
Originating Details
Originating System ID: ROAMP
Originating System Key: 2025007239
Originating System Listing ID: 2025007239
Originating System Name: ROAM Paragon
Location Tax Legal Info
Street Number: 207
Street Name: CEDAR ST
Parish: St. Mary
State: LA
Zip Code: 70538
Subdivision: Laws And Huth
Tax Assessment Number: 2264721431.00
Property Features
Property Type: Business Opportunity
Road Frontage: Public Street
Exterior: None
Heating: Central; Electric; Natural Gas; Wall Unit(s)
Cooling: Central Air; Window Units
Gas: On Property
Water Source: Other
Construction: Brick
Roof: Composition; Metal
Parking: Assigned; Concrete; Covered; Parking Lot; Security
Foundation: Slab
Financing: Cash; Conventional; Other
Price Includes: Real Estate
Listing Office:
KELLER WILLIAMS REALTY BAYOU P
IDX
Last Updated: February - 01 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.