925 W 4th St W, Dequincy, LA 70633

Property Description

Build your rental portfolio with this DeQuincy investment property featuring 12 apartments and a separate 24-unit self-storage facility with an office, all on 1.43 acres. Located at 925 4th Street and 106 Lois Street, this commercially zoned property offers two sources of rental income, an established rental history, public water and sewer, and a Flood Zone X location. Each apartment includes 2 bedrooms, 1 bathroom, and approximately 781 square feet of living space. The single-story buildings feature brick-and-vinyl siding exteriors, individual ground-level entrances, and concrete walkways leading to a central parking area, with grassy areas throughout the grounds. Interior features include practical floor plans with open living and dining areas, easy-care tile flooring, functional kitchens with ample cabinet storage, and neutral finishes. A shared laundry area is available next door. The separate self-storage facility offers roll-up doors and concrete drive-up access for convenient loading and unloading, providing storage options for both apartment residents and outside tenants. The owner pays water, and electricity is included in some apartment leases. Reported expenses include a 2026 annual insurance premium of $12,271, annual property taxes of $2,201, average annual utility costs of approximately $12,000, and annual dumpster service of $11,500. Offered at $799,900, below its reported 2021 appraised value of $945,000, this apartment and self-storage property presents an opportunity to establish or expand an investment portfolio in Southwest Louisiana.