Address
516 St Charles St, Thibodaux, LA
Price
$ 260,000
Property Attributes
  • MLS#2026011620
  • TypeMulti-Family
  • Listing Status Active
  • ParishLafourche
  • CityThibodaux
  • AreaNo Area
  • NeighborhoodOther
  • Zip70301
  • Style
  • Price$ 260,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2481
  • Lot Size0.28 Acres
Data Source:
Greater Baton Rouge MLS (GBRAR)
Property Description

3 Homes! Includes 516, 516 A & 518 St Charles St, Thibodaux, La - 3 Houses! Excellent Multifamily Investment Opportunity Near Nicholls State University. Located approx. 1 miles from the university, this income-producing property offers an outstanding opportunity for investors, parents of college students or anyone seeking rental income in one of the most desirable locations ( 1 block off of Menard Street and 2 Blocks from downtown Thibodaux. The property has historically been occupied by long term tenants who have chosen to secure alternative housing due to property being for sale, creating a rare opportunity for a new owner to establish current market rents. Additionally Nicholls State University faculty particularly new hires from out of state seek out rental housing close to campus. Fair market value for rentals would be a total of approximately 3,000 per month - Brick home is 1250 sq ft. second home is 553 sq ft and third home is 678 sq ft

Price History
6/24/2026 Listed $270,000
8/25/2026 4$260,000

General Features

Heating Other
Cooling Ceiling Fan(s),Window Unit(s)
Roof Shingle,Metal
Appliances Gas Cooktop,Refrigerator
Patio/Porch Features Patio,Porch
Security Features Smoke Detector(s)
Construction Materials Brick Siding,Other Siding,Brick,Other
Property Subtype Other
Assoc Fee Paid Per Annually
County Lafourche
New Construction false
Property Type Residential Income
Subdivision Name Other
Status Active
City Thibodaux
High School District Lafourche Parish
MLS Area No Area
Lot Size Square Feet 12196.8
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Lafourche Parish
Elementary School District Lafourche Parish
Legal Description 1st: Lot fronting on St. Charles St. E.(30 by depth) 2nd Lot Fronting on St. Charles St. E. By ( 96 x depth) Less Lot sold MRS. J. Cox.

Interior Features

Flooring Vinyl:Sheet Floor,Vinyl:Tile Floor
LivingAreaSource Measured

Exterior Features

Fencing Partial
Water Source Public,Other
Total Parking 6
Lot Size Area 12196.8
Foundation Details Pillar/Post/Pier
Building Area Total 2481
Lot Dimensions 96 x 125
Lot Size Acres 0.28
Other Equipment Ceiling Fans

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 70301

Price
AVG $550K
$260K