Multiple 4-Plex Buildings, with 23 - 2 Bed/1.5 Bath Units in total. This 23-unit apartment complex in New Roads generates consistent investment income. Conveniently located near local amenities, it offers strong rental demand and long-term growth potential. Roofs were replaced in February 2025. Eight additional vacant land lots are also included. (22 units are rented - 1 is used as a storeroom)
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New Roads is located in Louisiana. New Roads, Louisiana has a population of 4,516. New Roads is less family-centric than the surrounding county with 11.04% of the households containing married families with children. The county average for households married with children is 18.31%.
The median household income in New Roads, Louisiana is $42,887. The median household income for the surrounding county is $50,431 compared to the national median of $69,021. The median age of people living in New Roads is 42.8 years.
The average high temperature in July is 92 degrees, with an average low temperature in January of 39.7 degrees. The average rainfall is approximately 61.2 inches per year, with 0 inches of snow per year.