For sale

Price cut: $40K (3/4)

$1,250,000

750 Hospital Rd, New Roads, LA 70760

2beds

--baths

20,240sqft

Est.: Get pre-qualified

Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$62/sqft

$-- HOA

What's special

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)

396 days

57

2

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2

Heating

Other

Cooling

Window Unit(s)

Appliances

Included: Electric Cooktop

Interior area

Total structure area: 20,240
Total interior livable area: 20,240 sqft

Property

Parking

Total spaces: 25
Parking features: Parking Lot

Lot

Size: 0.95 Acres

Details

Parcel number: 00701090
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick Siding, Frame
Foundation: Slab

Condition

New construction: No

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Jackson Square

Location

Region: New Roads

Financial & listing details

Price per square foot: $62/sqft
Tax assessed value: $95,000
Annual tax amount: $659
Price range: $1.3M - $1.3M
Date on market: 4/30/2025
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/4/2026	Price change	$1,250,000-3.1%$62/sqft
Source: ROAM MLS #2025007876 Report a problem
4/30/2025	Listed for sale	$1,290,000+29.1%$64/sqft
Source: ROAM MLS #2025007876 Report a problem
11/22/2021	Sold	--
Source: ROAM MLS #2021016077 Report a problem
10/29/2021	Pending sale	$999,000$49/sqft
Source: ROAM MLS #2021016077 Report a problem
10/15/2021	Listed for sale	$999,000$49/sqft
Source: ROAM MLS #2021016077 Report a problem
12/11/2017	Sold	--
Source: ROAM MLS #2017013701 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$659 +0%	$9,500
2024	$659 +5.5%	$9,500
2023	$624 +103.1%	$9,500 +100%
2022	$307	$4,750
2021	$307 -0.1%	$4,750
2020	$308 +17.2%	$4,750
2019	$262 +0.4%	$4,750
2018	$262	$4,750
2017	$262 -14%	$4,750 -13.6%
2015	$304 -3%	$5,500
2013	$313	$5,500 -23.6%
2012	--	$7,200
2011	--	$7,200
2010	$383	$7,200

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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