Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
17 Beds
10 Baths
6,426 sqft

$399,000

1207 ST. CHARLES Street, Thibodaux LA, 70301

Price per sqft$62.09
Built in2002
Property size6,426 sqft
Property typeCondominium
Courtesy of Brittny McKay with Brittny McKay Real Estate

Overview

Active

Listed May 4, 2026

Updated 10 days ago

Previously generating approximately $6,500 per month at full occupancy, this now bank-owned five-unit multifamily property presents an opportunity to reestablish rental income through immediate lease-up. One unit is currently occupied at $1,243 per month, and four units are vacant. The two-story building contains approximately 6,400 square feet of gross building area and 5,938 square feet of net rentable area. The property features five spacious, townhouse-style units with in-unit laundry, and several units feature updates. Offered at approximately $62 per gross square foot, the property provides an attractive basis for an investor focused on lease-up, stabilized occupancy, and long-term cash flow. Bank-owned property being sold as-is. Seller will make no repairs. Buyer must independently verify measurements, rents, leases, expenses, occupancy, zoning, legal use, property condition, historical income, and all other information material to the purchase.

$2,655/mo

Est. mortgage payment based on a $399,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2555980

Interior Features

Bedrooms
17
Bathrooms
10
Cooling
Yes
Heating
Yes
Basement
No
MLS provider logo

Listing Contact: (504) 236-5749 

Based on information from the Gulf South Real Estate Information Network as of 10/2/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Gulf South Real Estate Information Network. All rights reserved.
Data last updated 3:59 AM UTC, 10/2/2026

 

Powered by Luxury Presence