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583 Main St, Grambling, LA, 71245

3beds
2baths
1,824sqft
$84,500
$46price/sqft
$686/moest. monthly cost
$27,440/yrincome needed

About This Home

Discover this well-maintained 3-bedroom, 2-bath home conveniently located near Grambling State University. This property offers excellent investment potential with a current rental rate of $675 per month, providing immediate income for its next owner. The home features a functional layout with comfortable living spaces and practical amenities suited for long-term or short-term occupancy. Its close proximity to campus, major roadways, and local conveniences adds to its overall appeal for future tenants. Whether you're expanding your investment portfolio or seeking your first rental property, or your personal home -this residence offers a solid opportunity in a consistently in-demand area. Information provided for this listing is deemed reliable but not guaranteed.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
8/10
Ruston High SchoolGrades 9-123.9 mi

Construction

Condition

  • Year built: 1942

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Asphalt Shingle
  • Construction materials: Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Site Build,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Gas Water Heater

Bedroom

  • Level: First
  • Area: 132

Bedroom1

  • Level: First
  • Area: 132

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Other
  • Window features: Single Pane,None
  • Number of fireplaces: 1
  • Fireplace features: One
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,400
  • Total interior livable area: 1,824 sqft

Kitchen

  • Level: First
  • Area: 72

Master Bedroom

  • Level: First
  • Area: 168

Property

Details

  • Parcel number: 30183000025

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: None
  • Fencing: None
  • Waterfront features: None

Lot

  • Lot size: 0.50 Acres
  • Features: Irregular Lot

Parking

  • Total spaces: 2
  • Parking features: Garage,Carport
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Strong Wind
Tornado
Heat Wave
Lightning
Hail
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $427$5,124
Home Insurance *$80$960
Property Taxes $32$384
Electricity $147$1,773
Total$686$8,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,520/yr
40% on housing$20,580/yr
45% on housing$18,293/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.4%
11.4%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: -3.4%
-3.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$46This listing

vs Other Active Listings

Avg $/sqft

ZIP 71245$65
Lincoln Parish$153

vs Homes Sold Last Month

Median $/sqft

ZIP 71245$155
Lincoln Parish$140

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-14Listed for sale$84,500
2026-04-30Pending sale$84,500
2026-04-20Listed for sale$84,500
2026-01-10Listing removed$99,000
2025-11-06Price change$99,000
2025-06-28Price change$119,000
2025-05-07Price change$131,000
2025-03-06Price change$136,000
2024-12-31Listed for sale$142,500
2011-07-25Sold--
2008-10-27Sold--
2005-02-07Sold--

For Sale by Agent

AgentBambi Hinson
BrokerageBrasher Group

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