569 W 5th St, Independence, LA, 70443
About This Home
Discover a great investment opportunity or ideal multi-family residence at 569 W 5th Street in the heart of Independence, Louisiana. This duplex property features two spacious units, each offering 3 bedrooms, 1 full bath, a comfortable living room, a well-appointed kitchen, and convenient washer/dryer hookups — perfect for tenants seeking practical comfort and affordability. Located just minutes from Independence’s historic downtown district, residents enjoy easy access to local shops, restaurants, and essential services, while major retail centers and grocery stores are only a short drive away. The property is directly across the street from the Independence Police Station, offering peace of mind and an added sense of security. Commuters will appreciate the property’s close proximity to Interstate 55 and other main thoroughfares, providing seamless travel to nearby Hammond, Amite, and Baton Rouge. Local schools, parks, and community facilities are also just around the corner, making this an ideal location for families and long-term tenants alike. Whether you’re an investor looking for reliable rental income or a homeowner interested in occupying one unit while leasing the other, 569 W 5th Street combines convenience, functionality, and small-town charm in one appealing package.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Very Good Condition
- Year built: 2018
Materials
- Foundation: Slab
- Roof: Asphalt,Shingle
- Construction materials: Brick,Block
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Duplex,Multi Family,Multi Family
Interior
Appliances
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating & Cooling
- Heating features: Central,Dual System
- Cooling features: Central Air
Interior Area
- Total interior livable area: 2,450 sqft
Property
Details
- Parcel number: 00882607
- Special condition: None
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 7,997 sqft
- Features: City Lot,Rectangular Lot
- Lot size dimensions: 150 x 50
Parking
- Total spaces: 3
- Parking features: Driveway,Off Street,Three or more Spaces
- Has uncovered spaces: 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
- Hurricane
- Heat Wave
- Inland Flooding
- Lightning
- Tornado
- Cold Wave
- Hail
- Ice Storm
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Louisiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,011 | $12,132 |
| Home Insurance * | $236 | $2,832 |
| Property Taxes | $56 | $672 |
| Electricity | $185 | $2,222 |
| Total | $1,488 | $17,856 |
Income You'd Need if You Spent...
Louisiana FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-11 | Listed for sale | $200,000 |
| 2026-03-20 | Contingent | $200,000 |
| 2025-11-12 | Listed for sale | $200,000 |
| 2024-08-20 | Listing removed | -- |
| 2024-02-19 | Listed for sale | $175,000 |
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