50 Whitmar Dr, Hammond, LA, 70401
About This Home
Exceptional Investment opportunity to acquire a 16-unit complex in the vicinity of Southeastern Louisiana University and downtown Hammond. Newer Roof, Newer Windows, City utilities, including water and sewer, are provided, with all-electric units and no gas. NO Carpet. High speed internet available with several providers to choose from. Kitchens are equipped with granite countertops, range/ovens, refrigerators. The property also features on-site coin laundry, adding an extra income stream. With long-term tenants ensuring steady income, this property is great for investors looking for a low-maintenance, high-demand rental asset. Front and back parking lots offers plenty of parking for tenants.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Very Good Condition
- Year built: 1992
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subType: Multi Family,Apartment
Interior
Appliances
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 22
- Bathrooms: 16
- Full bathrooms: 16
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 8,795 sqft
Property
Details
- Parcel number: 00992518
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Balcony,Porch
- Exterior features: Balcony,Porch,Permeable Paving
Lot
- Lot size: 0.34 Acres
- Features: City Lot,Oversized Lot
- Lot size dimensions: 100 x 150
Parking
- Parking features: Parking Lot,Driveway
- 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
- Inland Flooding
- Lightning
- Cold Wave
- Heat Wave
- Strong Wind
- Tornado
- 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 | $7,180 | $86,160 |
| Home Insurance * | $1,645 | $19,740 |
| Property Taxes | $402 | $4,824 |
| Electricity | $664 | $7,979 |
| Total | $9,891 | $118,692 |
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 |
|---|---|---|
| 2026-07-27 | Listed for sale | $1,420,000 |
| 2022-04-18 | Sold | -- |
| 2022-02-22 | Pending sale | $1,300,000 |
| 2022-02-03 | Listed for sale | $1,300,000 |
| 2018-12-17 | Sold | -- |
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