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46434 W Lee Hughes Rd, Hammond, LA, 70401

2beds
1baths
17,513sqft
$2,150,000
$123price/sqft
$15,295/moest. monthly cost
$611,800/yrincome needed

About This Home

Located in the heart of Hammond, Westview Village Apartments at 46434 W. Lee Hughes Road presents an outstanding multifamily investment opportunity featuring 24 fully occupied units, each offering 2 bedrooms and 1 bathroom. Situated on approximately 1.85 acres, this well-maintained complex consists of three buildings constructed on concrete slabs with attractive brick and vinyl siding exteriors. The asphalt shingle roofs were replaced approximately three years ago, providing added value and peace of mind for future ownership. The property offers desirable tenant amenities including an on-site coin-operated laundry facility and eight additional storage units currently utilized by ownership, creating potential for additional rental income. A large concrete parking area provides convenient access and ample parking for residents and guests alike. Utilities include parish water service with a single master meter, a septic sewer system, and there is an office space available for ownership as well. Westview Village benefits from a highly convenient location just minutes from Interstate 55 and Interstate 12, allowing easy commutes to both Baton Rouge and New Orleans. The property is also located near Southeastern Louisiana University, local schools, shopping, restaurants, medical facilities, parks, and numerous everyday conveniences, making it highly attractive to tenants. With strong occupancy, a stable tenant base, and opportunities for increased revenue, Westview Village offers investors a reliable income-producing asset in one of Tangipahoa Parish’s most desirable rental markets. 7% CAP!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

3/10
4/10
3/10
Midway Elementary SchoolGrades PK-33.6 mi

Construction

Condition

  • Property condition: Very Good Condition
  • Year built: 1998

Materials

  • Foundation: Slab
  • Roof: Asbestos Shingle,Shingle
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family,Apartment

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 24

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 17,513 sqft

Property

Accessibility

  • Accessibility features: Accessibility Features

Details

  • Parcel number: 05988519
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Fence

Lot

  • Lot size: 1.85 Acres
  • Features: 1 to 5 Acres,Outside City Limits,Oversized Lot
  • Lot size dimensions: 151 x 473 x 148 x 138 x 20 x 654

Parking

  • Parking features: Parking Lot

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

  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Heat Wave
Inland Flooding
Lightning
Tornado
Hail
Strong Wind
Tsunami

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 $10,871$130,452
Home Insurance *$2,491$29,892
Property Taxes $609$7,308
Electricity $1,324$15,889
Total$15,295$183,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$524,400/yr
40% on housing$458,850/yr
45% on housing$407,866/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: 14.4%
14.4%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: -3.5%
-3.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$123This listing

vs Other Active Listings

Avg $/sqft

ZIP 70401$141
Tangipahoa Parish$129

vs Homes Sold Last Month

Median $/sqft

ZIP 70401$131
Tangipahoa Parish$139

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
2026-05-21Listed for sale$2,150,000

For Sale by Agent

AgentSergio Mesa
BrokerageElite Real Estate Advisors 

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