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509 Park Avenue, 
Franklin, LA 70538

$105,000

3

Beds

2

Baths

2,404

Sq Ft

Single Family

Active

Listed by

Steven Mora

Compass

337-233-9700

Last updated:

March 3, 2026, 07:23 AM

MLS#

2500006988

Source:

LA RAAMLS

About This Home

509 Park Avenue

This home is waiting for the right owner to make it PERFECT! The bones are in tact and just need some cosmetic attention. This property can be flipped or used as an income generating opportunity. This property is near to schools, not far from Main Street, shopping and restaurants. A good power washing and some elbow grease will get this place looking great again! The 1st 15 days of listing period the property is Exclusively available for sale to Owner-Occupant Buyers, HUD-approved Nonprofits, and Governmental Entities and after the expiration of 15 days it is available for sale for any other investor.Investors:Investor Opportunity - Buy & Hold PotentialBank-owned property being sold as-is, where-is. Ideal opportunity for buy-and-hold investors seeking long-term rental income.Property is located in a stable rental corridor with consistent tenant demand. Comparable rentals in the area support strong monthly cash flow.Features favorable to long-term ownership including durable construction, manageable square footage, and utility access. Flood zone X.Suitable for conventional, renovation, or cash buyers. No repairs will be made by seller. Buyer to verify condition, zoning, and rental regulations.Contact listing agent for any questions.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1965

Price Summary

105,000

$43 per Sq. Ft.

MLS #:

2500006988

Last Updated:

March 3, 2026, 07:23 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,404 Sq. Ft.

Structure

Structure

Architectural Style:

Ranch

Building Area:

2,404 Sq. Ft.

Year Built:

1965

Lot

Lot Size (Sq. Ft):

10,018

Finances & Disclosures

Finances

Price:

$105,000

Price per Sq. Ft:

$43 per Sq. Ft.

Source:LA RAAMLS
The information being provided by REALTOR® Association Of Acadiana Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 REALTOR® Association Of Acadiana Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.