Movoto Real Estate
Sold on 04/15/2025
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97-103 Trace Loop, Mandeville, LA 70448

  • $525,000

    Last sold 04/15/2025 after 175 Days

  • 12

    bed

  • 8

    bath

  • 4,100

    Sqft ($128/Sqft)

Multi-family not for sale
Movoto is helping 17 homebuyers near you

About 97-103 Trace Loop

Property type Multi-family
HOA fee $0/month
Lot size 0.27 Acre
Property description
Excellent Investment opportunity in the popular Greenleaves subdivision! This property consists of four spacious units totaling over 4000 square feet, each with 3 bedrooms and 2 bathrooms. All 4 units are professionally managed with qualified tenants in place with adjustable rents. Each unit includes features such as a wood-burning fireplace and in-unit laundry hookups with 3 of the 4 just renovated within the last 2 years with fresh paint, new LVP flooring, refreshed cabinets, and more. There is ample tenant and visitor parking along with a open park-like rear yard for tenants to enjoy. Recent property updates include new electrical panels and newer AC units both inside and out. The complex is in an area with walking paths, bike trails, ponds, and parks, and is just minutes from I-12, the Causeway, Lakefront, Old Mandeville shops and restaurants, the Trace, and popular music and community events, as well as being in a high-demand school district.With so much to offer, this could be the perfect property to add to your portfolio or help to start your reaching your investment goals!
Listed by
Listing Agent - Wayne Songy
Listing Office - Wayne Songy & Associates
Source: REALTOR® Association of Acadiana mls logo
MLS#NO2472876 • last updated 1 month ago
Movoto checked REALTOR® Association of Acadiana for data 30 minutes ago
Overview
Cooling/AC Central Air
Heating Central
Levels/Style Unit 1(Other), Unit 2(Other), Unit 3(Other), Unit 4(Other), 2
SqFt 4100
Status Sold
MLS # NO2472876
Lot Size (Acres) 0.2704
Lot Size (Sqft) 11780
HOA Fee Quarterly
Interior
Total # of Bathrooms 8
# of Full Baths 8
Total # of Bedrooms 12
Exterior
Construction Other
Roof Composition
Foundation Slab
Parking Parking Lot
Location
Subdivision Greenleaves Trace
APN 49214
Directions Bounding Streets: Greenleaves Blvd.
Multifamily Details
Total # of Units 4
Total Rent 4800
We are not permitted to show value estimates for this property.
  • Apr 2026
    mls logo MLS # NO2472876
  • Apr 28, 2026 Sold
    $525,000 (+1.0%)
  • Oct 21, 2024 Listed
    $549,000 (-5.2%)
  • Apr 2026
    mls logo MLS # NO2316120
  • Apr 24, 2026 Sold
    $520,000 (-5.3%)
  • Sep 28, 2021 Listed
    $565,000
  • Mar 2025
    mls logo MLS # 2472876
  • Mar 12, 2025 Pending
  • Feb 12, 2025 Price Change
    $549,000 (-2.7%)
  • Dec 11, 2024 Listed
  • Dec 1, 2024 Pending
  • Nov 12, 2024 Price Change
    $564,000 (+2.7%)
  • Oct 21, 2024 Listed
    $579,000
  • Sep 2024
    mls logo MLS # 2435743
  • Sep 13, 2024 Price Change
    $579,000 (-1.7%)
  • Jul 9, 2024 Price Change
    $589,000 (-1.7%)
  • Mar 22, 2024 Listed
  • Mar 11, 2024 Active
  • Feb 26, 2024 Listed
    $599,000 (+6.0%)
  • 97-103 Trace Loop
    $525K
  • 70448
    $385K +1% y/y
  • Mandeville
    $415K +5% y/y
No chart available
Statistics calculated by Movoto

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7/10
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Source: GreatSchools.org © 2026. All rights reserved.

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