97 103 Trace Loop
Mandeville, LA 70448
- 12 beds
- 8 baths
- 4,070 sqft
- $128 per sqft
- 1983 build
More homes
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!
Last checked:
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Last updated Apr 15, 2025
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MLS# 2472876 —
The Building
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Year Built:1983
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Architectural Style:Traditional
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Building Area Source:Appraiser
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Roof:Shingle
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Foundation:Slab
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Levels:Two
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Stories:2
Interior
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Living Area:4070
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Living Area Source:Appraiser
Location
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Cross Street:Greenleaves Blvd.
The Property
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Parcel Number:49214
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Property Condition:Very Good Condition
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Lot Features:City Lot, Rectangular Lot
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Lot Size Dimensions:95 X 124
Listing Agent
- Contact info:
- Agent phone:
- (504) 455-4500
- Office phone:
- (504) 455-4500
Taxes
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Tax Lot:43
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Tax Legal Description:Lot 43 Greenleaves Trace PH 3 CB 1225 129 CB 1340 430 INST NO 893700 INST NO 925690 INST NO 976883 INST NO 1160402 INST NO 1227515 INST NO 1465089
Beds
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Bedrooms Total:12
Baths
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Full Baths:8
The Listing
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Current Price:$525,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:Yes
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Cooling:Central Air
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Woodlake
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Middle School:Gayle Sloan
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High School:Fontainebleau
The Community
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Subdivision Name:Greenleaves Trace
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Pool Features:None
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Association Fee Frequency:Quarterly
Parking
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Parking Features:Parking Lot
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/14/25
Apr 14, 2025
|
Sold | GSREIN | $525,000 | -4.4% |
|
3/12/25
Mar 12, 2025
|
Pending | GSREIN | $549,000 | |
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2/12/25
Feb 12, 2025
|
Price Changed | GSREIN | $549,000 | -2.7% |
