Penny Ln, Ruston, LA 71270
Property image
Property image
OFF MARKET

Penny Ln
Ruston, LA 71270

  • Studio

$244,900

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,316/mo*
Refinance Your Home

$244,900

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,316/mo*
Refinance Your Home
Studio
(on 2.35 acres)

Home Value

Trulia Estimate
$245K
Since last month
Increased$5K (+2.2%)
Since last year
Increased$13K (+5.6%)
Since last sale
Increased$10K (+4.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +6% in the last 10 years
MonthEstimated value
2026
August 2026$250K
July 2026$253K
June 2026$245K
May 2026$246K
April 2026$244K
March 2026$239K
February 2026$239K
January 2026$243K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
405 Barber Dr, Ruston, LA
0.46
Multi-Family Home
-
03/31/26
4
-
1,676
401 Barber Dr, Ruston, LA
0.41
Multi-Family Home
-
03/31/26
4
-
1,674
1706 Wade Dr, Ruston, LA
0.52
Multi-Family Home
-
12/10/25
3
-
1,452
1704 Wade Dr, Ruston, LA
0.52
Multi-Family Home
-
04/17/26
4
-
1,682
2705 W Barnett Springs Ave, Ruston, LA
0.77
Multi-Family Home
-
01/08/26
6
-
2,308
501 Everett St, Ruston, LA
0.83
Multi-Family Home
-
03/06/26
8
-
3,260
1438 Cooktown Rd, Ruston, LA
1.02
Multi-Family Home
-
12/05/25
3
-
-
1186 Cassidy Ln, Ruston, LA
1.02
Multi-Family Home
-
12/05/25
-
1,200
1501 Jewel St, Ruston, LA
1.07
Multi-Family Home
-
07/01/26
4
-
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
Martin Luther King Jr Ave, Ruston, LA 71270
0.10
-
-
-
-
Off Market
105 Scott Dr, Ruston, LA 71270
0.14
$257,100
3
1
1,878
Off Market
Scott Dr, Ruston, LA 71270
0.15
-
-
-
-
Off Market
318 University St, Ruston, LA 71270
0.32
-
3
2
1,286
Recently Sold
1610 Elizabeth Ave, Ruston, LA 71270
0.31
$233,700
3
2
1,466
Off Market
209 S Maple St, Ruston, LA 71270
0.36
$135,500
2
1
972
Off Market
1717 W Barnett Springs Ave, Ruston, LA 71270
0.39
$253,300
4
2
2,157
Off Market
204 S Maple St, Ruston, LA 71270
0.38
$228,600
3
2
1,320
Off Market
401 Barber Dr, Ruston, LA 71270
0.41
-
4
-
1,674
Recently Sold
134 S Maple St, Ruston, LA 71270
0.39
$227,500
3
2
1,320
Off Market
406 University Blvd, Ruston, LA 71270
0.44
-
3
2
1,735
Recently Sold

Local Information

  • Map ViewExplore the area around Penny Ln.
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Lot Size
2.35 acres
HOA
None

About this House

Don't miss this opportunity to build multi family housing across the street from Thomas Assembly Center on La Tech campus. There are 3 apartment complexes within sight of this building site and within walking distance to sporting events and class at LA Tech university. This property has 208 ft of road frontage. The flat portion of the property is in the back near the cul de sac. This parcel includes Penny Lane RD and a portion of the cul de sac. Creek is in the front of the property. Check out the video showing in the virtual tour link. Zoned R3 for multi family housing. Zoning requirements are in associated docs for agent access. House is adjacent to the property and does not sell with this investment property. Seller has pulled permits to complete dirt work by September 2024.
Penny Ln, Ruston, LA 71270 is a studio multi-family. It last sold for $240,000 on Dec 13, 2024 (4% below the $250,000 asking price). It is currently off market. The Trulia Estimate is $244,900, with a rent estimate of $1,143/month.

Home Details for Penny Ln

Interior Features

Appliances & Utilities
Utilities: Natural Gas Available, Sewer Available, Water Available, Electricity Available
Gas & Electric
Gas: AvailableHas Electric on Property

Exterior Features

Exterior Home Features
Fencing: None
Frontage
Waterfront: NoneRoad Surface Type: PavedNot on Waterfront

Property Information

Property Type / Style
Property Type: LandProperty Subtype: Multi Family, Unimproved Land
Property Information
Parcel Number: 22183138170

Price & Status

Price
List Price: $250,000

Active Status

MLS Status: SOLD

Media

Location

Direction & Address
City: RustonCommunity: Other

Lot Information

Lot Area: 2.35 Acres

Miscellaneous

Mls Number: 206992
Last check for updates: about 16 hours ago
Listed by Robyn Brown
Heritage Realty Group, LLC
Bought with: MLS NON, NON MLS
Source: NELAR, MLS#206992

Price and Tax history

DateEventPrice
Dec 13, 2024
Source: NELAR #206992
Sold
--
Feb 21, 2024
Source: NELAR #206992
PriceChange
$250,000
Price decreased by 6%
Aug 16, 2023
Source: NELAR #206992
Listed For Sale
$265,000

Market trends in Ruston

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
92
5MoM
Skip to last item
  • Results are loading
Skip to first item

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Ruston

At least 125 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 76 % Say it's dog friendly

  • 73 % Say yards are well-kept

  • 73 % Say parking is easy

  • 68 % Say there's holiday spirit

  • 54 % Say it's quiet

  • 51 % Say kids play outside

  • 49 % Say neighbors are friendly

  • 48 % Say there's wildlife

  • 46 % Say people would walk alone at night

  • 41 % Say streets are well-lit

  • 35 % Say there are sidewalks

  • 32 % Say they plan to stay for at least 5 years

  • 31 % Say it's walkable to restaurants

  • 29 % Say there are community events

  • 27 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Victoria huckaby
    "Ruston is an amazing place to live. I moved here 2 years ago and don’t ever want to go back to my hometown. People here are amazing"
    0
    Flag
  • Victoria huckaby
    "I love Ruston. I have been here a year and a half and everyone is so nice. I’m here to stay. Cant wait to try and do all the things"
    0
    Flag
  • Vskatz
    "Upscale small town that is very safe. Good restaurants, low crime and decent weather make it a safe place for families "
    0
    Flag
  • Jennifermamon14
    "There are not many sidewalks. There is a vet nearby. We don’t have a dog so I m not sure what a dog owner would it would not like. "
    6
    Flag
  • Lillie W. .
    "I’ve lived in this neighborhood for 6 months and love it. People are friendly. High school is great (School Performance Score 105.4 A). "
    1
    Flag
  • Brittany D.
    "The lack of dog parks. There aren’t many places to take your dog for excessive or play time. Also walking dogs in the sidewalk is also sketchy. Some of the sidewalks end at random points. "
    4
    Flag
  • Bert71268
    "Great place to raise your children. Ruston has a great new parks & recreation center. Louisiana Tech has multiple activities for children. "
    3
    Flag
  • Kathrynturner1960
    "Quite street no problems no speeding car going down the street the kids can play with neighbors kids. "
    4
    Flag
  • Katie H.
    "I can get anywhere in Ruston within 15 min. It’s a small town that is steadily growing with more things to do and more shopping. "
    0
    Flag
  • Avery Smith
    "Good neighborhood, I’ve been in Ruston for about two and a half years. It’s a lot of college kids but parties aren’t rampant like you would think, they mostly happen in fraternity houses. Where I live is quiet and nice, with a lot of new construction. Roads are pretty bad but other than that it’s a nice place to live."
    1
    Flag
  • Kadencepasson
    "My neighborhood is very quite and quaint and is an amazing place for small families and new college students "
    3
    Flag
  • Chastity S. B.
    "College is the only thing I love about the city when I come to Ruston Grambling State University. The people here are amazing."
    4
    Flag
  • Lacywaskom
    "How friendly everyone is. They are always waving and saying hi, and keeping up with everyone’s lives. I know my house is safe if I’m not home because someone would tell me if something were to happen. I love this community, I hope to never leave it "
    4
    Flag
  • Vskatz
    "I’ve lived here for 5 years and love this town. The mayor is very involved in moving Ruston forward. Very family oriented small town. "
    1
    Flag
  • Dekourtney D.
    "I've lived in this neighborhood for. long time I know all of my neighbors and we are all very close ..we pays close attention and pay attention to all strange activity that goes on around us"
    1
    Flag
  • Mary M.
    "This small neighborhood of custom homes offers a variety of architecture styles, large lots, mature trees - all inside the city limits, which means city utilities and convenience. Sidewalks make walking easy and friendly neighbors make it fun. Lovely place to live!"
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

13 pet-friendly rentals in Ruston, LA

Explore by feature - Garage

6 rentals with a garage in Ruston, LA

Explore by feature - Air Conditioning

30 rentals with air conditioning in Ruston, LA

Explore by feature - Washer/dryer

26 rentals with a washer/dryer in Ruston, LA

Explore by feature - Outdoor Space

6 rentals with an outdoor space in Ruston, LA

Homes for sale near Penny Ln

Skip to last item
Skip to first item

Off Market Homes Near Penny Ln

Skip to last item
Skip to first item

Frequently asked questions about Penny Ln

  • What is Penny Ln estimated to be worth?
    Trulia's estimated value for Penny Ln in Ruston, LA is $244,900.
  • What is the price history for Penny Ln?
    Penny Ln in Ruston, LA last sold in December 2024.
  • Is Ruston a buyer's or seller's market?
    Ruston is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Ruston?
    Residents describe Ruston, LA as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Ruston, LA.
  • Is there a virtual tour of Penny Ln?
    Yes, a virtual tour of Penny Ln in Ruston, LA is available.
Copyright 2026 NELAR. All rights reserved. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited.
Information contained on this site is believed to be reliable, yet users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither NELAR nor NELAR MLS makes any representation, guarantees, or information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.
The information being provided is for the consumer's personal, non-commercial use, end may not be used for any purpose other than to identify prospective properties, which consumers may be interested in purchasing. The user of this site is granted permission to copy a reasonable and limited number of copies to be used in satisfying the purposes identified in the preceding sentence.
By using this site, the consumer signifies their agreement with and acceptance of these terms and conditions. If you do not accept this policy; please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notices of such changes.