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About This Home

This 8-bedroom, 0-bathroom residential multi family at 321 S Academy Street in Opelousas, LA is listed for $277,900 ($56 per sqft). the home offers 5,000 sqft of living space on a 0.44 acres lot.

Agent Description

Presenting a fantastic investment opportunity in a prime location! This 5-unit apartment complex is conveniently situated near I-49, within walking distance to stores and restaurants, making it an appealing choice for tenants seeking convenience and accessibility.

Currently, the units are being rented below market value, presenting a golden opportunity for increased monthly yields. With a bit of strategic management, you can maximize profits and enhance the overall value of this property. This potential for growth is a significant advantage for savvy investors.

The complex is located on a corner lot, providing not only visibility but also ample space for expansion. There's room to add additional units, further increasing your investment potential. Imagine the possibilities of developing more rental spaces to cater to the growing demand in the area!

This apartment complex is not just a property; it's a stepping stone to greater financial growth. With its strategic location, under-market rentals, and expansion possibilities, this investment opportunity is one you won't want to miss!

Key Features

  • 0.44 acre lot
  • 11 parking spaces

Property Details

4 full
11 spaces

Amenities

A/C

Monthly Cost Estimate

$1,486/mo

20% down · 6.5% · 30 years

Principal$201
Interest$1,204
Insurance$81

Estimates only. Actual payments may vary.

Location

321 S Academy Street

Opelousas, LA 70570

Features & Amenities

Interior Features

Electric Stove Connection

Property Details

Flooring

Tile

Construction

Brick

Parking

Parking Lot

Cooling

Window Unit(s)

Appliances

RefrigeratorElectric Range

Questions & Answers

This 8-bedroom, 0-bathroom residential multi family at 321 S Academy Street is listed at $277,900 ($56/sqft). The estimated monthly payment is $1,204 based on 20% down at 6.5% interest.

Key features include: 0.44 acre lot, 11 parking spaces. Interior Features: Electric Stove Connection.

This property is listed by Toni L Effingger and can be reached at 3377935738 or teffingger@remax.net.

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TE

Toni L Effingger

Agent at RE/MAX Excellence

(337) 793-5738

Listed by RE/MAX Excellence · View on Broker Site

MLS# 2020023979· Source: listhub· Updated 326 days ago

Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

321 S Academy Street, Opelousas, LA 70570

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