# 321 S Academy Street, Opelousas, LA 70570

> **TL;DR:** 8bd/0ba residential multi family, $277,900 ($56/sqft), 5,000 sqft.
> A/C. Est. $1,204/mo. Listed 326 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $277,900 |
| Price/sqft | $56 |
| Bedrooms | 8 |
| Square Feet | 5,000 |
| Lot Size | 19,166 sqft (0.44 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 326 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,204 |
| **Total** | **$1,204** |

## Nearby Schools

- **Elementary:** Call School Board
- **Middle:** Opelousas
- **High:** Opelousas

## Key Amenities

- A/C

## Property Highlights

- 0.44 acre lot
- 11 parking spaces

## Description

### 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!

## Location

- **Address:** 321 S Academy Street, Opelousas, LA 70570
- **County:** St. Landry
- **Coordinates:** 30.53085, -92.0754
- **Google Maps:** https://www.google.com/maps?q=30.53085,-92.0754

## Listing Agent

- **Name:** Toni L Effingger
- **Brokerage:** RE/MAX Excellence
- **Phone:** 3377935738
- **Email:** teffingger@remax.net

## Primary Photo

![321 S Academy Street - Primary Photo](http://lh.rdcpix.com/eff604e7721e9479e487bdda48f174e5l-f1264440640r.jpg)

*11 total photos available on [listing page](https://www.propertysimple.com/listing/321-s-academy-street-opelousas-la-70570-20023979)*

---

**MLS#:** 2020023979 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/321-s-academy-street-opelousas-la-70570-20023979)

---

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