321 S Academy Street, Opelousas, LA 70570

Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
321 S Academy Street,Opelousas, LA 70570
$279,000
  • 8 Beds
  • 4 Baths
  • 5,000 sq. ft.
  • Multi-family
  • Active
Listed by: toni l effingger
Office: re/max excellence
MLS#:2020023979
Source:LA_RAAMLS

Price summary

  • Price:$279,000
  • Price per sq. ft.:$55.8

About this home

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

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Home facts

  • Listing ID #:2020023979
  • Added:225 day(s) ago
  • Updated:December 31, 2025 at 05:11 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:5,000 sq. ft.

Heating and cooling

  • Cooling:AC Unit(s), Window Unit(s)
  • Heating:Heat Unit(s)

Structure and exterior

  • Roof:Composition
  • Building area:5,000 sq. ft.
  • Lot area:0.44 Acres

Schools

  • High school:Opelousas
  • Middle school:Opelousas
  • Elementary school:Call School Board

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$279,000
  • Price per sq. ft.:$55.8

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