321 S Academy Street, Opelousas, LA 70570 (MLS # 2020023979)
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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!
| DAYS ON MARKET | 5 | LAST UPDATED | 5/21/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 0 |
| COMMUNITY | L2 | COUNTY | St Landry |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Call School Board |
|---|---|
| Jr. High School | Opelousas |
| High School | Opelousas |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Cooktop, Electric Range, Refrigerator |
| AREA | L2 |
| CONSTRUCTION | Brick Veneer, Frame |
| GARAGE | Attached Garage, Yes |
| HEAT | Other |
| LOT | 0.44 acre(s) |
| LOT DIMENSIONS | 130.5 x 148.1 |
| PARKING | Attached, Parking Lot |
| SEWER | Public Sewer |
| SUBDIVISION | None |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with RE/MAX Excellence
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana’ MLS. Real Estate listings held by brokerage firms other than Dwight Andrus Real Estate Agency, LLC are marked with the MLS approved icon for IDX (a little black house).
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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This IDX solution is (c) Diverse Solutions 2025.
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