Two-Home Residential Investment
1228 S Railroad Ave Opelousas, LA 70570
For Sale
$80,000
MULTI_FAMILY - Opelousas, LA
Property Size800 SF
Lot Size100.00 Acres
Price / SF$100
Days on Market52
Property Features for 1228 S Railroad Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Rooms
Bedroom 1, Bathroom 1, Bedroom 2, Laundry Room
Standard status
Active
APN
0100290750
Size
800 SF
Lot size
100.00 Acres
Building Details
Year built
1968
Floors in Building
1
Flooring type
Vinyl
Building materials
Wood Siding
Roof type
Metal
Listing Agency:
Capital Trust Home Services Company
(337) 453-0494
Listed By:
Ethel Carter
(337) 240-6163
Added: Jun 9
Changed: Jul 30
Last Checked: Jul 30 at 2:06AM
MLS# 11803222
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale residential income property includes two detached rental homes located at 1228 and 1232 S. Railroad Ave. The units are fully occupied, with both homes currently rented, providing immediate rental income.
The property is situated in Opelousas, within Saint Landry Parish, Louisiana. As a two-home investment setup, it offers a straightforward way to own multiple income-producing residences under one ownership.
Because both units are presently leased, the property’s current configuration supports ongoing tenant occupancy at the time of sale.
The property is situated in Opelousas, within Saint Landry Parish, Louisiana. As a two-home investment setup, it offers a straightforward way to own multiple income-producing residences under one ownership.
Because both units are presently leased, the property’s current configuration supports ongoing tenant occupancy at the time of sale.
Key Highlights
- Two detached rental homes at 1228 and 1232 S. Railroad Ave. in the City of Opelousas
- Fully occupied investment property with both units currently rented
- Immediate cash flow with both units generating rental income
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $6.9k | $8.64 |
| − Vacancy | −$346 | −$0.43 |
| EGI | $6.6k | $8.21 |
| − OpEx | −$2.0k | −$2.46 |
| NOI | $4.6k | $5.75 |
800 SF · lease $8.64/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$65.7K
$57.5K – $76.6K
NOI $4,596 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$60.6K
$53.0K – $70.7K
NOI $4,241 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$120.7K
$105.6K – $140.8K
NOI $8,448 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two fully detached rental homes are included and currently rented at 1228 and 1232 S. Railroad Ave.
Where is this duplex located?
The property is located at 1228 S Railroad Ave Opelousas, LA.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Two detached rental homes at 1228 and 1232 S. Railroad Ave. in the City of Opelousas; Fully occupied investment property with both units currently rented; Immediate cash flow with both units generating rental income
