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    Four-Unit Residential Income Property Title is generated by Realmo AI

    213 W Vine Street, Opelousas, LA 70570

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    New
    For Sale
    $280,000

    MULTI_FAMILY - Opelousas, LA

    Property size:
    4,142 SF
    Price / SF:
    $67/SF
    Added:
    Jun 15, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 16 at 8:06 pm

    Property Features for 213 W Vine Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    6
    Standard status
    Active
    APN
    0103406530
    Size
    4,142 SF

    Taxes and HOA fees

    Tax Description
    1 LOT (90X169.7) OPELOUSAS ORIGINAL TOWN N VINE ST S LACOMBE E MARKET ST W MAMALAKIS FRONTING 90' ON MARKET ST 1217397

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Number of units
    4
    Building materials
    Wood Siding

    We can help!

    Listing Contact
    Lindsey Reed

    Listing agent Lindsey Reed License #0912123604

    Listing office Real Broker, LLC 300 Rue Beauregard, Unit I, Baton Rouge, LA

    Listing date Jun 15, 2026

    MLS# 2600005380 Listing URL

    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.

    HighLights

    • Investor package with 4 homes for sale: 213 W Vine, 217 W Vine, 304 S Market, and 308 S Market
    • Most tenants are currently occupied (per public remarks)
    • Wood siding construction materials
    • Electric heating
    • Window unit(s) cooling
    • Public water source

    Overview

    This sale presents an investor package consisting of four residential homes for sale. The properties are listed with addresses including 213 W Vine, 217 W Vine, 304 S Market, and 308 S Market. The offering is described as having most tenant occupancy in place.

    The homes are located in Opelousas, Louisiana, in St. Landry Parish. The package includes multiple addresses along W Vine Street and S Market, providing a consolidated set of residential units under one ownership opportunity.

    For investors or buyers looking for a small residential portfolio, this configuration can offer the advantage of acquiring four homes together rather than separately. With most tenant occupied, the properties may provide immediate in-place tenancy. Interested parties should contact the listing agent for additional details on the specific units included in the package and current occupancy status.

    Local 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 $35.8k $8.64
    − Vacancy −$1.8k −$0.43
    EGI $34.0k $8.21
    − OpEx −$10.2k −$2.46
    NOI $23.8k $5.75
    4,142 SF · lease $8.64/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $340.0K
    $297.5K – $396.6K (±1% cap)
    NOI $23,798 @ 7.0% cap · market cap 8.50%
    Second Best
    Apartment 5plus
    $313.7K
    $274.5K – $366.0K (±1% cap)
    NOI $21,959 @ 7.0% cap · market cap 7.84%
    Theoretical Best
    Office A
    $624.9K
    $546.8K – $729.0K (±1% cap)
    NOI $43,740 @ 7.0% cap · market cap 15.62%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Opelousas
    County
    St. Landry
    State
    Louisiana
    Longitude
    -92.084774
    Latitude
    30.532047

    FAQs

    What type of property is this?
    Quadplex - Four residential homes are offered as an investor package, with most units currently tenant occupied.
    Where is this quadplex located?
    The property is located at 213 W Vine Street Opelousas, LA.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: Investor package with 4 homes for sale: 213 W Vine, 217 W Vine, 304 S Market, and 308 S Market; Most tenants are currently occupied (per public remarks); Wood siding construction materials
    More about this property
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