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Multi-Family Apartment Building
For Sale
$500,000

517 MCCREIGHT STREET, Bastrop, LA 71220

MULTI_FAMILY - Bastrop, LA

Property SizeContact for details
Days on Market117

Property Features for 517 MCCREIGHT STREET

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Porch
Exterior features Paved Street
Directions Contact Agent
Subdivision 501 Bastrop & Morehouse Parish
Standard status Active
APN 03201/006/00005

Taxes and HOA fees

Tax Description Multiple properties/multiple legals
Legal Description Multiple properties/multiple legals

Utilities

Cooling system Multi Units
Water source Public

Building Details

Number of units 15
Roof type Shingle
Listing Agency: Home2U Realty, LLC
Listed By: Bridget Snyder · License #995700317
Added: May 5 Changed: Jul 16 Last Checked: Aug 29 at 10:06AM
MLS# 219278

Copyright © 2026 Northeast Louisiana Association of REALTORS. 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 multifamily portfolio consists of 15 individual properties. The mix includes one vacant lot with potential, and 14 frame units set on piers, each described as offering 2–3 bedroom layouts. The offering is currently 66% occupied and generating income, though several units will require some work.

The properties are located at 517 McCreight Street in Bastrop, Louisiana (71220). Tenant showings are restricted to protect residents, and a minimum 24-hour notice is required. No showings are permitted without prequalification or proof of funds, and buyers are asked not to disturb tenants.

For investors or buyers seeking a residential income package with both occupied units and an additional vacant lot, this structure can support a range of property management and renovation approaches. Because the seller notes that several units need work, prospective buyers should plan for rehabilitation and confirm scope during due diligence. Serious buyers should coordinate directly with the listing agent to schedule any viewings in accordance with the notice and qualification requirements.

Key Highlights

  • 15 individual properties included, with one unit identified as a vacant lot with potential
  • 14 units are frame on piers and range from 2–3 bedrooms
  • Currently 66% occupied and generating income

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Skin Care Clinic Gym & Fitness Center Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
66%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby

Demographics for 71220, LA

21,154
Population
9,425
Households
2.2
Avg Household Size
41
Median Age
11%
College-Educated
84%
High-School Grad
373.6 sq mi
ZIP Area
57
Density / Sq Mi
$36,186
Median Household Income
$27,890
Median Earnings
$819
Median Rent
$100,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Package includes multiple residential units and a vacant lot, with several units needing work.
Where is this apartment building located?
The property is located at 517 MCCREIGHT STREET Bastrop, LA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 15 individual properties included, with one unit identified as a vacant lot with potential; 14 units are frame on piers and range from 2–3 bedrooms; Currently 66% occupied and generating income
More about this property
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