Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5435 Mire Hwy Rayne, LA 70578

    For Sale
    $90,000

    Residential Multi Family, Other - Rayne, LA

    Property size:
    1,870 SF
    Lot size:
    0.34 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 11 at 1:06 pm

    Property Features for 5435 Mire Hwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    Size
    1,870 SF
    Lot size
    0.34 Acres

    Building Details

    Architectural style
    Other

    NextHome, Inc

    Listing agent Jessica Lafitte Landry (337) 484-1184 License #995696889,PersonLicenseNumber

    Listing date Dec 4, 2025

    MLS# 2500004146 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rayne Multi-Family Investment Opportunity

    This offering presents an investor's opportunity in Mire, Louisiana, featuring two rental properties situated side-by-side on Mire Highway. The properties, offered together, provide potential for steady cash flow and future value appreciation. One property, located at 5435 Mire Hwy, is an 884 square foot home with 2 bedrooms and 1 bathroom, situated on a 7,500 square foot lot. This home is pier-set and currently leases for $450 per month. The adjacent property, located at 5443 Mire Hwy, is a 986 square foot home with 2 bedrooms and 1 bathroom, also situated on a 7,500 square foot lot. This home features updated flooring throughout and leases for $550 per month. The combined square footage of both properties is 1,870 square feet, situated on a combined lot size of approximately 0.34 acres. The side-by-side location of the properties facilitates convenient management and maintenance. The combined rental income from both properties offers immediate returns and growth opportunities.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Accounting Firm Kitchen & Bath Bar & Pub Convenience Store Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Rayne
    County
    Acadia
    State
    Louisiana
    Longitude
    -92.19369507
    Latitude
    30.29754639

    Nearby Similar for Sale

    • $465,000
      45,231 SF

      Former Hospital on 3.97 Acres

      45,231 SF former hospital on 3.97 acres for sale.
      301 S Chevis St, Rayne, LA 70578
      View Details
    • $60,000
      0.67 Acres

      Rayne, LA Silos and Land

      Land with silos, suitable for grain or redevelopment in Rayne.
      Tbd Eastern St, Rayne, LA 70578
      View Details
    • $85,000
      4,000 SF

      Versatile Property with Living Accommodations

      Property with business and residential potential in Rayne, Louisiana.
      812 6Th St, Rayne, LA 70578
      View Details
    • $162,000
      3,631 SF

      Rayne Multifamily Investment Opportunity

      Three income-producing properties in Mire, Louisiana, offered as an investor package.
      7384 Grand Prairie Hwy, Rayne, LA 70578
      View Details
    • $2,575,000
      85,805 SF

      Rayne Warehouse: Prime Industrial Site

      85,805 SF Warehouse, Excellent Condition
      700 Texas Ave, Rayne, LA 70578
      View Details

    FAQs

    What type of property is this?
    Single family property - Two residential rental properties in Rayne, Louisiana, for sale.
    Where is this single family property located?
    The property is located at 5435 Mire Hwy Rayne, LA.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: - Two properties offered together for steady cash flow.; - Combined rental income provides immediate returns.; - 5443 Mire Hwy features updated flooring.
    (337) 484-1184
    Request Owner's contact information
    5435 Mire Hwy Rayne, LA 70578
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5435 Mire Hwy
    Rayne, LA 70578
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5435 Mire Hwy Rayne, LA 70578
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.