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8-Unit Apartment Building
For Sale
$200,000

118 W CYPRESS STREET, Bastrop, LA 71220

RESIDENTIAL INCOME, Bastrop, LA

Property SizeContact for details
Days on Market132

Property Features for 118 W CYPRESS STREET

General Information

Property type Residential Multi Family
Property subtype Apartment
Interior features Smoke Detector
Exterior features Paved Street
Appliances Washer/Dryer Connect
Directions 2 BLKS NORTH OF COURTHOUSE, ON CYPRESS ST, JUST OFF NORTH WASHINGTON.
Subdivision 501 Bastrop & Morehouse Parish
Standard status Active
APN 01400/002/0000C

Taxes and HOA fees

Tax Description BEG AT 235 FT W OF W SIDE OF SIDEWALK ON WASHINGTON ST & S'N BD'Y OF BL 32 ORIG TOWN SD PT BEING SW COR OF LOT SOLD TO A S MCMEANS, TH RUN N ON W BD'Y
Legal Description BEG AT 235 FT W OF W SIDE OF SIDEWALK ON WASHINGTON ST & S'N BD'Y OF BL 32 ORIG TOWN SD PT BEING SW COR OF LOT SOLD TO A S MCMEANS, TH RUN N ON W BD'Y

Utilities

Heating system Electric (Heating)
Cooling system Multi Units
Water source Public

Building Details

Number of units 8
Roof type Flat
Listing Agency: Home2U Realty, LLC
Listed By: Bridget Snyder · License #995700317
Added: May 5 Changed: Sep 9 Last Checked: Sep 13 at 9:06PM
MLS# 219279

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 8-unit apartment property is currently 100% occupied and generating income. The building includes washer/dryer connections, electric heating, multi-unit cooling, smoke detectors, and a flat roof. Public water serves the property, and the site fronts a paved street.

Located at 118 W Cypress Street in Bastrop, Louisiana, the property offers an established multifamily configuration with all eight units occupied. The combination of existing occupancy, utility service, and basic residential features provides a straightforward apartment asset profile.

Key Highlights

  • 8‑unit apartment complex
  • 100% occupied and generating income
  • Public water service

Property Analytics

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Current Use

Apartment buildings

Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

477
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Fully occupied property with public water, paved street access, and washer/dryer connections.
Where is this apartment building located?
The property is located at 118 W CYPRESS STREET Bastrop, LA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 8‑unit apartment complex; 100% occupied and generating income; Public water service
More about this property
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