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    Fully Occupied Two-Home Rental Property Title is generated by Realmo AI

    1228 and 1232 S Railroad Ave, Opelousas, LA 70570

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    Claim this Listing
    For Sale
    $80,000

    Multi-Unit (2-4), Cottage - Opelousas, LA

    Property size:
    800 SF
    Lot size:
    100.00 Acres
    Price / SF:
    $100/SF
    Added:
    Jun 9, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 18 at 9:06 am

    Property Features for 1228 and 1232 S Railroad Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    100
    Bedrooms
    2
    Bathrooms
    1
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2, Dining Room, Laundry, Living Room
    Parking features
    Garage
    Interior features
    Corner Unit
    Exterior features
    Corner Unit
    Standard status
    Active
    APN
    0100290750
    Size
    800 SF
    Lot size
    100.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Year built
    1968
    Year renovated
    1968
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Wood Siding
    Roof type
    Metal
    Architectural style
    Cottage

    We can help!

    Listing Contact
    Ethel Carter

    Listing agent Ethel Carter

    Listing office Capital Trust Home Services Company 100 Beauvais Ave, Lafayette, LA

    Listing date Jun 9, 2026

    MLS# 11803222 Listing URL

    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.

    HighLights

    • Fully occupied investment property with two detached rental homes at 1228 and 1232 S. Railroad Ave in Opelousas
    • Both units are currently rented, providing immediate cash flow
    • Built in 1968 with cottage‑style construction
    • Exterior features wood siding and a metal roof
    • Vinyl flooring throughout
    • Garage parking available; corner unit layout

    Overview

    This offering includes two detached rental homes, listed at 1228 and 1232 S. Railroad Ave. The property is fully occupied, with both units currently rented. It is presented as an investment asset suitable for buyers looking to acquire an income-generating residential setup with multiple houses on the same offering.

    The properties are located in the City of Opelousas, Louisiana, within the postal area of 70570. The listing identifies the overall lot size as 100 acres and the property size as 800 square feet. Zoning is provided as 100.

    For investors or owner-operators who prefer a turn-key residential rental structure, this configuration provides two separate detached homes under one purchase. Because the units are currently rented and described as fully occupied, the buyer is acquiring a working rental portfolio rather than a vacant property. Schedule a showing to review the homes and confirm details of the current tenancy and overall layout before making a purchase decision.

    Local Financial Insights For Apartment 5plus

    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 $8.2k $10.20
    − Vacancy −$449 −$0.56
    EGI $7.7k $9.64
    − OpEx −$3.5k −$4.34
    NOI $4.2k $5.30
    800 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $60.6K
    $53.0K – $70.7K (±1% cap)
    NOI $4,241 @ 7.0% cap · market cap 5.30%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $120.7K
    $105.6K – $140.8K (±1% cap)
    NOI $8,448 @ 7.0% cap · market cap 10.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Accounting Firm Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Opelousas
    County
    St. Landry
    State
    Louisiana
    Longitude
    -92.090287
    Latitude
    30.522795

    FAQs

    What type of property is this?
    Single family property - Two detached rental homes are fully occupied and currently rented, offering an income-focused residential investment.
    Where is this single family property located?
    The property is located at 1228 and 1232 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: Fully occupied investment property with two detached rental homes at 1228 and 1232 S. Railroad Ave in Opelousas; Both units are currently rented, providing immediate cash flow; Built in 1968 with cottage‑style construction
    More about this property
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