Two Detached Rental Homes
For Sale
$80,000
1228 S Railroad Ave, Opelousas, LA 70570
MULTI_FAMILY - Opelousas, LA
Property Size800 SF
Lot Size100.00 Acres
Price / SF$100
Days on Market58
Property Features for 1228 S Railroad Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Laundry Room, Bedroom 2
View
City
High school district
St Landry Parish
Directions
In Opelousas, both homes are located on the corner of S Railroad Ave and Bertheaud Ave.
Standard status
Active
APN
0100290750
Size
800 SF
Lot size
100.00 Acres
Building Details
Year built
1968
Floors in Building
1
Flooring type
Vinyl
Building materials
Wood Siding
Roof type
Metal
Listing Agency:
Capital Trust Home Services Company
(337) 453-0494
Listed By:
Ethel Carter
(337) 240-6163
Added: Jun 9
Changed: Aug 4
Last Checked: Aug 5 at 12:06AM
MLS# 11803222
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.
Investment Insights
Based on property information with market context.
Fully occupied investment duplex featuring two detached rental homes located at 1228 and 1232 S. Railroad Ave in the City of Opelousas. Both homes are currently rented, providing on-site income from day one.
The property includes wood siding construction, vinyl flooring, and metal roofing. Built in 1968, the rental homes include bedroom and bathroom space plus a dedicated laundry room.
The site is listed at 100 acres with a total property size of 800 square feet. Scheduled showings are available for qualified buyers or tenants seeking a two-home rental setup.
The property includes wood siding construction, vinyl flooring, and metal roofing. Built in 1968, the rental homes include bedroom and bathroom space plus a dedicated laundry room.
The site is listed at 100 acres with a total property size of 800 square feet. Scheduled showings are available for qualified buyers or tenants seeking a two-home rental setup.
Key Highlights
- Fully occupied duplex with two detached rental homes at 1228 and 1232 S. Railroad Ave
- Both units currently rented
- Wood siding exterior
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 | $6.9k | $8.64 |
| − Vacancy | −$346 | −$0.43 |
| EGI | $6.6k | $8.21 |
| − OpEx | −$2.0k | −$2.46 |
| NOI | $4.6k | $5.75 |
800 SF · lease $8.64/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$65.7K
$57.5K – $76.6K
NOI $4,596 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$60.6K
$53.0K – $70.7K
NOI $4,241 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$120.7K
$105.6K – $140.8K
NOI $8,448 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Explore this area
Business Placement
Demographics for 70570, LA
38,746
Population
17,099
Households
2.3
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
171.8 sq mi
ZIP Area
226
Density / Sq Mi
$45,276
Median Household Income
$33,090
Median Earnings
$764
Median Rent
$151,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with two detached rental homes and metal roofing, wood siding, and vinyl flooring.
Where is this duplex located?
The property is located at 1228 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 duplex with two detached rental homes at 1228 and 1232 S. Railroad Ave; Both units currently rented; Wood siding exterior
