Four-Unit Residential Income
213 W Vine Street Opelousas, LA 70570
213 W Vine Street, Opelousas, LA, 70570
$280,000
For Sale
$280,000
MULTI_FAMILY - Opelousas, LA
Property Size4,142 SF
Price / SF$67.60
Days on Market37
Property Features for 213 W Vine Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 6
- Standard status
- Active
- APN
- 0103406530
- Size
- 4,142 SF
Taxes and HOA fees
- Tax Description
- 1 LOT (90X169.7) OPELOUSAS ORIGINAL TOWN N VINE ST S LACOMBE E MARKET ST W MAMALAKIS FRONTING 90' ON MARKET ST 1217397
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Number of units
- 4
- Building materials
- Wood Siding
Listing Agency
Real Broker, LLC
(337) 534-0555
300 Rue Beauregard, Unit I, Baton Rouge, LA
Listed by
Lindsey Reed · License #0912123604
(337) 303-3987
Added: Jun 15 Updated: Jun 16 at 5:36 am Checked: Jul 21 at 4:06 am
MLS# 2600005380
Listing URL
Copyright © 2026 Realtor Association of Acadiana. 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 sale presents an investor package consisting of four residential homes for sale. The properties are listed with addresses including 213 W Vine, 217 W Vine, 304 S Market, and 308 S Market. The offering is described as having most tenant occupancy in place.
The homes are located in Opelousas, Louisiana, in St. Landry Parish. The package includes multiple addresses along W Vine Street and S Market, providing a consolidated set of residential units under one ownership opportunity.
For investors or buyers looking for a small residential portfolio, this configuration can offer the advantage of acquiring four homes together rather than separately. With most tenant occupied, the properties may provide immediate in-place tenancy. Interested parties should contact the listing agent for additional details on the specific units included in the package and current occupancy status.
The homes are located in Opelousas, Louisiana, in St. Landry Parish. The package includes multiple addresses along W Vine Street and S Market, providing a consolidated set of residential units under one ownership opportunity.
For investors or buyers looking for a small residential portfolio, this configuration can offer the advantage of acquiring four homes together rather than separately. With most tenant occupied, the properties may provide immediate in-place tenancy. Interested parties should contact the listing agent for additional details on the specific units included in the package and current occupancy status.
Key Highlights
- Investor package with 4 homes for sale: 213 W Vine, 217 W Vine, 304 S Market, and 308 S Market
- Most tenants are currently occupied (per public remarks)
- Wood siding construction materials
Local 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 | $35.8k | $8.64 |
| − Vacancy | −$1.8k | −$0.43 |
| EGI | $34.0k | $8.21 |
| − OpEx | −$10.2k | −$2.46 |
| NOI | $23.8k | $5.75 |
4,142 SF · lease $8.64/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$340.0K
$297.5K – $396.6K
NOI $23,798 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$313.7K
$274.5K – $366.0K
NOI $21,959 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$624.9K
$546.8K – $729.0K
NOI $43,740 @ 7.0% cap · market cap 15.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four residential homes are offered as an investor package, with most units currently tenant occupied.
Where is this quadplex located?
The property is located at 213 W Vine Street Opelousas, LA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Investor package with 4 homes for sale: 213 W Vine, 217 W Vine, 304 S Market, and 308 S Market; Most tenants are currently occupied (per public remarks); Wood siding construction materials
