Four-Rental House Multifamily
For Sale
$850,000
2501 W Willow Street, Scott, LA 70583
Residential Income, Scott, LA
Property Size6,287 SF
Lot Size55.00 Acres
Price / SF$135.20
Days on Market318
Property Features for 2501 W Willow Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Carport
Fencing
Chain Link
Lot features
Level
Elementary school
Westside
Middle school
Scott
High school
Acadiana
Elementary school district
Lafayette Parish
Middle school district
Lafayette Parish
High school district
Lafayette Parish
Directions
From the intersection of Ambassador Caffery and Willow, head West on Willow. Once Willow makes a left hand turn the subject property will be on your left.
Subdivision
C
Standard status
Active
APN
See Below
Lot size
55.00 Acres
Taxes and HOA fees
Tax Description
See attached surveys
Legal Description
See attached surveys
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Number of units
4
Building materials
Brick
Roof type
Metal, Composition
Listing Agency:
Compass · ERA Real Estate
(337) 233-9700
Listed By:
Brennan Billeaud · License #0000069755
(337) 654-2591
Added: Dec 1, 2025
Changed: Oct 8
Last Checked: Oct 15 at 11:06PM
MLS# 2500006018
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.
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Investment Insights
Based on property information with market context.
This for-sale multifamily property consists of a 55-acre tract in the city of Scott, Louisiana, improved with four rental houses. Individual homes are described as 2-bedroom/1-bath, 2-bedroom/2-bath, a 3-bedroom/2-bath that is vacant, and a second 3-bedroom/2-bath unit. City sewer and city water are available to the property.
The tract is conveniently located on W. Willow Street in close proximity to I-10 and between Scott and Lafayette. The property has ample frontage on Willow St.
The offering includes current monthly rent details for three of the four rental houses, while one 3-bedroom/2-bath home is noted as vacant. The tract is in flood zone AE and floodway, and it is identified as zoned T-4.
The tract is conveniently located on W. Willow Street in close proximity to I-10 and between Scott and Lafayette. The property has ample frontage on Willow St.
The offering includes current monthly rent details for three of the four rental houses, while one 3-bedroom/2-bath home is noted as vacant. The tract is in flood zone AE and floodway, and it is identified as zoned T-4.
Key Highlights
- 55‑acre tract on W. Willow Street in Scott, LA, near I‑10, with ample Willow St. frontage
- Zoned T‑4 and served by city sewer and water
- Flood zone AE with floodway noted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,268
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$825,360
$825.4K
Cap Rate 7%
$589,543
$589.5K
Cap Rate 9%
$458,533
$458.5K
Market Conditions
NOI Build-Up for 6,287 SF
Gross rent
$84.5K $13.44/SF
− Vacancy
−$9.5K −$1.51/SF
EGI
$75.0K $11.93/SF
− OpEx
−$33.8K −$5.37/SF
NOI
$41.3K $6.56/SF
Area
Lafayette County, LA
Vacancy
11.20%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$825,360
Cap Rate 7%
$589,543
Cap Rate 9%
$458,533
Alternative Uses
Best Use
Apartment 5plus
$589.5K
$515.9K – $687.8K
NOI $41,268 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $104,052 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
Demographics for 70583, LA
11,981
Population
4,476
Households
2.7
Avg Household Size
37
Median Age
19%
College-Educated
82%
High-School Grad
28.4 sq mi
ZIP Area
422
Density / Sq Mi
$52,856
Median Household Income
$45,131
Median Earnings
$877
Median Rent
$130,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - 55-acre multifamily tract with four rental houses along W. Willow Street, served by city water and sewer.
Where is this multifamily property located?
The property is located at 2501 W Willow Street Scott, LA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 55‑acre tract on W. Willow Street in Scott, LA, near I‑10, with ample Willow St. frontage; Zoned T‑4 and served by city sewer and water; Flood zone AE with floodway noted
