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15-Property Multifamily Portfolio
For Sale
$500,000

517 MCCREIGHT STREET, Bastrop, LA 71220

RESIDENTIAL INCOME, Bastrop, LA

Property SizeContact for details
Days on Market147

Property Features for 517 MCCREIGHT STREET

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Porch
Exterior features Paved Street
Directions Contact Agent
Subdivision 501 Bastrop & Morehouse Parish
Standard status Active
APN 03201/006/00005

Taxes and HOA fees

Tax Description Multiple properties/multiple legals
Legal Description Multiple properties/multiple legals

Utilities

Cooling system Multi Units
Water source Public

Building Details

Number of units 15
Roof type Shingle
Listing Agency: Home2U Realty, LLC
Listed By: Bridget Snyder · License #995700317
Added: May 5 Changed: Sep 16 Last Checked: Sep 28 at 7:06AM
MLS# 219278

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 multifamily portfolio consists of 15 individual properties, including one vacant lot and 14 frame residential units elevated on piers. The homes contain two to three bedrooms, with several units requiring work. Current occupancy is 66%, and the portfolio is generating income. Improvements include porches, shingle roofs, multi-unit cooling systems, public water service, and paved-street access.

Showings require a minimum of 24-hour notice and may not be conducted without prequalification or proof of funds. Tenant contact is restricted, and appointments must be coordinated through the agent.

Key Highlights

  • 15 individual properties, including one vacant lot
  • 14 frame units on piers with 2–3 bedrooms
  • 66% occupied and generating income

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Skin Care Clinic Gym & Fitness Center Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
66%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

410
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?
Multifamily property - Income-producing residential portfolio with multiple units, porches, and one vacant lot.
Where is this multifamily property located?
The property is located at 517 MCCREIGHT STREET Bastrop, LA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 15 individual properties, including one vacant lot; 14 frame units on piers with 2–3 bedrooms; 66% occupied and generating income
More about this property
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