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Apartment Building Portfolio with Vacant Lot
For Sale
$500,000

517 MCCREIGHT STREET, Bastrop, LA 71220

RESIDENTIAL INCOME, Bastrop, LA

Property SizeContact for details
Days on Market127

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 8 Last Checked: Sep 8 at 11:06PM
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 apartment building portfolio includes 15 individual properties, including one vacant lot and 14 frame residences constructed on piers. The residential units feature two- to three-bedroom layouts, porches, shingle roofs, and individual cooling systems. Public water service and paved streets serve the properties. Several units require additional work, and the portfolio is currently 66% occupied while generating income.

The properties are located in Bastrop, Louisiana, under ZIP Code 71220. Showings require at least 24 hours’ notice, and access is limited to prospective purchasers who provide prequalification or proof of funds. Tenant contact should be coordinated through the agent.

Key Highlights

  • 15 individual properties, including 14 residential units and 1 vacant lot
  • 14 frame units built on piers with 2 - 3 bedrooms
  • Currently 66% occupied and generating income

Property Analytics

Current Use

Apartment buildings

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

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

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?
Apartment building - Multi-property apartment portfolio with two- to three-bedroom units, individual cooling systems, porches, and public water service.
Where is this apartment building 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 14 residential units and 1 vacant lot; 14 frame units built on piers with 2 - 3 bedrooms; Currently 66% occupied and generating income
More about this property
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