321 S Academy St Opelousas, LA 70570
Property details
About 321 S Academy St
Presenting a fantastic investment opportunity in a prime location! This 5-unit apartment complex is conveniently situated near I-49, within walking distance to stores and restaurants, making it an appealing choice for tenants seeking convenience and accessibility. Currently, the units are being rented below market value, presenting a golden opportunity for increased monthly yields. With a bit of strategic management, you can maximize profits and enhance the overall value of this property. This potential for growth is a significant advantage for savvy investors. The complex is located on a corner lot, providing not only visibility but also ample space for expansion. There's room to add additional units, further increasing your investment potential. Imagine the possibilities of developing more rental spaces to cater to the growing demand in the area! This apartment complex is not just a property; it's a stepping stone to greater financial growth. With its strategic location, under-market rentals, and expansion possibilities, this investment opportunity is one you won't want to miss!
Highlights
Summary
- Appliances: Electric Range, Refrigerator
- Flooring Type: Vinyl Tile
- Interior: Electric Stove Connection
- Attached Garage: Yes
- Parking: Parking Lot, Attached
- Heating: Other
- Cooling: Window Unit(s)
- List Price: $279,000
- Price/SqFt: $55
- Annual Tax Amount: $1,723
- Tax Year: 2023
- Directions: I49 North exit Opelousas, go west on hwy 190 to Academy turn left. At the light on Academy and Vine the apartments will be straight ahead on the right of Academy facing Vine.
- Living Area: 5,000 SqFt
- Lot Size: 0.44 Acres
- MLS Number: 2020023979
- MLS Name: REALTOR® Association of Acadiana
- Office Name: RE/MAX Excellence
- Listing Agent: Toni L Effingger
The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Copyright 2025 the REALTORS® Association of Acadiana. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2025, 12:50:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$279,000
321 S Academy St
$3,313
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 16, 2007 | Home Sold | $220,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $28,120 | $1,723 |
| 2022 | $28,120 | $1,723 |
| 2021 | $44,340 | $1,406 |
| 2020 | $44,340 | $1,406 |
| 2019 | $25,940 | $824 |
| 2018 | $26,440 | $824 |
| 2017 | $28,830 | $1,120 |
History based on county public records data.
Nearby schools
4
Opelousas Middle School
Public District 5-6
0.3 mi
•409 E South St
4
Creswell Middle School
Public District 5-6
0.7 mi
•1210 Leo St
5
Northeast Elementary School
Public District PK-4
0.7 mi
•1125 Mamie St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $11,595. The majority of Opelousas, LA residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Horse Races
Where do the neighbors shop?
Big Lots
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Golden Corral
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Contemporary Inspirational
Frequently asked questions
Living in Opelousas, LA
Transportation in Opelousas includes a combination of private and public transit options, with local bus services facilitating movement within the city. The community's road network connects residents to major highways, making it convenient for commuting and travel to neighboring areas. While ride-sharing services are present, the city also supports walkability in its downtown area, encouraging residents and visitors to explore the local shops and attractions on foot. Efforts to enhance transportation infrastructure are ongoing, aiming to improve accessibility and convenience for all who live in or visit Opelousas.
The community is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that offer additional choices for families. Healthcare services in Opelousas include a regional medical center that provides a range of services from primary care to specialized treatments. The city also features a public library system that supports the educational and informational needs of its residents. Retail and dining options in Opelousas reflect the local culture, with a variety of shops and restaurants that offer Cajun and Creole cuisine, among other culinary delights.
Opelousas is celebrated for its rich cultural tapestry and historical significance as one of the oldest cities in Louisiana. The community prides itself on its vibrant music scene, particularly its role in the development of zydeco music. Annual events such as the Opelousas Spice & Music Festival and the Original Southwest Louisiana Zydeco Music Festival draw visitors and locals alike, showcasing the area's strong cultural identity and traditions.
Opelousas offers a diverse array of housing options, with a significant presence of single-family homes that reflect the local architectural heritage. The housing market is characterized by a mix of traditional and ranch-style homes, with a notable number of properties featuring spacious lots. While the majority of the housing stock consists of single-family residences, there is also a selection of apartments and townhomes that cater to different lifestyle needs. The homeownership rate in Opelousas is substantial, with a majority of residents owning their homes, while a smaller percentage are renters.
About 321 S Academy St
This home is located at 321 S Academy St in Opelousas, LA and zip code 70570. This 5,000 square foot home sits on a 0.44 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $279,000.
Between March and April 2025, Opelousas, LA real estate market has seen increase in the number of listings by 23.3%. The median list price of listings available in April 2025 was $173,500, while the average time on the real estate market was 154 days.