$185,000

245 Pavy Rd Opelousas, LA 70570

Estimated payment $961/month

Total Views 40
-- Bed
-- Bath
5,200 Sq Ft
$36 Price per Sq Ft

Highlights

  • Central Air
  • Multiple Heating Units
  • 1-Story Property
  • Wood Siding

About This Home

Turn-Key Investment Package - 6 Doors | 100% Occupied | Opelousas, LARare opportunity to acquire a fully leased, multi-property rental package consisting of six total units across three locations in Opelousas:245 Pavy Road, 403 Lombard Street, and 622 Hwy 749This portfolio includes two single-family residences (one is a mobile home) and two duplexes, providing a balanced mix of asset types with consistent rental demand.The two duplexes are less than 20 years old and built with durable cinder-block construction and metal roofs. These units have a strong rental history, including two apartment units with tenants in place for over five years, offering immediate stability for a new owner.The single-family home at 245 Pavy Road is leased at $645 per month and is occupied by a tenant who has been in place and paid rent on time for more than 10 years. This property also offers a rare value-add opportunity, with sufficient space to install up to two additional mobile homes, allowing an investor to increase the door count and future income.The home at 403 Lombard Street rents for $700 per month, sits on a corner lot, and is located directly across the street from Opelousas Middle School. The property features brand-new flooring throughout, with laminate in the kitchen, living areas, and one bedroom, and carpet in the remaining two bedrooms--a recent upgrade that enhances tenant appeal and reduces near-term capital needs.This is a true turn-key investment portfolio--100% occupied, proven rent history & multiple long-term tenants. An ideal opportunity for investors seeking immediate cash flow in the Opelousas rental market.

Listing Agent

Adam Angers

Keaty Real Estate Team License #99564652 Listed on: 02/10/2026

Keaty Real Estate Team

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 110 x 393.2

Parking

  • 8 Parking Spaces

Home Design

  • Slab Foundation
  • Frame Construction
  • Wood Siding
  • Siding

Interior Spaces

  • 5,200 Sq Ft Home
  • 1-Story Property
  • Gas Cooktop

Laundry

  • Dryer
  • Washer

Schools

  • Northeast Elementary School
  • Opelousas Middle School
  • Opelousas High School

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot 36

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $4,337
  • Gross Income $42,360

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.9929
  • Lot Size: 110 x 393.2
  • Subdivision Name: None
  • Directions: I-49 North toward Opelousas, then take the Ville Platte exit and turn left over the overpass. Immediately turn left onto the South Frontage Road, then turn right onto Rolling Oaks Drive. Turn right onto Plantation Road, then turn left onto Pavy Road. Continue on Pavy Road and 245 Pavy Road will be on your right.
  • Building Stories: 1
  • List_136: 92.068406
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dryer, Gas Cooktop, Gas Range, Washer

Exterior Features

  • Construction Type: Block, Frame, Block Siding, Other Siding, Wood Siding
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Cooling: Central Air,Wall Unit(s), AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Wall Furnace, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Commercial Sewer, Public Sewer

Schools

  • Elementary School: Northeast
  • Junior High Dist: St Landry Parish
  • High School: Opelousas
  • Middle Or Junior School: Opelousas

Lot Info

  • Lot Size Sq Ft: 43252

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 42360
  • Insurance Expense: 4337

Tax Info

  • Tax Lot: 36

Map

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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2 $3,440 $1,190 $2,250
2023 $183 $3,310 $1,190 $2,120
2022 $181 $3,310 $1,190 $2,120
2021 $180 $3,310 $1,190 $2,120
2020 $180 $3,310 $1,190 $2,120
2019 $182 $3,320 $1,200 $2,120
2018 $182 $3,320 $1,200 $2,120
2017 $182 $3,320 $1,200 $2,120
2015 $171 $3,130 $1,010 $2,120
2013 $171 $3,130 $1,010 $2,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2026 02/10/26 For Sale $185,000 +428.6% $36 / Sq Ft
12/06/2019 12/06/19 Sold -- -- -- View Prior Sale
11/13/2019 11/13/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $35,000 -- $29 / Sq Ft
Source: REALTOR® Association of Acadiana

Source: REALTOR® Association of Acadiana

MLS Number: 2600000867

REALTOR® Association of Acadiana

APN: 0105632900