Sulphur LA Multi Family for Sale
$1,350,000
2505 Rhua Drive Unit 2505 Sulphur, LA 70663
- Type:
- Apartment
- Sq.Ft.:
- 19,331
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.78 Acres
- Year built:
- 1988
- Baths:
- MLS#:
- SWL24007174
ADDITIONAL INFORMATION
Seize this incredible opportunity to own a profitable 20-unit apartment complex in the Maplewood area of Sulphur, ideally situated close to I-10. This investment property boasts a strong cash flow with low vacancy rates, making it an attractive option for investors. Comprising five separate buildings, each unit within the complex offers 2 bedrooms and 1 bathroom with an open floor plan that appeals to tenants. The owner is responsible for water and trash expenses only, as all units are individually metered for electricity, enhancing cost efficiency. Post-hurricane updates include new roofs and extensive interior remodels across most units, featuring fresh paint and modern finishes that enhance tenant appeal. Located in flood zone X, investors benefit from no mandatory flood insurance, further reducing overhead costs. Currently, rents are set at $750 per unit per month, accumulating approximately $15,000 in total monthly revenue when fully occupied. With two units presently undergoing preparations for new tenants and available for showing on short notice via lockbox, this complex is nearly at full capacity. Annual property taxes are an affordable $4,032. The seller is presently not open to owner financing, paving the way for straightforward acquisition. With competitive pricing and strong income potential, this property is a must-see for serious investors. Act now to explore this excellent investment opportunity and consider making an offer on this high-demand rental property.
- Type:
- Mobile Home
- Sq.Ft.:
- 4,200
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.4 Acres
- Year built:
- 2000
- Baths:
- MLS#:
- SWL24006050
- Subdivision:
- Wistaria
ADDITIONAL INFORMATION
Looking for an investment, look no further. This property includes 5 units (All units are rented). Three units are a 2bed/1 bath, there is also a 3bed/ 1 bath and one 3bed/2 bath. All the trailers have been rented for over $700 a month. Owner currently pays $388.80 a month for Water, Trash, and Sewer. Tenants are responsible for the electricity. All units include a washer, dryer, water heater, Range, and Fridge.
- Type:
- Duplex
- Sq.Ft.:
- 1,600
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1970
- Baths:
- MLS#:
- SWL24004402
- Subdivision:
- Ellender S W 330 Ft
ADDITIONAL INFORMATION
Welcome to this charming fully occupied duplex located in the heart of town. This income-generating property is a rare find with both units currently tenanted, offering a smart investment opportunity for savvy buyers. Unit #1 This unit is rented and in good condition, offers a kitchen off the living room, 2 bedrooms and 1 bath. Tenants enjoy the convenience of in-unit laundry and ample storage space throughout. Unit #2 This unit has been completely remodeled with new subfloors, Sheetrock walls, custom cabinetry, lighting and appliances. The property's proximity to town amenities, schools, and parks makes it a desirable location for tenants seeking convenience and a sense of community. The motivated seller (price reflected) is eager to move this property quickly, presenting an excellent opportunity for investors or those looking to generate rental income. Don't miss your chance to own a fully occupied duplex in a prime location with great potential! Call to schedule a viewing today and imagine the endless possibilities this property holds for you. All measurements are more or less.
- Type:
- Mobile Home
- Sq.Ft.:
- 5,120
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.55 Acres
- Year built:
- 2002
- Baths:
- MLS#:
- SWL24003493
ADDITIONAL INFORMATION
INVESTMENT OPPORTUNITY! This 0.55-acre property features four spacious three-bedroom, two-bathroom mobile homes, each measuring 16x80 and offering 1280 square feet of living space. Lot 1 is a 2005 model, currently rented for $950 per month, with the tenant covering their own utility costs. Lot 2 is a 2015 model that is currently rented for $850 per month. Lot 3 is a 2002 model, rented for $1100 per month, which includes water. The tenant also pays an additional $80 per month for lawn care. Lot 4 is a 2008 model, renting for $1200 per month, with lawn maintenance included in the rent, and the tenant covers their own utilities. Each mobile home has received a new roof after the hurricanes. The property is equipped with separate electric and water meters for each unit, providing convenience and efficiency. Located in Flood Zone X, this property ensures peace of mind. This is a great chance to invest in a property with immediate rental income potential. Measurements are M/L.
- Type:
- Fourplex
- Sq.Ft.:
- 4,432
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.6 Acres
- Year built:
- 2016
- Baths:
- MLS#:
- SWL24002701
- Subdivision:
- Lock George
ADDITIONAL INFORMATION
Welcome to this charming quadplex townhome community in Sulphur, where comfort meets convenience! Each of the 2-bedroom, 2-bath townhomes in this lovely neighborhood provides 1,108 square feet of living space, perfectly designed to accommodate your lifestyle. Step inside to find a modern interior with sleek granite countertops throughout the home. The kitchen shines with stainless steel appliances, making cooking and entertaining a delight. The vinyl flooring on the first floor offers both beauty and durability, ideal for daily activity. Upstairs, the bedrooms provide a cozy retreat with soft carpeting underfoot. Each bedroom is generously sized and features its own private bathroom, ensuring privacy and ease for everyone. Located near essential amenities, these townhomes put you within easy reach of schools, churches, hospitals, and businesses. Whether you’re looking to stay fit at nearby workout facilities or enjoy a day out shopping, everything you need is just around the corner. This property not only promises a comfortable living space but also a convenient lifestyle, making it a great choice for anyone looking to call Sulphur home. Measurements are M/L. Flood Zone X. Three units are currently leased. Leases available upon request to view. The property was approved to build an additional 7 more units on the property. The legal address is 410 and 414 Cypress Street. Unit 3 - $1,250 a month includes water, sewer & trash, Unit 4 - $1,050 a month does not include any utilities, Unit 2 - $1,250 a month includes water, sewer & trash, Unit 1 - $1,050 a month does not include any utilities (long term lease 3 years started on 8/1/24)
This information comes from the Southwest Louisiana Association of REALTORS. This IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Southwest Louisiana Association of REALTORS. All rights reserved.
Sulphur Real Estate
The median home value in Sulphur, LA is $179,100. This is higher than the county median home value of $177,900. The national median home value is $338,100. The average price of homes sold in Sulphur, LA is $179,100. Approximately 56.27% of Sulphur homes are owned, compared to 25.68% rented, while 18.04% are vacant. Sulphur real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sulphur real estate agent to arrange a tour today!
Sulphur, Louisiana 70663 has a population of 21,490. Sulphur 70663 is more family-centric than the surrounding county with 38.06% of the households containing married families with children. The county average for households married with children is 30.36%.
The median household income in Sulphur, Louisiana 70663 is $50,797. The median household income for the surrounding county is $59,470 compared to the national median of $69,021. The median age of people living in Sulphur 70663 is 38.6 years.
Sulphur Weather
The average high temperature in July is 91.2 degrees, with an average low temperature in January of 39.7 degrees. The average rainfall is approximately 63.3 inches per year, with 0 inches of snow per year.