2505 Rhua Dr

$1,149,000
Price
4
Beds
2
Baths
19,331 Sq. Ft.
$59 / Sq. Ft.
19,331
Sq. Ft.
$59
per Sq. Ft.

Description

Motivated seller says bring all OFFERS! 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...Motivated seller says bring all OFFERS! 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-$800 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 $4,072. 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.
  1. Listed by Robbie Ingle • Brokerage DRE #995698870 • Coldwell Banker Ingle Safari R
    P: (337)-304-0481 C: (337)-304-0481 ringle@inglesafari.com

Property Details for 2505 Rhua Drive

View
Neighborhood
Architectural Style
Traditional
View
No
LISTING UPDATED: 12/09/2025 09:19 AM

Property Details for 2505 Rhua Drive

StatusActive
MLS #SWL24007174
Days on Market354
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1988
CountyCalcasieu Parish

Location

Listing Courtesy of Coldwell Banker Ingle Safari R
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Building Information for 2505 Rhua Drive

Building/Complex2505 Rhua DrFloor-Stories2Residences20Pet Policy-Pet Policy Details-Year Built1988Building Size-

Payment Calculator

$6,015 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,678

Property Taxes

$337

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2505 Rhua Drive

Summary
Location and General Information
  • City: Sulphur
  • Country: US
  • Country Subdivision: 22019
  • Directions: Fasske, Fredrick, Shasta Maplewood Drive to Hazel, Turn right and then turn left on rhua.
  • Fencing: None
  • Latitude: 30.23
  • Longitude: -93.35
  • MLS Area Major: Other
  • Postal City: Sulphur
  • Postal Code: 70663
  • Street Number Numeric: 2505
Taxes and HOA
  • Additional Parcels: No
  • Association: No
  • Tax Legal Description: @360910-1822-3 000502 0000 @360910-1822-3 0006 0000 @360910-1822-3 0007 0000 @360910-1822-3 0008 0000 @360910-1822-3 0009 0000 @360910-1822-3 001002 0000 BLK 3- W 20.6 FT LOT 5-LOT , LOTS 6,7,8,9-LOTS E 20.6 FT LOT 10-LOT ALL IN STEPHANIE HEIGHTS SUB -2505 RHUA DR- IMPS/95/96/04 4-UNITS IMPS/95/96/04 4-UNITS IMPS/95/96/04 4-UNITS IMPS/95/96 - 8 UNITS REF1-WORTH SCOTT MOFFETT III AND CAROLYN SUE ET AL B 1885 P 539-85 REF2-LAKE STREET DEVELOPMENT INC B 2276 P 359, B 2293 P 401-91 REF3-CALCASIEU MARINE NATIONAL BANK OF LAKE CHARLES B 2313 P 235-92
Parking
  • Open Parking: No
Property
Lot Information
  • Building Area Total: 19331.0
  • Common Walls: TwoCommonWallsOrMore
  • Lot Dimensions Source: Estimated
  • Lot Features: BackYard, CityLot, FrontYard, IrregularLot
  • Lot Size Acres: 0.775
  • Lot Size Area: 0.775
  • Lot Size Dimensions: 254 x 140
  • Lot Size Square Feet: 0.78
  • Lot Size Units: Acres
  • Number Of Buildings: 5
  • Other Structures: Outbuilding
  • Property Condition: UpdatedRemodeled, Turnkey
Property and Assessments
  • Common Interest: None
  • New Construction: No
  • Parcel Number: 00763837
  • Property Sub Type: Apartment
  • Property Type: ResidentialIncome
  • Road Frontage Type: CityStreet
  • Road Surface Type: Maintained
  • Senior Community: No
  • Year Built: 1988
  • Year Built Source: Appraiser
  • Photos Count: 17
Utilities
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 1
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Feature
  • Pool Private: No
  • Building Features: Appliances
  • Number Of Units Total: 20
Exterior Features
  • Construction Materials: VinylSiding
  • Foundation Details: Slab
  • Pool Features: None
  • Property Attached: Yes
  • Roof: Shingle
Interior Features
  • Appliances: ElectricRange, Refrigerator
  • Cooling: CentralAir
  • Cooling: Yes
  • Fireplace Features: None
  • Fireplace: No
  • Heating: Central
  • Heating: Yes
  • Interior Features: TubShower
  • Laundry Features: WasherHookup, ElectricDryerHookup, Inside
  • Levels: Two
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2
  • Utilities: ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Multi Family
Income & Expenses
  • Fuel Expense: $.00
  • Gross Income: $15,000.00
  • Gross Scheduled Income: $15,000.00
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Professional Management Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Area: 1014.0
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Garage Spaces: .00
  • Unit Type Total Rent: $9,000.00
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 12
Unit 2
  • Unit Type Actual Rent: $750.00
  • Unit Type Area: 896.0
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Garage Spaces: .00
  • Unit Type Total Rent: $6,000.00
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 8
Rental
Rental Information
  • Land Lease: No
  • Lease Considered: No
  • Rent Control: No

Property History for 2505 Rhua Drive

DateEvent & SourcePriceAppreciation
Dec 8, 2025

Price Change

SWLAOR MLS #SWL24007174

$1,149,000—
Dec 2, 2025

Price Change

SWLAOR MLS #SWL24007174

$1,150,000—
Oct 12, 2025

Price Change

SWLAOR MLS #SWL24007174

$1,190,000—
Aug 20, 2025

Price Change

SWLAOR MLS #SWL24007174

$1,250,000—
Jan 7, 2025

Listed (Active)

SWLAOR MLS #SWL24007174

$1,350,000—
Nov 2, 2020

Sold (Public Record)

Public Record #1448879651

—
Nov 1, 2020

Sold

SWLAOR MLS #191949

—
Nov 1, 2020

Contract Signed

SWLAOR MLS #191949

—
Nov 1, 2020

Listed (Active)

SWLAOR MLS #191949

$1,250,000—
Jan 16, 2019

Sold (Public Record)

Public Record #1308218698

—
Jan 15, 2019

Sold

SWLAOR MLS #169630

—
Nov 17, 2018

Contract Signed

SWLAOR MLS #169630

—
Nov 17, 2018

Listed (Active)

SWLAOR MLS #169630

$1,370,000—
Jan 29, 2017

Sold

SWLAOR MLS #143004

—
Jan 29, 2017

Contract Signed

SWLAOR MLS #143004

—
Jan 29, 2017

Listed (Active)

SWLAOR MLS #143004

$899,900—
Dec 8, 2015

Permanently Off Market

SWLAOR MLS #129394

$899,000—
Aug 18, 2014

Listed (Active)

SWLAOR MLS #129394

$899,000—
DateEvent & SourcePrice
12/08/2025

Price Change

SWLAOR MLS #SWL24007174

$1,149,000
12/02/2025

Price Change

SWLAOR MLS #SWL24007174

$1,150,000
10/12/2025

Price Change

SWLAOR MLS #SWL24007174

$1,190,000
08/20/2025

Price Change

SWLAOR MLS #SWL24007174

$1,250,000
01/07/2025

Listed (Active)

SWLAOR MLS #SWL24007174

$1,350,000
11/02/2020

Sold (Public Record)

Public Record #1448879651

—
11/01/2020

Sold

SWLAOR MLS #191949

—
11/01/2020

Contract Signed

SWLAOR MLS #191949

—
11/01/2020

Listed (Active)

SWLAOR MLS #191949

$1,250,000
01/16/2019

Sold (Public Record)

Public Record #1308218698

—
01/15/2019

Sold

SWLAOR MLS #169630

—
11/17/2018

Contract Signed

SWLAOR MLS #169630

—
11/17/2018

Listed (Active)

SWLAOR MLS #169630

$1,370,000
01/29/2017

Sold

SWLAOR MLS #143004

—
01/29/2017

Contract Signed

SWLAOR MLS #143004

—
01/29/2017

Listed (Active)

SWLAOR MLS #143004

$899,900
12/08/2015

Permanently Off Market

SWLAOR MLS #129394

$899,000
08/18/2014

Listed (Active)

SWLAOR MLS #129394

$899,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2505 Rhua Drive

Taxable ValueLand$12,710Additions$24,860Total$37,570
Tax Record2024$4,042 ($337 / month)
Home Facts
StyleMulti-Family Res (5+ Units)CountyCALCASIEUAPN00763837A

Schools near 2505 Rhua Drive

This home is within Calcasieu Parish School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Maplewood Elementary
PublicPK to 5

Maplewood Middle School
Public6 to 8

Sulphur High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2505 Rhua Drive is a multi-family home for sale in Sulphur, LA 70663. This property was listed for sale on January 8, 2025 by Coldwell Banker Ingle Safari R, it's currently listed at $1,149,000. It has been on the market for a total of 354 days and was last sold on November 2, 2020. This listing's school district is Calcasieu Parish School District. Nearby schools include Maplewood Elementary, Maplewood Middle School and Sulphur High School. 2505 Rhua Drive is a 4-bed, 2-bath, 19,331 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Ingle Safari R

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