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Explore Similar Apartments Within 2 Miles of Downtown Lafayette, LA

  • /15

    $450,000

    • 7 Beds
    • 5 Baths
    • 2,685 Sq Ft

    2617 Cameron St, Lafayette, LA 70506

    Great investment opportunity, fully rented ($5,275/month), with two rentals on the same property. One building has five, 1-bedroom apartments (345sf each and one unit is updated), and the other building is 1,650sf, has 4 bedrooms, den, kitchen, dining room, and two bathrooms, and was renovated. Owner pays sewer, water, and trash for the 4-bedroom house and all utilities except cable for the

    Walter Campbell Keller Williams Realty Acadiana

    2617 Cameron St, Lafayette, LA 70506
  • /20

    $469,000

    • 12 Beds
    • 6 Baths
    • 3,050 Sq Ft

    112 Hayes Dr, Lafayette, LA 70501

    Opportunity awaits to secure this 10 home package across the Acadiana Region - Lafayette, Crowley, and Opelousas. Properties have been under professional property management services, and rent rolls to be shared upon request. Currently 7 of 10 units are occupied - producing a monthly rent of $3775.00.

    Brittany Bouillion Cachet Real Estate, LLC

    112 Hayes Dr, Lafayette, LA 70501
  • /15

    $320,000

    • 11 Beds
    • 6 Baths
    • 4,051 Sq Ft

    1000 E SiMcOe St, Lafayette, LA 70501

    Here's your chance to secure a 5-property single-family rental portfolio in one purchase -- perfect for both new and seasoned investors looking to expand their cash flow. These properties have been professionally managed and updated for the past two years, offering a turn-key addition to your portfolio. Current occupancy is 3 out of 5 units, generating $1,940 in monthly rental income, with prior

    Brittany Bouillion Cachet Real Estate, LLC

    1000 E SiMcOe St, Lafayette, LA 70501
  • /5

    $215,000

    • 8 Beds
    • 4 Baths
    • 3,424 Sq Ft

    210 Lilly St, Lafayette, LA 70501

    Great opportunity to expand or begin your investment portfolio with a package of 4 income-producing properties. Seller is open to package or individual sales. 3 of the 4 properties are tenant-occupied and all are within close proximity to each other. Monthly rental amounts as follows: 210 Lily: currently vacant but previously leased at $650/month, 106 Nora: $550/month, 714 NW Evangeline Thwy:

    Lindsey Fitzgerald HUNCO Real Estate

    210 Lilly St, Lafayette, LA 70501
  • /14

    $140,000

    • 5 Beds
    • 4 Baths
    • 2,304 Sq Ft

    617 E Vermilion St, Lafayette, LA 70501

    Duplex was moved to this location around Dec 2019 and has been partially renovated and vacant. Units have been wired with separate meters, re-plumbed for sewer and water but not connected to utility provider. No HVAC and no hot water heaters installed. Unfinished interior including bathrooms and kitchens. Front unit is 3 bedroom, 2 bath, kitchen, laundry living room and 1 unfinished room that is

    Jake Zimmerman Scout Real Estate Co.

    617 E Vermilion St, Lafayette, LA 70501
  • /5

    $295,000

    • 5 Beds
    • 3 Baths
    • 2,890 Sq Ft

    510 Madison St, Lafayette, LA 70501

    Discover exceptional value-add investment potential in downtown Lafayette with this spacious 4 Plex property offering: Two 2 bedroom/1 bathroom units & Two 1 bedroom/1 bathroom units across 2,890 square feet. Currently generating $30,360 in annual rental income--well below market rates--this property presents an opportunity to increase returns to approximately $35,580 yearly with appropriate

    William Raines, CCIM HUNCO Real Estate

    510 Madison St, Lafayette, LA 70501
  • /18

    $156,000

    • 3 Beds
    • 2 Baths
    • 1,750 Sq Ft

    118 Thelma Dr, Lafayette, LA 70506

    Great investment property available just minutes away from Cajun Field! The property has two structures. The house facing the road is a two-bedroom, one-bathroom unit, and the rear structure is a one-bedroom, one-bathroom apartment above a two-car open garage. Front unit is vacant! Book your showing today!

    Adam Bernhard Keaty Real Estate Team

    118 Thelma Dr, Lafayette, LA 70506
  • /26

    $265,000

    • 2,807 Sq Ft

    616 W Saint Louis St, Lafayette, LA 70506

    Located in the highly desirable Saint Street neighborhood of Lafayette, this fully occupied triplex presents a rare and lucrative investment opportunity. Just minutes from UL Lafayette, downtown, and local amenities, this property offers a strong rental history and consistent income in a high-demand area.The main structure includes two spacious units:Unit A (Downstairs): 1,268 sq. ft. 2 bed 1

    Michael Carr Real Broker, LLC

    616 W Saint Louis St, Lafayette, LA 70506
  • /39

    $1,250,000

    • 12 Beds
    • 7 Baths
    • 4,582 Sq Ft

    305 Thelma Dr, Lafayette, LA 70506

    Seize this unique opportunity to expand or start your investment portfolio with a package of 14 income-producing properties spread across Lafayette, Sunset, and Opelousas, generating $13,465 per month in rental income. Many of the homes have been updated and refreshed, offering added appeal and minimal initial upkeep. With most properties conveniently located near each other in each area, this

    Teresa Pastor Real Broker, LLC

    305 Thelma Dr, Lafayette, LA 70506
  • /8

    $173,000

    • 5 Beds
    • 4 Baths
    • 1,985 Sq Ft

    1108 Louisiana Ave, Lafayette, LA 70501

    This two-house investment package in Lafayette is a perfect opportunity for steady income, with both homes in a high-demand area that stays consistently occupied. One home is currently rented for $750/month, and the other for $900/month, offering an immediate cash flow. With tenants already in place, it's an easy, ready-to-go investment that's sure to enhance your portfolio. Don't miss out on

    Teresa Pastor Real Broker, LLC

    1108 Louisiana Ave, Lafayette, LA 70501
  • /33

    $375,000

    • 12 Beds
    • 5 Baths
    • 4,087 Sq Ft

    304 Carmel Dr, Lafayette, LA 70501

    Excellent investment opportunity for this package of 5 houses. Priced at $380,000 for 4,775 sqft of living area ($80/sqft). Rental income is $4,450/mo (53,400/year). All houses are occupied and within close proximity of each other.

    Paul Arceneaux The Gleason Group

    304 Carmel Dr, Lafayette, LA 70501
  • /42

    $295,000

    • 3,940 Sq Ft

    427 N Sterling St, Lafayette, LA 70501

    Fully occupied multi-family investment opportunity! This property consists of four fenced in dwellings on site with $3,295/monthly income. House A is 3 bed, 1 bath (2,013 SF) rented for $1,295. House B is 2 bed, 2 bath (1,059 SF) rented for $800/month. House C is 1 bed, 1 bath (400 SF) rented for $550/month. House D is 1 bed, 1 bath (500SF) rented for $650/month. In addition to the rental units

    Brennan Billeaud Compass

    427 N Sterling St, Lafayette, LA 70501
  • /2

    $180,000

    • 4 Beds
    • 2 Baths
    • 1,806 Sq Ft

    218 Frank St Unit A & B, Lafayette, LA 70501

    This income producing duplex features two bedroom and one bath units and is 100% occupied. Please do not disturb tenants.

    Michelle D Mouton Real Broker, LLC

    218 Frank St Unit A & B, Lafayette, LA 70501
  • /25

    $69,000

    • 2,800 Sq Ft

    1018 Eighth St, Lafayette, LA 70501

    Unique Investment opportunity. This property is currently set up with common areas on the first floor and 2 apartments on the second floor. Each Apartment is 2 bed / 1 bath. The common areas include one great room/lounge area, a dining or possibly game room, a laundry room, a bathroom, and a full kitchen. Schedule your showing today and come see the possibilities.

    Brian Carrier Century 21 Action Realty

    1018 Eighth St, Lafayette, LA 70501

Why Live in Downtown Lafayette

Downtown Lafayette exudes Creole and Cajun warmth, with lively streets and a colorful community. This historic city center features bars, restaurants, theaters, and art galleries, celebrating the joie de vivre spirit. The area retains its historic character with landmarks like the Cathedral of St. John the Evangelist and the Lafayette Science Museum. Revitalization efforts have introduced new apartments, condos, and offices while preserving architectural heritage. Parc Sans Souci and Parc Putnam host the weekly Downtown Alive! concert series, and the annual Festival International de Louisiane brings global music, food, and art to the area. City Park, about 1.5 miles northeast, offers extensive recreational facilities, including sports courts, playgrounds, and an 18-hole golf course. Dining options are abundant, with local favorites like Johnson’s Boucaniere and Pop’s Poboys, as well as international cuisine. The Lafayette Science Museum and the Children’s Museum of Acadiana provide educational attractions, while the Acadiana Center for the Arts offers visual and performing arts. Myrtle Place Elementary School and Lafayette High School are highly rated, providing quality education for residents. Public transit options include the Lafayette Transit System, Amtrak, and Greyhound, with the Lafayette Regional Airport offering flights to major cities. The neighborhood is a practical choice for potential home buyers, with a mix of historic and modern housing options.

Home Trends in Downtown Lafayette, LA

Housing Trends

Median Sale Price
$170,000
Median Single Family Sale Price
$520,000
Median 2 Bedroom Sale Price
$210,000
Median 1 Bedroom Sale Price
$170,000
Average Price Per Sq Ft
$242
Number of Homes for Sale
6
Last 12 months Home Sales
1
Months of Supply
72.00
Median List Price
$215,500
Median Change From 1st List Price
-3%
Median Home Sale Price YoY Change
-26%
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