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Freetown-Port Rico Homes for Sale

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  • 811 E University Ave, Lafayette, LA 70503
    811 E University Ave, Lafayette, LA 70503
    811 E University Ave, Lafayette, LA 70503
    /20

    $227,500

    • 3 Beds
    • 2 Baths
    • 1,486 Sq Ft

    811 E University Ave, Lafayette, LA 70503

    Welcome to this charming 3-bedroom, 2-bath townhome located just 0.4 miles from University of Louisiana at Lafayette. Freshly painted in 2019, along with no carpet throughout, offers a clean, updated feel. Downstairs includes the living room, kitchen, and primary suite, while upstairs you'll find two additional bedrooms, a shared bathroom, and a versatile landing space. Additional highlights

    Isabelle Beaullieu Compass

    811 E University Ave, Lafayette, LA 70503
  • 1115 SW Evangeline Thruway, Lafayette, LA 70501
    1115 SW Evangeline Thruway, Lafayette, LA 70501
    1115 SW Evangeline Thruway, Lafayette, LA 70501
    /3

    $60,000

    • Land
    • 0.18 Acre
    • $333,333 per Acre

    1115 SW Evangeline Thruway, Lafayette, LA 70501

    Hard corner commercial lot with great visibility and easy access to Hwy 90 North and South, offering exceptional exposure and convenience for both local and through traffic. This site provides strong frontage, high daily traffic counts, and seamless connectivity to major Lafayette corridors--making it an ideal location for retail, service, users looking to capitalize on visibility and

    Jake Zimmerman Scout Real Estate Co.

    1115 SW Evangeline Thruway, Lafayette, LA 70501
  • 617 E Vermilion St, Lafayette, LA 70501
    617 E Vermilion St, Lafayette, LA 70501
    617 E Vermilion St, Lafayette, LA 70501
    /14

    $200,000

    • 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
  • 713 E Vermilion St, Lafayette, LA 70501
    713 E Vermilion St, Lafayette, LA 70501
    713 E Vermilion St, Lafayette, LA 70501
    /10

    $130,000

    • 3 Beds
    • 3 Baths
    • 1,100 Sq Ft

    713 E Vermilion St, Lafayette, LA 70501

    GREAT INVESTMENT OPPORTUNITY in a highly desirable area of downtown in Freetown, just steps from festivals and the parade routes. This property includes a 1,100 sq. ft. duplex along with a separate 535 sq. ft. detached apartment in the back of the duplex, currently generating a total monthly income of $1,150 from three long-term tenants, a couple who have occupied the property for over 20 years.

    Amy Larriviere Keller Williams Realty Acadiana

    713 E Vermilion St, Lafayette, LA 70501
  • 105 E Clinton St, Lafayette, LA 70501
    105 E Clinton St, Lafayette, LA 70501
    105 E Clinton St, Lafayette, LA 70501
    /5

    $55,000

    • 2 Beds
    • 1 Bath
    • 690 Sq Ft

    105 E Clinton St, Lafayette, LA 70501

    Charming 2-bedroom, 1-bath property located just moments from Downtown! This well-maintained unit features no carpet, showcasing easy-to-clean Updated flooring throughout, perfect for both comfort and convenience. It presents a fantastic investment opportunity with reliable cash flow. Enjoy the vibrant city life with nearby amenities, restaurants, and entertainment options

    Deborah Pierce Keller Williams Realty Acadiana

    105 E Clinton St, Lafayette, LA 70501
Louisiana Lafayette County Lafayette Freetown-Port Rico

Real Estate & Homes for Sale in Freetown-Port Rico, Lafayette

Why Live in Freetown-Port Rico
Freetown-Port Rico, located adjacent to the University of Louisiana at Lafayette and downtown Lafayette, is a historic neighborhood with a rich cultural tapestry. Established post-Civil War as a haven for freed enslaved people, it has grown to include residents from diverse backgrounds such as Africa, Lebanon, the Middle East, Greece, Spain, and Ireland. The neighborhood, listed on the National Register of Historic Places in 2016, features over 670 historic buildings. Home styles predominantly include cottages and bungalows built before the 1950s, with some Folk Victorians, Tudor Revivals, and minimal traditional homes. The Freetown-Port Rico Coterie, a unique homeowners association, actively works to maintain the community's charm and address local issues.

The area is known for its specialty shops, places of worship, recreational spaces, and music venues. Notable attractions include Borden’s Ice Cream Shoppe, an iconic establishment since 1940, and the Acadian Superette, renowned for its house-made charcuterie and Cajun specialties.

Local schools such as Woodvale Elementary, Paul Breaux Middle, and Lafayette High School offer various academic and extracurricular programs. The neighborhood’s proximity to downtown Lafayette provides convenient access to the university and the city’s vibrant cultural scene, making it a dynamic place to live.
Learn more about living in Freetown-Port Rico

Frequently Asked Questions

Is Freetown-Port Rico a good place to live?
Freetown-Port Rico is a good place to live. Freetown-Port Rico is considered fairly walkable and bikeable. Freetown-Port Rico is a suburban neighborhood. Freetown-Port Rico has 5 parks for recreational activities. It is somewhat dense in population with 7.8 people per acre and a median age of 30. The average household income is $37,393 which is below the national average. College graduates make up 32.2% of residents. A majority of residents in Freetown-Port Rico are renters, with 81.7% of residents renting and 18.3% of residents owning their home. A local real estate agent serving Freetown-Port Rico can help you decide if this neighborhood is the right one for you. Learn more on our Freetown-Port Rico neighborhood guide.
Is Freetown-Port Rico, LA a safe neighborhood?
Freetown-Port Rico, LA is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Freetown-Port Rico?
The median home price in Freetown-Port Rico is $207,500. If you put a 20% down payment of $41,500 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,080 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $46K a year to afford the median home price in Freetown-Port Rico. The average household income in Freetown-Port Rico is $37K.
What are the best public schools in Freetown-Port Rico?
The best public schools that serve Freetown-Port Rico are:
What are the best private schools in Freetown-Port Rico?
The best private schools that serve Freetown-Port Rico are:
What are the most popular zip codes in Freetown-Port Rico, Lafayette, LA?
The most popular zip codes in Freetown-Port Rico, Lafayette, LA include 70501, 70503, 70506, 70508 and 70592.
What are the most popular neighborhoods near Freetown-Port Rico, Lafayette, LA?
The most popular neighborhoods near Freetown-Port Rico, Lafayette, LA are Freetown-Port Rico, Pa Davis Park, River Oaks, Evangeline and Downtown Lafayette.
Are home prices dropping in Freetown-Port Rico?
Yes, home prices in Freetown-Port Rico are down 73% in the last 12 months.

Home Trends in Freetown-Port Rico, LA

On average, homes in Freetown-Port Rico, Lafayette sell after 27 days on the market compared to the national average of 70 days. The median sale price for homes in Freetown-Port Rico, Lafayette over the last 12 months is $207,500, down 80% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$207,500
Median Single Family Sale Price
$300,900
Median 2 Bedroom Sale Price
$385,000
Average Price Per Sq Ft
$157
Number of Homes for Sale
2
Last 12 months Home Sales
42
Months of Supply
0.60
Median List Price
$207,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-80%
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