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Freetown-Port Rico Multifamily Home for Sale

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    $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

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.

Home Trends in Freetown-Port Rico, LA

Housing Trends

Median Sale Price
$147,750
Median Single Family Sale Price
$132,250
Median Townhouse Sale Price
$200,000
Average Price Per Sq Ft
$120
Number of Homes for Sale
2
Last 12 months Home Sales
16
Months of Supply
1.50
Median List Price
$152,500
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
12%
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