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Explore Similar Apartments Within 2 Miles of Freetown-Port Rico, LA

  • /8

    $150,000

    • 8 Beds
    • 5 Baths
    • 3,515 Sq Ft

    105 Cadillac St, Lafayette, LA 70501

    A great opportunity for investors with 4 properties in a lot. Lot size 201.5 x 107. There is a connection to add another mobile home. Package deal available. Properties with 4 homes. There 3 homes with tenant occupied and one brick home that is vacant. Monthly income totals 1450 a month. And there is no lease attached its month to month basis. Tenants have been living there a total of 5 years.

    Leona Lacombe Keller Williams Realty Acadiana

    105 Cadillac St, Lafayette, LA 70501
  • /15

    $1,150,000

    • 1,100 Sq Ft

    144 Essie St, Lafayette, LA 70501

    Exceptional investment opportunity! This 16-home portfolio is fully occupied and currently producing over $12,000 in monthly rental income. Each property has a history of consistent cash flow, making this package an ideal addition to any investment portfolio. Priced to sell and ready to generate immediate returns. Can be Broken up into 3 smaller packages:Package 1 - $450k Package 2 - $340k

    Taylor Ryan EXP Realty, LLC

    144 Essie St, Lafayette, LA 70501
  • /3

    $150,000

    • 4 Beds
    • 18 Baths
    • 1,508 Sq Ft

    906 & 908 Center St, Lafayette, LA 70501

    This well-maintained duplex offers two separate units, each featuring 2 bedrooms and 1 bathroom. With off-street parking for convenience, this property is an excellent option for investors or owner-occupants looking to generate rental income. Each unit provides comfortable living with easy access to local shopping, dining, and schools. Whether you're expanding your portfolio or searching for a

    Anna Ward Reliance Real Estate Group

    906 & 908 Center St, Lafayette, LA 70501
  • /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
  • /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
  • /15

    $155,000

    • 5,427 Sq Ft

    106 Cadillac St, Lafayette, LA 70501

    Seize the opportunity to own a cluster of 8 rental units in one of Lafayette's most sought-after commercial corridors, ideally situated near the I-10/I-49 interchange. This unique property is positioned between Home Depot and a vibrant, Target-anchored open-air shopping center that features national retailers such as Academy Sports, Ross, Rack Room Shoes, and Chick-fil-A.Just minutes from the

    Beau Bourque Beacon Realty, LLC

    106 Cadillac St, Lafayette, LA 70501
  • /20

    $169,900

    • 8 Beds
    • 5 Baths
    • 800 Sq Ft

    202 Carmel Dr, Lafayette, LA 70501

    Rental investment bringing in $2,880 per month in monthly revenue. Single family home and 4-plex. 202 Carmel - 3 Bedroom 1 Bath home - Rented for $795 per month, 414 Verdun A - 2 Bedroom 1 Bath - $550 per month, B - 1 Bedroom 1 Bath - $525, C - 1 Bedroom 1 Bath - $535, D - Studio Apartment - $475.

    Jamie Knight Real Broker, LLC

    202 Carmel Dr, 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
  • /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 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
$132,000
Median Single Family Sale Price
$132,000
Median Townhouse Sale Price
$220,000
Average Price Per Sq Ft
$122
Number of Homes for Sale
4
Last 12 months Home Sales
13
Months of Supply
3.70
Median List Price
$135,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-1%
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