2

Freetown-Port Rico Townhomes for Sale

Section Image
  • /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
  • /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

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
$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%
How to Buy a Home How to Finance a Home How to Sell a Home