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Lafayette, LA Multifamily Homes & Duplexes for Sale

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  • /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
  • /8

    $139,500

    • 1,200 Sq Ft

    300 Woodrow St Unit 2, Lafayette, LA 70506

    Unlock immediate income with this well-maintained duplex located in a desirable, quiet neighborhood.This income-producing property offers two distinct units: a 2-bedroom, 1 full bathroom , plus a 1/2 bath as well. The unit next door is a comfortable 1 bedroom, 1 bathroom unit. With a history of attracting and retaining quality tenants, this property presents a reliable passive income stream for

    Melissa White Coldwell Banker Trahan Real Estate Group

    300 Woodrow St Unit 2, Lafayette, LA 70506
  • /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
  • /6

    $624,999

    • 18 Beds
    • 10 Baths
    • 9,282 Sq Ft

    215 Lodge Dr, Lafayette, LA 70506

    Looking to expand your portfolio? Here is the opportunity to purchase 9 units in Acadiana!

    Nick Hundley EXP Realty, LLC

    215 Lodge Dr, Lafayette, LA 70506
  • /6

    $45,000

    • 4 Beds
    • 4 Baths
    • 6,504 Sq Ft

    214 Rials Dr, Lafayette, LA 70508

    Previously a 4-plex, now a choose-your-own-adventure. This investment property had a fiery past (literally), but what's left is a clean slate in a solid rental area--with a designated parking lot, which is practically a unicorn in some neighborhoods. The structure is wide open, ready to be redesigned, rebuilt, and reimagined into whatever your investor heart desires. Seller knows nothing about

    Teresa Pastor Real Broker, LLC

    214 Rials Dr, Lafayette, LA 70508
  • /44

    $375,000

    • 1,492 Sq Ft

    1206 Kaliste Saloom Rd, Lafayette, LA 70508

    HIGH VISIBILITY AREA! Investors, Business Owners, Multi Family or AIR BNB Potential!! Automatic $1k in monthly income!Welcome to this beautifully updated 3 Room, 2-bathroom property on piers ideally situated right off Kaliste Saloom directly across from the Heart Hospital. Whether you're looking for a cozy home or a high-visibility commercial space, this property offers unmatched versatility and

    Erin Roussel Keaty Real Estate Team

    1206 Kaliste Saloom Rd, Lafayette, LA 70508
  • /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
  • /9

    $249,000

    • 4,300 Sq Ft

    436 E Pont Des Mouton Rd, Lafayette, LA 70507

    THE BRICK HOME IS FOR SALE AND THE 3 MOBILE HOMES GOES WITH THE SALE OF THE HOME. SELLER RECENTLY REPLACED THE ROOF ON THE BRICK HOME AND MOBILE HOME ''C''.1 of THE MH ARE NOT Inhabitable. THIS IS A TURN-KEY INVESTMENT.THE LARGE BRICK HOME IS VERY OPEN AND SPACIOUS WITH 2 LARGE SITTING AREAS AND IT HAS A VERY NICE BASEMENT. THE KITCHEN HAS A SNACK BAR, GRANITE COUNTER TOPS AND THERE'S A LARGE

    Mary Mirian Compass

    436 E Pont Des Mouton Rd, Lafayette, LA 70507
  • /8

    $119,900

    • 4 Beds
    • 2 Baths
    • 1,554 Sq Ft

    201 Alex St, Lafayette, LA 70506

    Cute cottage with a rear garage apartment in a quiet neighborhood, convenient location to Ambassador Caffery, Congress St, Cajun Field complex. This 2 bedroom, 1 bath home has a large eat-in kitchen that features a range oven and refrigerator and a small pantry. there are 3 heat/cool window units and a large wall heater. There is carpet in the living room, vinyl in the kitchen and bathroom, and

    Jay Smith Gateway Realty, Inc.

    201 Alex St, Lafayette, LA 70506
  • /8

    $220,000

    • 4 Beds
    • 2 Baths
    • 2,000 Sq Ft

    108 Avalon St, Lafayette, LA 70508

    NEW METAL ROOF INSTALLED AS OF AUGUST 2025!! This duplex is in excellent condition. It is brick on slab construction, central heat and air, each unit has 2 bedrooms and 1 bath. Good closet space. Each kitchen has a refrigerator and a gas range, There are ceramic tile floors throughout - NO CARPET! Each unit has a single carport. The large utility room includes washer and dryer connections and is

    Jay Smith Gateway Realty, Inc.

    108 Avalon St, Lafayette, LA 70508
  • /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
  • /6

    $259,999

    • 2 Beds
    • 1 Bath
    • 3,900 Sq Ft

    215 Lodge Dr, Lafayette, LA 70506

    Secure Your Investment in Lafayette's Growing Rental Market! This well-maintained fourplex on Lodge Drive in Lafayette offers a fantastic opportunity to generate immediate rental income and build long-term wealth.Featuring four spacious 2-bedroom, 1-bathroom units, this property caters to a wide range of tenants. Each unit boasts a full kitchen, separate living area, and private entrance,

    Nick Hundley EXP Realty, LLC

    215 Lodge Dr, Lafayette, LA 70506
  • /12

    $449,900

    • 4 Beds
    • 3 Baths
    • 2,400 Sq Ft

    303 Cougar Ridge, Lafayette, LA 70508

    *Tenant occupied property. Accepted offer/proof of funds required prior to showings. 48 notice required*Turnkey 8-Unit Apartment Complex - Fully Occupied in Prime Lafayette Location. Welcome to a superb investment opportunity in Lafayette, LA! This newly refreshed 8-unit apartment complex, situated in a highly desirable area, is fully occupied and ready to generate steady income. Each 600 sqft

    Teresa Pastor Real Broker, LLC

    303 Cougar Ridge, Lafayette, LA 70508
  • /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
  • /10

    $120,000

    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft

    2518 Walker Rd, Scott, LA 70583

    INVESTOR SPECIAL! Two adjacent homes with tenants in place. Unit 1 is a two bed, one bath detached single family home with a roof less than 10 years old. Unit 2 is a one bed one bath detached single family home with a roof under 5 years. Jump now on this opportunity to own two adjacent rental properties in Lafayette.

    Kerry Kennedy Real Broker, LLC

    2518 Walker Rd, Scott, LA 70583

Why Live in Lafayette

Lafayette's rich Cajun and Creole heritage comes alive through its vibrant cultural attractions and culinary scene. Residents can explore living history at Vermilionville, a folklife park showcasing authentic 18th and 19th-century Acadian culture along the Bayou Vermilion. The downtown area buzzes with activity at venues like the Acadiana Center for the Arts and Sans Souci Fine Crafts Gallery. Food lovers flock to renowned restaurants like Prejean's for award-winning gumbo and live Zydeco music, or The French Press for creative Southern brunch. Outdoor recreation spans from alligator spotting at Lake Martin to Saturday farmers markets at the 100-acre Moncus Park.

The housing market provides options across price points. The median sale price for homes in Lafayette is $242,000. Single-family homes in River Ranch command a median price of $711,000, while similar homes in the Saints Streets neighborhood have a median price of $243,000. Townhomes throughout the city have a median price of $174,000. One-bedroom condos have a median price of $87,000, while two-bedroom condos have a median price of $127,500.

Lafayette's cost of living sits 12.7% below the national average. A family with school-age children needs approximately $92,000 annually to live comfortably, while renters require about $49,000. The combined sales tax rate is 10.12%. Top-rated schools include Early College Academy and Ascension Episcopal School. The University of Louisiana at Lafayette adds to the educational landscape. The humid subtropical climate features mild winters with temperatures from the mid-40s to mid-60s Fahrenheit and warm summers ranging from the mid-70s to mid-90s Fahrenheit.

Home Trends in Lafayette, LA

Housing Trends

Median Sale Price
$245,750
Median Single Family Sale Price
$257,500
Median Townhouse Sale Price
$170,000
Median 2 Bedroom Sale Price
$130,000
Median 1 Bedroom Sale Price
$84,000
Average Price Per Sq Ft
$155
Number of Homes for Sale
997
Last 12 months Home Sales
1,774
Months of Supply
6.70
Median List Price
$260,640
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
3%
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