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Lafayette, LA Multifamily Homes & Duplexes for Sale

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  • 1000 E SiMcOe St, Lafayette, LA 70501
    1000 E SiMcOe St, Lafayette, LA 70501
    1000 E SiMcOe St, 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
  • 300 Woodrow St Unit 2, Lafayette, LA 70506
    300 Woodrow St Unit 2, Lafayette, LA 70506
    300 Woodrow St Unit 2, Lafayette, LA 70506
    /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
  • 915 Youngsville Hwy, Lafayette, LA 70508
    915 Youngsville Hwy, Lafayette, LA 70508
    915 Youngsville Hwy, Lafayette, LA 70508
    /28

    $455,000

    • 8 Beds
    • 4 Baths
    • 3,381 Sq Ft

    915 Youngsville Hwy, Lafayette, LA 70508

    Discover a rare opportunity with this expansive 1.84-acre property situated at the prominent corner of The Youngsville Highway and Albertsons Parkway. Offering versatile zoning options, this prime location is perfect for both commercial and residential development. Included with the property is a charming 4-bedroom, 2-bath brick home that adds immediate value and functionality. (915 Youngsville

    Tyler Vallot EXP Realty, LLC

    915 Youngsville Hwy, Lafayette, LA 70508
  • 210 Lilly St, Lafayette, LA 70501
    210 Lilly St, Lafayette, LA 70501
    210 Lilly 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
  • 115 W Foch St, Lafayette, LA 70501
    115 W Foch St, Lafayette, LA 70501
    115 W Foch St, Lafayette, LA 70501
    /17

    $875,000

    • 12,937 Sq Ft

    115 W Foch St, Lafayette, LA 70501

    Mulit Family Investment Opportunity! 12 plex Unit with Ten - 2 bedroom/1 bath and Two - 1 bedroom/1 bath units. All apartments are occupied/leased one entity. The complex was renovated within the last 2 years to meet government entity standards of residential occupancy and installed the resident parking lot.

    Brian Gotreaux Keller Williams Realty Acadiana

    115 W Foch St, Lafayette, LA 70501
  • 200 High Meadows Blvd Unit 3 A/B, Lafayette, LA 70507
    200 High Meadows Blvd Unit 3 A/B, Lafayette, LA 70507
    200 High Meadows Blvd Unit 3 A/B, Lafayette, LA 70507
    /22

    $270,000

    • 5,929 Sq Ft

    200 High Meadows Blvd Unit 3 A/B, Lafayette, LA 70507

    Rare Investment Opportunity!This offering includes 2 -4 plexes with one-bedroom, one-bathroom units located in The Meadows subdivision in Lafayette, Louisiana. A strong addition to any rental portfolio, these fully occupied plexes present immediate income potential. Please do not disturb tenants. Interior access will be granted during the inspection/due diligence period once under contract, with

    Bobbi Comeaux Keller Williams Realty Acadiana

    200 High Meadows Blvd Unit 3 A/B, Lafayette, LA 70507
  • 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
  • 101 Wilbourn Blvd Unit 102, Lafayette, LA 70506
    101 Wilbourn Blvd Unit 102, Lafayette, LA 70506
    101 Wilbourn Blvd Unit 102, Lafayette, LA 70506
    /16

    $100,000

    • 2 Beds
    • 1.5 Baths
    • 924 Sq Ft

    101 Wilbourn Blvd Unit 102, Lafayette, LA 70506

    STYLISH!! AFFORDABLE! CENTRALLY LOCATED IN LAFAYETTE!! This freshly updated 2-bedroom, 11/2-bath condo. With brand-new laminate flooring, fresh paint, and a smart layout, this second-floor unit includes an in-unit washer and dryer, refrigerator, dishwasher, microwave for easy, everyday living. The spacious primary suite opens to a private enclosed balcony—great for a quiet morning coffee or

    WENDY MALONEY Homesmart Realty South

    101 Wilbourn Blvd Unit 102, Lafayette, LA 70506
  • 510 Madison St, Lafayette, LA 70501
    510 Madison St, Lafayette, LA 70501
    510 Madison 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
  • 106 Cadillac St, Lafayette, LA 70501
    106 Cadillac St, Lafayette, LA 70501
    106 Cadillac St, Lafayette, LA 70501
    /15

    $175,000

    • 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
  • 215 Lodge Dr, Lafayette, LA 70506
    215 Lodge Dr, Lafayette, LA 70506
    215 Lodge Dr, Lafayette, LA 70506
    /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
  • 214 Rials Dr, Lafayette, LA 70508
    214 Rials Dr, Lafayette, LA 70508
    214 Rials Dr, Lafayette, LA 70508
    /6

    $55,000

    • 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
  • 1206 Kaliste Saloom Rd, Lafayette, LA 70508
    1206 Kaliste Saloom Rd, Lafayette, LA 70508
    1206 Kaliste Saloom Rd, 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
  • 202 Carmel Dr, Lafayette, LA 70501
    202 Carmel Dr, Lafayette, LA 70501
    202 Carmel Dr, 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
  • 118 Thelma Dr, Lafayette, LA 70506
    118 Thelma Dr, Lafayette, LA 70506
    118 Thelma Dr, Lafayette, LA 70506
    /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
  • 616 W Saint Louis St, Lafayette, LA 70506
    616 W Saint Louis St, Lafayette, LA 70506
    616 W Saint Louis St, Lafayette, LA 70506
    /26

    $265,000

    • 2,807 Sq Ft

    616 W Saint Louis St, Lafayette, LA 70506

    Located in the highly desirable Saint Street neighborhood of Lafayette, this fully occupied triplex presents a rare and lucrative investment opportunity. Just minutes from UL Lafayette, downtown, and local amenities, this property offers a strong rental history and consistent income in a high-demand area.The main structure includes two spacious units:Unit A (Downstairs): 1,268 sq. ft. 2 bed 1

    Michael Carr Real Broker, LLC

    616 W Saint Louis St, Lafayette, LA 70506
  • 436 E Pont Des Mouton Rd, Lafayette, LA 70507
    436 E Pont Des Mouton Rd, Lafayette, LA 70507
    436 E Pont Des Mouton Rd, Lafayette, LA 70507
    /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
  • 201 Alex St, Lafayette, LA 70506
    201 Alex St, Lafayette, LA 70506
    201 Alex St, Lafayette, LA 70506
    /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
  • 108 Avalon St, Lafayette, LA 70508
    108 Avalon St, Lafayette, LA 70508
    108 Avalon St, Lafayette, LA 70508
    /8

    $210,000

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

    108 Avalon St, Lafayette, LA 70508

    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 accessible in the carport. Currently Unit 1

    Jay Smith Gateway Realty, Inc.

    108 Avalon St, Lafayette, LA 70508
  • 305 Thelma Dr, Lafayette, LA 70506
    305 Thelma Dr, Lafayette, LA 70506
    305 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
  • 1108 Louisiana Ave, Lafayette, LA 70501
    1108 Louisiana Ave, Lafayette, LA 70501
    1108 Louisiana Ave, Lafayette, LA 70501
    /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
  • 304 Carmel Dr, Lafayette, LA 70501
    304 Carmel Dr, Lafayette, LA 70501
    304 Carmel Dr, 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
  • 215 Lodge Dr, Lafayette, LA 70506
    215 Lodge Dr, Lafayette, LA 70506
    215 Lodge Dr, Lafayette, LA 70506
    /6

    $264,999

    • 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
  • 303 Cougar Ridge, Lafayette, LA 70508
    303 Cougar Ridge, Lafayette, LA 70508
    303 Cougar Ridge, Lafayette, LA 70508
    /12

    $465,000

    • 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
  • 427 N Sterling St, Lafayette, LA 70501
    427 N Sterling St, Lafayette, LA 70501
    427 N Sterling St, Lafayette, LA 70501
    /42

    $305,000

    • 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
  • 212 S Sterling St, Lafayette, LA 70501
    212 S Sterling St, Lafayette, LA 70501
    212 S Sterling St, Lafayette, LA 70501
    /9

    $129,000

    • 1,355 Sq Ft

    212 S Sterling St, Lafayette, LA 70501

    Duplex unit currently occupied by tenants! Priced below appraisal. Property is located in the historic district. Close to downtown, I-49, and more.

    Victoria Hargroder Hargroder Real Estate Group

    212 S Sterling St, Lafayette, LA 70501
  • 218 Frank St Unit A & B, Lafayette, LA 70501
    218 Frank St Unit A & B, 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
  • 1018 Eighth St, Lafayette, LA 70501
    1018 Eighth St, Lafayette, LA 70501
    1018 Eighth St, 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
Louisiana Lafayette

Multi-Family Homes & Duplexes for Sale in Lafayette, LA

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.
Learn more about living in Lafayette

Home Trends in Lafayette, LA

On average, homes in Lafayette, LA sell after 89 days on the market compared to the national average of 70 days. The median sale price for homes in Lafayette, LA over the last 12 months is $237,110, down 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$237,110
Median Single Family Sale Price
$257,750
Median Townhouse Sale Price
$190,000
Median 2 Bedroom Sale Price
$166,500
Median 1 Bedroom Sale Price
$70,000
Average Price Per Sq Ft
$159
Number of Homes for Sale
108
Last 12 months Home Sales
832
Months of Supply
1.60
Median List Price
$256,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%
How to Buy a Home How to Finance a Home How to Sell a Home

In Lafayette, there are currently 28 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $55,000 to $1,250,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Lafayette is $256,500, while the average sale price is $262,457, offering insights into the local housing market. On average, multi-family homes spend 89 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Lafayette, LA.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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