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Oaklawn Multifamily Homes & Duplexes for Sale

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  • 300 Woodrow St Unit 2, Lafayette, LA 70506
    300 Woodrow St Unit 2, Lafayette, LA 70506
    300 Woodrow St Unit 2, Lafayette, LA 70506
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    $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
  • 118 Thelma Dr, Lafayette, LA 70506
    118 Thelma Dr, Lafayette, LA 70506
    118 Thelma Dr, Lafayette, LA 70506
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    $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
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    $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
  • 201 Alex St, Lafayette, LA 70506
    201 Alex St, Lafayette, LA 70506
    201 Alex St, Lafayette, LA 70506
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    $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
  • 305 Thelma Dr, Lafayette, LA 70506
    305 Thelma Dr, Lafayette, LA 70506
    305 Thelma Dr, Lafayette, LA 70506
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    $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
Louisiana Lafayette County Lafayette Oaklawn

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

Why Live in Oaklawn
Oaklawn in Lafayette is a neighborhood experiencing revitalization, located just above downtown. It offers a blend of older charm and modern convenience, with a range of ranch-style homes from the 1960s that are often remodeled for contemporary living. The area is known for its community spirit, highlighted by an annual Mardi Gras parade. Oaklawn Park, a seven-acre space, features baseball backstops, a playground, picnic areas with grills, and water fountains, making it a popular spot for outdoor activities. The neighborhood benefits from less traffic compared to newer subdivisions, creating a quieter, more walkable environment. Residents have access to excellent medical facilities, including the nearby Ochsner University Hospital and Clinics. Dining options include Café Habana City, Lafayette’s first Cuban restaurant, known for its Cubano sandwiches and mojitos. The neighborhood's proximity to downtown Lafayette provides easy access to cultural and dining attractions. Schools in the area, such as Westside Elementary, Lafayette Middle, and Lafayette High, offer specialized programs, including French immersion and environmental sciences. Oaklawn is safer than the national average, adding to its appeal for families and individuals seeking a peaceful yet vibrant community.
Learn more about living in Oaklawn

Home Trends in Oaklawn, LA

On average, homes in Oaklawn, Lafayette sell after 87 days on the market compared to the national average of 70 days. The median sale price for homes in Oaklawn, Lafayette over the last 12 months is $492,497, up 15% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$492,497
Median Single Family Sale Price
$321,000
Average Price Per Sq Ft
$273
Number of Homes for Sale
2
Last 12 months Home Sales
8
Months of Supply
3.00
Median List Price
$374,985
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
15%
How to Buy a Home How to Finance a Home How to Sell a Home

In Oaklawn, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $119,900 to $1,250,000, there's something for every budget. As of August, 2025 the median home price in Oaklawn, Lafayette is $374,985, while the average sale price is $661,124, providing insight into local market trends. On average, multi-family homes spend 87 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and 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 interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Oaklawn, Lafayette.

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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