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River Oaks Multifamily Home for Sale

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    $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

Why Live in River Oaks

River Oaks in Lafayette, LA, is a neighborhood characterized by its scenic views along the Vermilion River and mature oak trees. Located southeast of downtown, it offers convenient access to Lafayette Regional Airport and Oakbourne Country Club. The area is rich in culture and history, with attractions like Vermilionville Living History & Folklife Park and the Acadian Culture Center, which showcase the region's French, Creole, and Native American heritage. Residents can enjoy various parks, including Beaver Park with its boat ramp and fishing pond, Heymann Park with an 18-hole disc golf course and lighted tennis courts, and FE “Pa” Davis Park, which features a jogging trail and activity center. The neighborhood is known for its mid-20th century ranch-style homes and bungalows, with an average home size of around 1,900 square feet. River Oaks is part of the Lafayette Parish School District, where students can attend highly rated schools like J. Wallace James Elementary School. For dining and socializing, Somewhere Else’s Bar and Grill offers a casual atmosphere with darts, pool, and bingo. The neighborhood is well-connected by the Lafayette Transit System, with bus routes along Pinhook Road and Surrey Street. Essential services like Our Lady of Lourdes Regional Medical Center are 7 miles away, and the airport is less than five minutes to the south.

Home Trends in River Oaks, LA

Housing Trends

Median Sale Price
$150,470
Median Single Family Sale Price
$161,040
Median Townhouse Sale Price
$70,000
Median 2 Bedroom Sale Price
$96,000
Average Price Per Sq Ft
$98
Number of Homes for Sale
10
Last 12 months Home Sales
24
Months of Supply
5.00
Median List Price
$167,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-12%
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