$320,000

Estimated payment $2,087/month

Total Views 700
11 Beds
6 Baths
4,051 Sq Ft
$79 Price per Sq Ft

Highlights

  • Window Unit Cooling System
  • Wood Siding
  • No Heating

About This Home

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 full occupancy rents totaling $3,890 per month. All properties have a consistent rental history and offer potential for increased cash flow through increased rents or minor improvements. Rent roll and management history are available upon request. Please do not disturb tenants. Seller is a licensed real estate broker in the state of Louisiana.

Listing Agent

Brittany Bouillion

Cachet Real Estate, LLC License #995694723 Listed on: 07/28/2025

Co-Listing Agent

Attiya Smith

Cachet Real Estate, LLC License #995715221

Property Details

Home Type

  • Multi-Family

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4,051 Sq Ft Home
  • Laminate Flooring
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Assigned Parking

Schools

  • R. Baranco/Moss Elementary School
  • Paul Breaux Middle School
  • Northside High School

Utilities

  • Window Unit Cooling System
  • No Heating

Additional Features

  • Exterior Lighting
  • Lot Dimensions are 71.5 x 148.4 x 151.8 x 125

Community Details

  • 5 Units
  • Comington Nu Ad Subdivision

Listing and Financial Details

  • Tenant pays for broadband/internet access, electricity, sewer, trash collection, water
  • Tax Lot 9-14, 31-34

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size: 71.5 x 148.4 x 151.8 x 125
  • Co List Office Mls Id: l001111
  • Co List Office Phone: 337-534-0672
  • Subdivision Name: Comington Nu Ad
  • Directions: Pinhook North, left on Simcoe, properties on corner of Simcoe/Eighth
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 6
  • Total Bedrooms: 11
  • Flooring: Laminate
  • Living Area: 4051

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Exterior Features: Lighting
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: 41 - 50 Years
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 10

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer

Schools

  • Elementary School: R. Baranco/Moss
  • Junior High Dist: Lafayette Parish
  • High School: Northside
  • Middle Or Junior School: Paul Breaux Middle

Rental Info

  • Tenant Pays: Broadband/Internet Access, Electricity, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 5
  • Total Actual Rent: 3240

Tax Info

  • Tax Lot: 9-14, 31-34

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $320,000 0.0% $79 / Sq Ft
03/26/2024 03/26/24 Rented $900 -5.3% --
03/21/2024 03/21/24 Under Contract -- -- --
02/20/2024 02/20/24 For Rent $950 -- --
Source: REALTOR® Association of Acadiana

Similar Home in Lafayette, LA

  • 304 Carmel Dr, Lafayette, LA 70501

    $375,000

    • 12 Beds
    • 5 Baths
    • 4,087 Sq Ft
    • 304 Carmel Dr
    • Lafayette, LA

    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

    Section Image

Source: REALTOR® Association of Acadiana

MLS Number: 2500001754

REALTOR® Association of Acadiana