$250,000

1536 S Patout St Unit B C New Iberia, LA 70560

Estimated payment $1,395/month

Total Views 478
6 Beds
4 Baths
2,450 Sq Ft
$102 Price per Sq Ft

About This Home

Don't miss this incredible chance to acquire a turnkey, income-producing property in the heart of New Iberia.Designed for the savvy investor, this property combines everything you're looking for: steady rental income, strong tenant demand, updated interiors, and spacious layouts.It features two units, each offering three bedrooms, two full bathrooms, and approximately 1,225 square feet of comfortable living space--providing plenty of room for tenants while offering scale and long-term stability for your portfolio.Currently fully leased and professionally managed, this property is a rare investment opportunity in the New Iberia market.

Listing Agent

Elizabeth Coleman

ReHive, LLC License #0995702112 Listed on: 09/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $892

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 35 x 120

Parking

  • 4 Parking Spaces

Home Design

  • 2,450 Sq Ft Home
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Kitchen

  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot 15,13

Community Details

Overview

  • 2 Units
  • Southport Subdivision

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$892

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0964
  • Lot Size: 35 x 120
  • Subdivision Name: Southport
  • Directions: Traveling east down Admiral Doyle, take a right onto Southport Blvd. Left onto Weber. Right onto S. Patout. Property on Right.
  • Structure Type: Unit 1(Twinhome), Unit 2(Twinhome)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Electric Range
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 2450

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Call School Board
  • Junior High Dist: Iberia Parish
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Lot Size Sq Ft: 4200

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Total Actual Rent: 2300

Tax Info

  • Tax Lot: 15,13

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $892 $10,110 $405 $9,705
2023 $741 $8,153 $389 $7,764
2022 $501 $7,506 $389 $7,117
2021 $501 $7,506 $389 $7,117
2020 $0 $7,506 $0 $0
2017 $1 $7,514 $397 $7,117
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 For Sale $250,000 -- $102 / Sq Ft
Source: REALTOR® Association of Acadiana

Source: REALTOR® Association of Acadiana

MLS Number: 2500003533

REALTOR® Association of Acadiana

APN: 0503138500F

Louisiana Iberia Parish New Iberia 70560

1536 S Patout St Unit B C, New Iberia, LA

This home is located at 1536 S Patout St Unit B C, New Iberia, LA 70560 and is currently priced at $250,000, approximately $102 per square foot. 1536 S Patout St Unit B C is a home located in Iberia Parish with nearby schools including Magnolia Elementary School, Iberia Middle School, and New Iberia Senior High School.

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.

REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

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Listing Agent
Elizabeth Coleman
Section Image
ReHive, LLC
(337) 495-4241