616 W Saint Louis St Lafayette, LA 70506
Oaklawn NeighborhoodEstimated payment $1,639/month
Total Views
6,200
--
Bed
--
Bath
2,807
Sq Ft
$94
Price per Sq Ft
Highlights
- Central Air
- Asbestos
- Multiple Heating Units
- Lafayette High School Rated A-
- Wood Siding
- 5-minute walk to Oaklawn Park
About This Home
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 bath with central HVAC, private laundry room, and an attached 433 sq. ft. carport/garage for covered parking.Unit B (Upstairs): 927 sq. ft. 2 bed 1 bath with AC/heat window units, and shared access to a laundry room and utilities with Unit C.A separate Unit C studio (439 sq. ft. 2 bed 1 bath) is located in the landscaped backyard, also equipped with AC/heat window units and sharing laundry and utility services with Unit B.Each unit has a private entrance, offering optimal privacy for tenants. The rear yard is fully fenced, shaded, and beautifully landscaped--perfect for outdoor relaxation and tenant appeal.Additional Highlights:Total Dwelling Sq. Ft.: 2,634Total Including Carport/Garage: 3,067 sq. ft.Bedrooms: 6 | Bathrooms: 4Tenants are responsible for their own utilities, with select shared water/wastewater usage between Units B & CExcellent potential for increased rental income or long-term value growthWhether you're a seasoned investor or just beginning to build your portfolio, this income-generating triplex offers location, layout, and long-term value. Don't miss your chance--schedule a private tour today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,381
Lot Details
- 9,375 Sq Ft Lot
- Lot Dimensions are 75 x 125
Parking
- 6 Parking Spaces
Home Design
- Triplex
- Pillar, Post or Pier Foundation
- Frame Construction
- Composition Roof
- Wood Siding
- Asbestos
Interior Spaces
- 2,807 Sq Ft Home
- 2-Story Property
Schools
- Myrtle Place Elementary School
- Lafayette Middle School
- Lafayette High School
Utilities
- Central Air
- Multiple Heating Units
Community Details
- 3 Units
- Oaklawn Add Subdivision
Listing and Financial Details
- Tax Lot 17, 18, 19
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $2,381 | $22,634 | $3,236 | $19,398 |
| 2023 | $2,381 | $22,256 | $3,236 | $19,020 |
| 2022 | $2,329 | $22,256 | $3,236 | $19,020 |
| 2021 | $2,337 | $22,256 | $3,236 | $19,020 |
| 2020 | $1,619 | $15,476 | $3,236 | $12,240 |
| 2019 | $1,276 | $15,476 | $3,236 | $12,240 |
| 2018 | $1,579 | $15,476 | $3,236 | $12,240 |
| 2017 | $1,519 | $14,899 | $3,236 | $11,663 |
| 2015 | $1,517 | $14,900 | $2,000 | $12,900 |
| 2013 | -- | $14,900 | $2,000 | $12,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | For Sale | $265,000 | 0.0% | $94 / Sq Ft |
| 05/26/2025 05/26/25 | Pending | -- | -- | -- |
| 05/21/2025 05/21/25 | Price Changed | $265,000 | -3.6% | $94 / Sq Ft |
| 04/28/2025 04/28/25 | Price Changed | $275,000 | -3.5% | $98 / Sq Ft |
| 04/15/2025 04/15/25 | Price Changed | $285,000 | -5.0% | $102 / Sq Ft |
| 03/31/2025 03/31/25 | Price Changed | $300,000 | -9.1% | $107 / Sq Ft |
| 03/20/2025 03/20/25 | Price Changed | $330,000 | -5.7% | $118 / Sq Ft |
| 01/24/2025 01/24/25 | For Sale | $350,000 | -- | $125 / Sq Ft |
Source: REALTOR® Association of Acadiana
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Cash Sale Deed | $170,000 | First American Title | |
| Deed | $155,000 | None Available | |
| Deed | $189,500 | None Available | |
| Cash Sale Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $148,074 | New Conventional | |
| Previous Owner | $116,250 | Unknown | |
| Previous Owner | $142,125 | Purchase Money Mortgage |
Source: Public Records
Similar Home in Lafayette, LA
Source: REALTOR® Association of Acadiana
MLS Number: 25000753
APN: 6036060
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.
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.
Nearby Homes
- 2312 W Saint Mary Blvd
- 7 Audubon Oaks Blvd
- Tbd S Loop St Unit 7
- Tbd S Loop St
- 123 Crown
- 103 Alphonse Dr
- 303 Adrienne St
- 400 Monarch Dr
- 102 White Cir
- 400 Blk Monarch Dr
- 300 Blk Duson St
- 314 Duson St
- 900 Evangeline Dr
- 120 Philomine St
- 318 White Pine Dr
- 316 White Pine Dr
- 317 White Pine Dr
- 315 White Pine Dr
- 311 White Pine Dr
- 110 Memory Ln
- 1500 Myrtle Place Unit B
- 705 Walker Rd
- 1506 Cameron St
- 1616&1618 W Saint Mary Blvd
- 550 Eraste Landry Rd
- 700 S Saint Antoine St Unit B - Left Side
- 700 S Street Antoine St Unit B
- 114 Carlin St
- 121 Alcide Dominique Dr
- 203 Foggy Ln
- 504 N Pierce St
- 339 Monroe St
- 111 Ella St
- 516 N Pierce St
- 334 Carver St
- 317 W University Ave Unit 2
- 124 E Main St
- 1318 Lee Ave Unit 6c
- 1011 Lee Ave
- 305 Ella St