616 W Saint Louis St Lafayette, LA 70506
Oaklawn NeighborhoodEstimated payment $1,624/month
Total Views
40,501
5
Beds
3
Baths
2,807
Sq Ft
$96
Price per Sq Ft
Highlights
- Hot Property
- Central Air
- Asbestos
- Lafayette High School Rated A-
- 6 Car Garage
- 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. Gross monthly income is $2600 per month. (Unit A = $1100, Unit B=$950, Unit C= $600.)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
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
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- 6 Car Garage
- Carport
Schools
- Myrtle Place Elementary School
- Lafayette Middle School
- Lafayette High School
Utilities
- Central Air
- Multiple Heating Units
Listing and Financial Details
- Tax Lot 17, 18, 19
Community Details
Overview
- 3 Units
- Oaklawn Add Subdivision
Building Details
- 3 Leased Units
Map
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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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2025 11/19/25 | Price Changed | $270,000 | -3.6% | $96 / Sq Ft |
| 11/04/2025 11/04/25 | Price Changed | $280,000 | -3.4% | $100 / Sq Ft |
| 10/09/2025 10/09/25 | For Sale | $290,000 | -- | $103 / 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
About the Listing Agent
REALTOR®, ABR®, PSA, e-PRO®, MRP
Top-Producing Listing Agent | U.S. Marine Veteran | Acadiana Real Estate Professional
Michael Carr is a proud veteran of the United States Marine Corps and a top-producing real estate professional in Acadiana.
As a strategic and focused listing agent, Michael is committed to helping you get top dollar for your home — with a plan built around smart marketing, negotiation expertise, and a deep understanding of what drives buyer
Michael's Other Listings
Source: REALTOR® Association of Acadiana
MLS Number: 2500004404
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.
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