616 W St Louis St · Lafayette, LA 70506

$216,000

15 bd · 9.0 ba · 2,189 sqft · MultiFamily public records · 213 Days on market

Built 1983 9,375 sqft lot $99/sqft · 14% below area Est $321k · 33% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +3.6/10.0
• Rent growth +3.5/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed

Listing remarks MLS

House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

Key facts

• Attached carport
• Landscaped backyard
• Private entrance

Tags

• FULLY OCCUPIED TRIPLEX
• STRONG RENTAL HISTORY
• PRIVATE LAUNDRY ROOM
• ATTACHED CARPORT
• LANDSCAPED BACKYARD
• PRIVATE ENTRANCE

🏷️ Possibly a rental listed for sale. The $216,000 price doesn't fit this home's estimated sale value (~$321,113) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2×2bd/1ba + 1×3bd/1ba units multifamily listed at $216k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive. Per door: $399/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $216k).
• Recommended offer: $190k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.9% vs local median 4.7% in Lafayette — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 70/100 on livability (#63 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, employment C-, crime F.
• Lafayette Parish (urban): math 38% / reading 46% proficiency, ranked #19 of 98 in LA (top 19%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.1%/yr); 404 active listings in the ZIP; 1,585 units permitted in Lafayette Parish in 2024 (10 in 5+ unit buildings).
• At $3,312/mo this rent would consume 69% of the median local household income ($57k/yr) (locally 2095% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Lafayette County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 4.1% rent growth), your $60k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 213 days — a 12% lower offer ($190k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 24y ago; this cycle's ask has dropped $74k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $155k; 39% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $190,080 (12.0% below list)

Questions for the listing agent

1. It's been on market 213 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.53% ✓
• Cap rate: 12.95%
• Cash-on-cash: 23.76%
• DSCR: 2.06
• GRM: 5.4

CMA / ARV

• ARV (median comp): $321,113
• List price: $216,000
• Delta: -32.73%
• Verdict: UNDERPRICED
• Comps: 5 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.12% rent growth · sell at horizon

5-year hold

• IRR: 18.1%
• Equity multiple: 1.74×
• Total profit: $45,049
• Equity at exit: $32,206

10-year hold

• IRR: 27.3%
• Equity multiple: 3.53×
• Total profit: $153,303
• Equity at exit: $18,676

Cash invested: $60,480 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Louisiana: 90 Strongly Landlord-Friendly · R+12
• County: — inherits STATE
• City: — inherits STATE

5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 70506

• Home prices YoY: -34.8%
• Rents YoY: 4.1%
• Active inventory: 404
• Price-to-rent: 17.4×

Monthly cashflow live

• Estimated rent: $3,312 high
• Mortgage (P&I): −$1,133
• Tax from tax record: −$196 /mo · $2,354/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$696
• Net cashflow: $1,198

Break-even live

Break-even rent $1,796

Max offer price $216,000

Occupancy floor 59%

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$2,064
1× unit	3	1	$1,248
Total (3 units)			$3,312

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $54,000
• Closing costs: $6,480
• Reserves months: —
• Total cash needed: —

Listing history 34 events

1. 2026-06-02
   days on market $216,000 Active 213 DOM
2. 2026-06-01
   days on market $216,000 Active 212 DOM
3. 2026-05-31
   days on market $216,000 Active 211 DOM
4. 2026-05-30
   days on market $216,000 Active 210 DOM
5. 2026-05-20
   price $216,000 1760-char remark

   Show marketing remark (1760 chars)

   House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

6. 2026-05-13
   price $217,000 1760-char remark

   Show marketing remark (1760 chars)

   House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

7. 2026-05-06
   price $218,000 1760-char remark

   Show marketing remark (1760 chars)

   House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

8. 2026-04-29
   price $219,000 1760-char remark

   Show marketing remark (1760 chars)

   House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

9. 2026-04-09
   price $220,000 1760-char remark

   Show marketing remark (1760 chars)

   House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

10. 2026-02-23
    status Active 1760-char remark

    Show marketing remark (1760 chars)

    House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

11. 2026-02-23
    price $230,000 1760-char remark

    Show marketing remark (1760 chars)

    House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

12. 2026-02-07
    status Pending 1760-char remark

    Show marketing remark (1760 chars)

    House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

13. 2026-02-03
    price $240,000 1760-char remark

    Show marketing remark (1760 chars)

    House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

14. 2026-01-13
    price $250,000 1760-char remark

    Show marketing remark (1760 chars)

    House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

15. 2025-12-01
    price $260,000 1760-char remark

    Show marketing remark (1760 chars)

    House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

16. 2025-11-19
    price $270,000 1760-char remark

    Show marketing remark (1760 chars)

    House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

17. 2025-11-04
    price $280,000 1760-char remark

    Show marketing remark (1760 chars)

    House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

18. 2025-10-09
    listed $290,000 Active 1760-char remark

    Show marketing remark (1760 chars)

    House hackers, investors! This TRIPLEX features a 2 unit main structure plus a standalone unit in the rear and is located in the highly desirable Saint Street area 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 (interior unit replaced about 1 yr ago), 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. 1 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!

19. 2025-05-30
    status Active
20. 2025-05-27
    status Pending
21. 2025-05-21
    price $265,000
22. 2025-04-28
    price $275,000
23. 2025-04-15
    price $285,000
24. 2025-03-31
    price $300,000
25. 2025-03-20
    price $330,000
26. 2025-01-24
    listed $350,000 Active
27. 2012-06-26
    soldstatus $155,000
28. 2011-11-22
    listed $169,900
29. 2008-07-15
    soldstatus $189,500
30. 2008-02-04
    listed $189,500
31. 2006-07-26
    soldstatus $165,000
32. 2006-04-18
    listed $180,000
33. 2002-06-21
    soldstatus $110,000
34. 2002-03-26
    listed $126,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast LA · Resets to sale price

• Current annual tax: $2,354 · $196/mo
• Projected year-2 tax: $2,354 · $196/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $39,744
• − Mortgage interest: −$12,099
• − Property taxes: −$2,354
• − Insurance: −$1,080
• − Repairs & maintenance: −$3,180
• − Management: −$3,180
• − Depreciation: −$6,284
• Taxable income: $11,567
• Est. tax owed @ 24.0%: −$2,776
• After-tax cash flow: $11,594/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lafayette Parish
• NCES district ID: 2200870
• Math proficiency: 38% ▼ -32.00%
• Reading proficiency: 46% ▼ -24.00%
• Median HH income: $50,238
• Composite: 36.15/100
• National rank: #4741
• State rank: #19 of 98 in LA

Livability — Lafayette

• Score: 70/100
• State rank: #63
• US rank: #8133

Category grades

Amenities C- Commute F Cost of living A+ Crime F Employment C- Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lafayette, LA
• County: Lafayette Parish · 207,544 people
• City population: 158,114
• Metro: Lafayette, LA
• Population (ZIP): 42,318
• Household income: $57,379
• Rent vs Own: 50.4% rent · 49.6% own
• Severe rent burden: 2095.0

Population outlook (Lafayette County) Hauer SSP2

• Today (2025): 280,930 people
• By 2030: 301,092 · +7.2%
• By 2040: 339,456 · +20.8%
• By 2050: 375,156 · +33.5%
• By 2075: 451,672 · +60.8%
• By 2100: 497,203 · +77.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 60% Black 20% Hispanic / Latino 13% Two or more races 13% Asian 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 18% Armenian 1% Slovak 1%
• Foreign-born: 12% · Canada, Vietnam
• Languages at home: 83% English-only · Spanish 9% French/Haitian/Cajun 3% Vietnamese 1%

Political lean MEDSL · Lafayette

• 2024 margin: Solid R (+31.4) · D 33.5% · R 64.8% · Other 1.7%
• 2008→2024 swing: -0.1pp no change · 2008: -31.3pp · 2024: -31.4pp
• All cycles: 2024: R+31.4 2020: R+28.7 2016: R+33.6 2012: R+33.7 2008: R+31.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -75.28%
• Current HPI: 140.8445
• Rent YoY: ▲ 4.12%
• Metro: Lafayette, LA
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

Industry mix (Fortune 500 HQ in LA)

Industry	F500 HQs	Revenue
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

+71.4% since first listed

30 events — show timeline

• 2026-05-20 Price Changed $216,000 AcadianaMLS
• 2026-05-13 Price Changed $217,000 AcadianaMLS
• 2026-05-06 Price Changed $218,000 AcadianaMLS
• 2026-04-29 Price Changed $219,000 AcadianaMLS
• 2026-04-09 Price Changed $220,000 AcadianaMLS
• 2026-02-23 Relisted — AcadianaMLS
• 2026-02-23 Price Changed $230,000 AcadianaMLS
• 2026-02-07 Pending — AcadianaMLS
• 2026-02-03 Price Changed $240,000 AcadianaMLS
• 2026-01-13 Price Changed $250,000 AcadianaMLS
• 2025-12-01 Price Changed $260,000 AcadianaMLS
• 2025-11-19 Price Changed $270,000 AcadianaMLS
• 2025-11-04 Price Changed $280,000 AcadianaMLS
• 2025-10-09 Listed $290,000 AcadianaMLS
• 2025-05-30 Relisted — AcadianaMLS
• 2025-05-27 Pending — AcadianaMLS
• 2025-05-21 Price Changed $265,000 AcadianaMLS
• 2025-04-28 Price Changed $275,000 AcadianaMLS
• 2025-04-15 Price Changed $285,000 AcadianaMLS
• 2025-03-31 Price Changed $300,000 AcadianaMLS
• 2025-03-20 Price Changed $330,000 AcadianaMLS
• 2025-01-24 Listed $350,000 AcadianaMLS
• 2012-06-26 Sold (Public Records) $155,000 Public Records
• 2011-11-22 Listed $169,900 AcadianaMLS
• 2008-07-15 Sold (MLS) $189,500 AcadianaMLS
• 2008-02-04 Listed $189,500 AcadianaMLS
• 2006-07-26 Sold (MLS) $165,000 AcadianaMLS
• 2006-04-18 Listed $180,000 AcadianaMLS
• 2002-06-21 Sold (MLS) $110,000 AcadianaMLS
• 2002-03-26 Listed $126,000 AcadianaMLS

Property tax history

+5.6%/yr

Latest (2025): $2,354 · -1.1% YoY. Source: county tax records.