1022/1024 Vieux Jacquet Road Broussard, LA 70518
MULTI_FAMILY - Broussard, LA
Property Features for 1022/1024 Vieux Jacquet Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2
- Parking
- 4
- Parking features
- Carport
- Patio and Porch features
- Porch, Deck
- Interior features
- Electric Stove Connection
- Exterior features
- Deck, Porch, Storm Doors
- Appliances
- Dryer, Refrigerator, Washer, Electric Range
- Standard status
- Pending
- APN
- 18202a2862
- Size
- 1,666 SF
- Lot size
- 0.92 Acres
Taxes and HOA fees
- Tax Description
- Lot 200x200 Gachassin, Hardcastle, Road, Gachassin
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Wood, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Metal
Listing agent Katie I LaBauve License #29166 (337) 519-5290
Listing office Caffery Real Estate, Inc. 1105 Parkview Drive Ste.1, New Iberia, LA (337) 367-7708
Listing date Apr 23, 2026
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The home sits on just under an acre in a serene country setting. Access is described as easy and quick to Highways 90 and 182, placing the property between Lafayette, New Iberia, and St. Martinville.
For buyers, this layout supports an owner-occupant strategy where you can live in one unit while renting the other. For investors, the separate 2-bedroom, 1-bath configurations provide two distinct rental opportunities within a single duplex, with outdoor decks and covered parking elements that can help maintain tenant appeal.
Key Highlights
- Two‑unit property with Unit 1022: 2 bed/1 bath, 924 SF, eat‑in kitchen, front porch, covered deck
- Unit 1022 includes a 2‑car carport and a storage building with overhang and roll‑up door
- Unit 1024: 2 bed/1 bath, 742 SF, front porch and rear deck, plus a 2‑car carport
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.2k | $12.12 |
| − Vacancy | −$2.1k | −$1.29 |
| EGI | $18.0k | $10.83 |
| − OpEx | −$5.4k | −$3.25 |
| NOI | $12.6k | $7.58 |
