106 Seville Boulevard Lafayette, LA 70503
MULTI_FAMILY - Lafayette, LA
- Added:
- Jun 30, 2026
- Days on Market:
- 12
- Last Refresh:
- Jul 11 at 9:06 am
Property Features for 106 Seville Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RS-1
- Bedrooms
- 4
- Rooms
- Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3
- Parking
- 3
- Parking features
- On Street
- Patio and Porch features
- Deck
- Interior features
- High Ceilings, 9+ Ft Ceiling
- Exterior features
- Balcony, Balcony, Deck
- Fencing
- Chain Link
- Appliances
- Dishwasher, Dryer, Refrigerator, Electric Range
- Standard status
- Active
- APN
- 6056450
- Size
- 2,379 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- SW P LOT 4 ALL LOT 5 & NE P LOT 6 BLK D ARBOLADOADD (68.40X113.83X 59.80X117.94)
Utilities
- Heating system
- Central, Wall Furnace, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Wood, Laminate
- Building materials
- Wood Siding
- Roof type
- Composition
Listing agent Brennan Billeaud License #0000069755 (337) 654-2591
Listing office Compass 2000 Kaliste Saloom, Ste. 101, LA (337) 233-9700
Listing date Jun 30, 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 property is located in the historic Arbolada Subdivision and near the University of Louisiana, downtown Lafayette, the Mardi Gras parade route, and schools. While specific frontage and street details are not provided, the site includes a private backyard and deck configured for outdoor use.
For tenants or owner-occupants, this setup can support living in the main home while maintaining rental income from the duplex units. Current rent is reported at $1,400 per month for Unit 106, with $700 per month for Unit A and $850 per month for Unit B, totaling $2,950 per month. The landlord pays water, sewer, and electric for Units A and B, while the tenant for Unit 106 is responsible for their own utilities.
Key Highlights
- 1,435‑SF main home in the historic Arbolada Subdivision with 2 bedrooms, 2 bathrooms, original wood floors, and a wood‑burning fireplace
- Includes a leased two‑story duplex with two separate 1‑bedroom units: Unit A (360 SF) and Unit B (584 SF)
- Current rental income totals $2,950/month: Unit 106 $1,400/mo, Unit A $700/mo, and Unit B $850/mo
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 | $42.5k | $17.88 |
| − Vacancy | −$10.7k | −$4.52 |
| EGI | $31.8k | $13.36 |
| − OpEx | −$9.5k | −$4.01 |
| NOI | $22.3k | $9.35 |
