Search
Lafayette Multi-Unit Investment Opportunity
For Sale
$300,000

116 Vieux Orleans Circle, Lafayette, LA 70508

MULTI_FAMILY - Lafayette, LA

Property Size3,780 SF
Lot Size0.20 Acres
Price / SF$79.37
Days on Market110

Property Features for 116 Vieux Orleans Circle

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Full bathrooms 4
Rooms Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 7, Bathroom 4, Bedroom 3
Parking 8
Parking features Parking Lot
Appliances Dishwasher, Refrigerator, Electric Range
Subdivision Vieux Orleans
Elementary school Drexel
Middle school Broussard
High school Comeaux
Elementary school district Lafayette Parish
Middle school district Lafayette Parish
High school district Lafayette Parish
Directions Verot School road towards Pinhook. Take a right on Pillette, Right on Vieux Orleans. Last unit to the right near open fields.
Standard status Active
APN 6026502
Size 3,780 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description LOT 51 VIEUX ORLEANS A MULTI-FAMILY DEV (58.92X137.44X132.34X76.41)
Legal Description LOT 51 VIEUX ORLEANS A MULTI-FAMILY DEV (58.92X137.44X132.34X76.41)

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Number of units 4
Flooring type Tile
Building materials Brick
Listing Agency: Keaty Real Estate Team
Listed By: Jessica M Parker · License #995705687
Added: May 12 Changed: Jul 25 Last Checked: Aug 29 at 5:06AM
MLS# 2600004194

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.

This multi-unit property, located in Lafayette, Louisiana, presents an investment opportunity. The property consists of two-bedroom, one-bath units and is 100% occupied. The property generates $3,175 per month in rental income. The lot size is 0.2 acres, and the property size is 3,780 square feet.

Key Highlights

  • Multi‑unit property with 100% occupancy and monthly rental income of $3,175/month
  • Two‑bedroom, one‑bath unit configuration
  • Brick construction with tile flooring

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Pharmacy Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby

Demographics for 70508, LA

40,343
Population
18,677
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
94%
High-School Grad
24.3 sq mi
ZIP Area
1,660
Density / Sq Mi
$88,017
Median Household Income
$51,614
Median Earnings
$1,244
Median Rent
$299,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Multi-unit property in Lafayette, generating $3,175 monthly rental income.
Where is this quadplex located?
The property is located at 116 Vieux Orleans Circle Lafayette, LA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Multi‑unit property with 100% occupancy and monthly rental income of $3,175/month; Two‑bedroom, one‑bath unit configuration; Brick construction with tile flooring
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message