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    1318-1320 Delasalle Dr New Iberia, LA 70560

    Sponsored
    For Sale
    $499,000

    Multi Family - New Iberia, LA

    Type:Multi Family
    Property size:
    7,500 SF
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 9:06 pm

    Property Features for 1318-1320 Delasalle Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Parking
    1520
    Parking features
    Parking Lot
    Appliances
    Range, Range - Gas, Refrigerator
    Size
    7,500 SF

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Floors in Building
    2
    Number of units
    12
    Building materials
    Block, Brick
    Roof type
    Metal
    Architectural style
    Other

    Latter & Blum Holdings LLC (504) 569-9369 [email protected]

    Listing agent Robert merrick (337) 233-9700

    Listing date Jan 6, 2026

    MLS# 24000059 Listing URL

    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.

    Overview

    New Iberia Multifamily Investment

    This multifamily property features 12 units within two buildings, located in New Iberia, Louisiana. The property offers a location convenient to amenities and major transportation routes. Each unit provides living spaces that contribute to a sense of community. The property is approximately 7,500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Iberia
    County
    Iberia
    State
    Louisiana
    Longitude
    -91.8328023
    Latitude
    29.9897173

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    FAQs

    What type of property is this?
    Apartment building - 12-unit multifamily property in New Iberia, Louisiana, for sale.
    Where is this apartment building located?
    The property is located at 1318-1320 Delasalle Dr New Iberia, LA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - 12-unit multifamily property offering a stable income stream.; - Located in New Iberia, Louisiana, near essential amenities and major transportation routes.; - Proven track record of reliable rental income.
    (504) 569-9369
    Request Owner's contact information
    1318-1320 Delasalle Dr New Iberia, LA 70560
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    New Iberia, LA 70560
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1318-1320 Delasalle Dr New Iberia, LA 70560
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