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    305 Thelma Dr Lafayette, LA 70506

    For Sale
    $1,250,000

    Package Homes - Lafayette, LA

    Property size:
    30,680 SF
    Days on Market:
    372
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 305 Thelma Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Dining Room
    Parking
    28
    Parking features
    Carport, Covered
    Patio and Porch features
    Patio, Porch, Deck
    Interior features
    Cable Available, Cable Ready, Ceiling Fans, Fiber Available
    Exterior features
    Outside Light, Porch, Fence, Sheds(s), Storage, Porch/Patio/Deck
    Fencing
    Fenced
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Size
    30,680 SF

    Utilities

    Utilities
    Cable Available, Cable Connected
    Heating system
    Central, Electric (Heating), Natural Gas, Other (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Multi Units, Window Unit(s)

    Building Details

    Floors in Building
    1
    Number of units
    14
    Building materials
    Brick
    Roof type
    Composition, Metal
    Architectural style
    Other
    Additional Structures
    Packing Shed, Shed(s), Storage

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Teresa Rainey (337) 534-0555

    Listing date Dec 5, 2024

    MLS# 24010191 Listing URL

    Copyright © 2025 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

    Income-Producing Properties Package For Sale

    A package of 14 income-producing properties located across Lafayette, Sunset, and Opelousas, Louisiana, is available for purchase. These properties generate $13,465 per month in rental income. Many of the homes have been updated. The properties are located near each other in each area. The seller is open to package or individual sales. All properties are tenant-occupied, and offers must include proof of funds and require a 48-hour notice for showings. The total living area of these properties is 30680 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.050928
    Latitude
    30.229636

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    FAQs

    What type of property is this?
    Residential income property - Fourteen income-producing properties across Lafayette, Sunset, and Opelousas, Louisiana.
    Where is this residential income property located?
    The property is located at 305 Thelma Dr Lafayette, LA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Package of 14 income-producing properties generating $13,465/month.; - Properties located in Lafayette, Sunset, and Opelousas.; - Many homes have been updated and refreshed.
    (337) 534-0555
    Request Owner's contact information
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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
    305 Thelma Dr Lafayette, LA 70506
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