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Racine Dr Lafayette, LA 70501

For Sale
$178,500

Multi-Unit (5+) - Lafayette, LA

Days on Market:
25
Last Refresh:
Dec 11 at 8:06 pm

Property Features for Racine Dr

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Zoning
100
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
Bathrooms
46
APN
6035368
Parking features
Garage

Building Details

Floors in Building
1
Flooring type
Vinyl
Building materials
Brick, Vinyl Siding, Wood Siding
Roof type
Asphalt, Metal
Architectural style
Other

Ethel Carter (337) 240-6163 [email protected]

Listing agent Ethel Carter (337) 453-0494

Listing date Nov 17, 2025

MLS# 11599562 Listing URL

Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Multi-Unit Investment Opportunity

This offering includes a real estate package featuring a property on Racine Dr, one commercial property, two vacant lots (one unrestricted), and forty-six single-family homes. The single family homes, a mixture of two- and three-bedroom layouts, present an immediate income opportunity with existing rents ranging from $500 to $1,300 per month, totaling $31,700 in monthly collections. Some homes include central air and heat, and some have been recently renovated. Further renovation after tenant turnover could increase revenue. Located within the 70501 zip code, the properties benefit from proximity to approximately five private and eight public schools. The area offers convenient access to shopping, dining, healthcare, entertainment, golf courses, and city parks. A variety of employment opportunities are available in this zip code for workers at every level of education and experience. The listed price of $178,500 applies only to the Racine Dr. property.
Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Lafayette
County
Lafayette
State
Louisiana
Longitude
-91.999935
Latitude
30.243149

FAQs

What type of property is this?
Apartment building - Real estate package with residential and commercial properties for sale.
Where is this apartment building located?
The property is located at Racine Dr Lafayette, LA.
What is the asking price?
The asking price for this property is $178,500.
What are key features of this property?
This property features: - Real estate package includes a commercial property, two vacant lots, and 46 single-family homes.; - Immediate rental income: Collect rents from day one with a current total monthly collection of $31,700.00.; - Rental income potential: Rents range from $500-$1,300 per month with potential for increased income after renovations.
More about this property
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