Three-Unit Triplex with Cypress
For Sale
$225,000
1033/1035 Vieux Jacquet Road, Broussard, LA 70518
Residential Income, Broussard, LA
Property Size2,734 SF
Price / SF$82.30
Days on Market140
Property Features for 1033/1035 Vieux Jacquet Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3
Parking
4
Parking features
Covered
Patio and Porch features
Deck, Porch
Interior features
Electric Stove Connection
Exterior features
Deck, Porch
Appliances
Dryer, Refrigerator, Washer, Electric Range, Dryer, Refrigerator, Washer, Electric Range
Elementary school
St. Martin
Middle school
St. Martin Middle
High school
St Martinville
Elementary school district
St Martin Parish
Middle school district
St Martin Parish
High school district
St Martin Parish
Directions
Hwy 182 W from New Iberia. Left onto Duchamp Rd, take curve onto Vieux Jacquet property on the right.
Subdivision
M2
Standard status
Active
APN
18202a2561
Size
2,734 SF
Taxes and HOA fees
Tax Description
to be determined
Legal Description
to be determined
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Number of units
3
Flooring type
Wood, Vinyl
Building materials
Wood Siding
Additional Structures
Storage
Listing Agency:
Caffery Real Estate, Inc.
(337) 367-7708
Listed By:
Katie I LaBauve · License #29166
(337) 519-5290
Added: Jun 2
Changed: Oct 15
Last Checked: Oct 19 at 7:06AM
MLS# 2600004865
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.
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Investment Insights
Based on property information with market context.
This triplex brings together three homes on one parcel, totaling 2,734 square feet. The road-front residence at 1033 is a cypress house with three bedrooms, two baths, a screened porch, and a mini-split system. Two additional homes each have two bedrooms and one bath; both are currently leased. A shared storage building serves the rear residences, which have vinyl siding.
The property is on Vieux Jacquet Road, near Hwy 90 and Hwy 182, with access to Broussard, Youngsville, Lafayette, and New Iberia. Other listed features include covered parking, a deck, public water, and septic service.
The property is on Vieux Jacquet Road, near Hwy 90 and Hwy 182, with access to Broussard, Youngsville, Lafayette, and New Iberia. Other listed features include covered parking, a deck, public water, and septic service.
Key Highlights
- Three homes on one parcel, totaling 2,734 square feet
- Road‑front cypress residence at 1033 has 3 bedrooms and 2 baths
- Each of the two rear homes has 2 bedrooms and 1 bath; both are leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,946
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,920
$358.9K
Cap Rate 7%
$256,371
$256.4K
Cap Rate 9%
$199,400
$199.4K
Market Conditions
NOI Build-Up for 2,734 SF
Gross rent
$36.7K $13.44/SF
− Vacancy
−$4.1K −$1.51/SF
EGI
$32.6K $11.93/SF
− OpEx
−$14.7K −$5.37/SF
NOI
$17.9K $6.56/SF
Area
Lafayette County, LA
Vacancy
11.20%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,920
Cap Rate 7%
$256,371
Cap Rate 9%
$199,400
Alternative Uses
Best Use
Multifamily LT 5
$296.1K
$259.1K – $345.5K
NOI $20,727 @ 7.0% cap · market cap 9.21%
Second Best
Apartment 5plus
$256.4K
$224.3K – $299.1K
NOI $17,946 @ 7.0% cap · market cap 7.98%
Theoretical Best
Office A
$646.4K
$565.6K – $754.2K
NOI $45,249 @ 7.0% cap · market cap 20.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Explore this area
Business Placement
Demographics for 70518, LA
16,683
Population
6,724
Households
2.5
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
41.7 sq mi
ZIP Area
400
Density / Sq Mi
$103,574
Median Household Income
$51,210
Median Earnings
$997
Median Rent
$287,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Two rear residences are currently leased, alongside a separate home fronting Vieux Jacquet Road.
Where is this triplex located?
The property is located at 1033/1035 Vieux Jacquet Road Broussard, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Three homes on one parcel, totaling 2,734 square feet; Road‑front cypress residence at 1033 has 3 bedrooms and 2 baths; Each of the two rear homes has 2 bedrooms and 1 bath; both are leased
