Three-Home Residential Income
1033/1035 Vieux Jacquet Road Broussard, LA 70518
1033/1035 Vieux Jacquet Road, Broussard, LA, 70518
$250,000
For Sale
$250,000
MULTI_FAMILY - Broussard, LA
Property Size2,734 SF
Price / SF$91.44
Days on Market47
Property Features for 1033/1035 Vieux Jacquet Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
- 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
- Standard status
- Active
- APN
- 18202a2561
- Size
- 2,734 SF
Taxes and HOA fees
- Tax 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
1105 Parkview Drive Ste.1, New Iberia, LA
Listed by
Katie I LaBauve · License #29166
(337) 519-5290
Added: Jun 2 Checked: Jul 18 at 11:06 am
MLS# 2600004865
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.
Investment Insights
Based on property information with market context.
This residential income property consists of three homes on a single parcel. The rear two homes are both currently rented and are described as very well maintained, with vinyl siding and a shared storage building. The front home with road frontage at 1033 is presented as an older cypress house and offers 3 bedrooms and 2 baths, along with a screened front porch and a shady yard.
The property is located in Broussard, near Highway 90 and Highway 182, with easy access to Broussard, Youngsville, Lafayette, and New Iberia. With road frontage for the main home, the layout separates the street-facing residence from the two rear units while keeping all three under one ownership.
For buyers and operators seeking a small multifamily setup, this configuration can be appealing because it combines a larger front home with two smaller, 2-bedroom units in a contained site. The current leasing status is an added consideration, with stated rents of $1,000 for 1033, $800 for 1035A, and $750 for 1035B. If you’re evaluating residential income holdings in the Broussard area, this three-home package offers a straightforward way to own multiple homes on one parcel with a mix of bedroom counts and maintenance features.
The property is located in Broussard, near Highway 90 and Highway 182, with easy access to Broussard, Youngsville, Lafayette, and New Iberia. With road frontage for the main home, the layout separates the street-facing residence from the two rear units while keeping all three under one ownership.
For buyers and operators seeking a small multifamily setup, this configuration can be appealing because it combines a larger front home with two smaller, 2-bedroom units in a contained site. The current leasing status is an added consideration, with stated rents of $1,000 for 1033, $800 for 1035A, and $750 for 1035B. If you’re evaluating residential income holdings in the Broussard area, this three-home package offers a straightforward way to own multiple homes on one parcel with a mix of bedroom counts and maintenance features.
Key Highlights
- Three homes on one parcel: road‑front home at 1033 plus two rear rental homes at 1035A and 1035B
- Current rents: 1033 $1,000; 1035A $800; 1035B $750
- 1033 features 3 bedrooms, 2 baths, and a screened front porch
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.1k | $12.12 |
| − Vacancy | −$3.5k | −$1.29 |
| EGI | $29.6k | $10.83 |
| − OpEx | −$8.9k | −$3.25 |
| NOI | $20.7k | $7.58 |
2,734 SF · lease $12.12/SF/yr · vacancy 10.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$296.1K
$259.1K – $345.5K
NOI $20,727 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$256.4K
$224.3K – $299.1K
NOI $17,946 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$646.4K
$565.6K – $754.2K
NOI $45,249 @ 7.0% cap · market cap 18.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three homes on one parcel with existing rental income, including a road-front cypress home and two rear vinyl-sided units.
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 $250,000.
What are key features of this property?
This property features: Three homes on one parcel: road‑front home at 1033 plus two rear rental homes at 1035A and 1035B; Current rents: 1033 $1,000; 1035A $800; 1035B $750; 1033 features 3 bedrooms, 2 baths, and a screened front porch
