Three-Home Multifamily
For Sale
$225,000
1033/1035 Vieux Jacquet Road, Broussard, LA 70518
Multifamily, Broussard, LA
Property Size2,734 SF
Price / SF$82.30
Days on Market144
Property Features for 1033/1035 Vieux Jacquet Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1
Parking
4
Parking features
Covered
Patio and Porch features
Porch, Deck
Appliances
Dryer, Electric Range, Refrigerator, Washer, Electric Stove Connection, Dryer, Electric Range, Refrigerator, Washer, Electric Stove Connection
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
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
to be determined
Legal Description
to be determined
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Number of units
3
Flooring type
Wood, Vinyl
Building materials
Frame, Wood Siding
Additional Structures
Storage
Buildings
3
Listing Agency:
Caffery Real Estate, Inc.
(337) 367-7708
Listed By:
Katie LaBauve · License #29166
(337) 519-5290
Added: Jun 2
Changed: Oct 23
Last Checked: Oct 23 at 2:06PM
MLS# 2600004865
Copyright © 2026 ROAM MLS. 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 multifamily property brings together three homes on one parcel, with a combined reported area of 2,734 square feet. The residence at the road is a cypress house with three bedrooms, two bathrooms, a screened porch, and a shaded yard. It also has a recently installed mini-split unit and a six-inch separation between the solid wall and exterior siding. Each of the two rear homes has two bedrooms and one bathroom; both are currently rented. A shared storage building serves the rear residences, which have vinyl siding.
The property is at 1033/1035 Vieux Jacquet Road in Broussard, with access to Hwy 90 and Hwy 182 and connections to Broussard, Youngsville, Lafayette, and New Iberia. Public water and septic service are listed, along with covered parking, a deck, and cable availability.
The property is at 1033/1035 Vieux Jacquet Road in Broussard, with access to Hwy 90 and Hwy 182 and connections to Broussard, Youngsville, Lafayette, and New Iberia. Public water and septic service are listed, along with covered parking, a deck, and cable availability.
Key Highlights
- Three homes occupy one parcel, with a combined reported area of 2,734 square feet
- Road‑facing cypress house has 3 bedrooms, 2 bathrooms, a screened porch, and a shaded yard
- Two rear homes each have 2 bedrooms and 1 bathroom; both are currently rented
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
Apartment 5plus
$256.4K
$224.3K – $299.1K
NOI $17,946 @ 7.0% cap · market cap 7.98%
Second Best
—
—
no second resolved use
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.
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Open Analytics
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - One parcel contains three homes, including a road-facing cypress residence and two rear houses that are currently rented.
Where is this multifamily property 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 occupy one parcel, with a combined reported area of 2,734 square feet; Road‑facing cypress house has 3 bedrooms, 2 bathrooms, a screened porch, and a shaded yard; Two rear homes each have 2 bedrooms and 1 bathroom; both are currently rented
