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Fully Occupied 3-Plex

104 N Long Street Lafayette, LA 70506

Claim this Listing
Pending
$300,000

MULTI_FAMILY - Lafayette, LA

Property size:
2,979 SF
Lot size:
0.36 Acres
Added:
Jun 29, 2026
Days on Market:
16
Last Refresh:
Jul 14 at 8:06 am

Property Features for 104 N Long Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Rooms
Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 5
Parking
6
Parking features
Parking Lot
Interior features
Electric Dryer Connection, Electric Stove Connection, Electric Washer Connection
Appliances
Microwave, Refrigerator, Electric Range
Standard status
Pending
APN
6032438
Size
2,979 SF
Lot size
0.36 Acres

Taxes and HOA fees

Tax Description
DIST:04 CITY/MUNI/TWP:CITY OF LAFAYETTE SEC/TWN/RNG/MER:SEC 27 TWN 09S RNG 04E TR A SEC 27 T9S R4E (0.3591 AC)(95FT FRONT) (A/K/A LOTS 178-179-180-181)

Utilities

Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public

Building Details

Floors in Building
2
Number of units
3
Flooring type
Carpet
Building materials
Vinyl Siding
Roof type
Composition

Listing agent Walter R Campbell License #51344

Listing office Keller Williams Realty Acadiana 100 Asma Blvd, Suite 100, Lafayette, LA

Listing date Jun 29, 2026

MLS# 2600005931 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 well-maintained 3-plex is currently fully occupied and presents a straightforward residential income setup for an investor seeking an income-producing property. The property is offered for sale and sits on 0.36 acres.

Located in Lafayette, the building provides convenient access to shopping, schools, and medical facilities.

The offering includes approximately 2,979 square feet of total building area across the three-unit configuration.

Key Highlights

  • Fully occupied 3‑plex in Lafayette
  • Central heating and central air conditioning
  • Vinyl siding exterior and composition shingle roof

Local Financial Insights For Apartment 5plus

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 $62.6k $21.00
− Vacancy −$16.6k −$5.59
EGI $45.9k $15.41
− OpEx −$20.7k −$6.94
NOI $25.3k $8.48
2,979 SF · lease $21.00/SF/yr · vacancy 26.60% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$398.0K
$348.3K – $464.4K (±1% cap)
NOI $27,863 @ 7.0% cap · market cap 9.29%
Second Best
Apartment 5plus
$360.8K
$315.7K – $420.9K (±1% cap)
NOI $25,255 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$704.3K
$616.3K – $821.7K (±1% cap)
NOI $49,304 @ 7.0% cap · market cap 16.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Dental Office Real Estate Agency Bakery Nail Salon Accounting Firm Spa & Massage Center Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Triplex - Well-maintained 3-plex is fully occupied and for sale in Lafayette, with convenient access to everyday amenities.
Where is this triplex located?
The property is located at 104 N Long Street Lafayette, LA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Fully occupied 3‑plex in Lafayette; Central heating and central air conditioning; Vinyl siding exterior and composition shingle roof
Contact an agent
More about this property
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