Fully Occupied
104 N Long Street Lafayette, LA 70506
104 N Long Street, Lafayette, LA, 70506
$300,000
Pending
For Sale
$300,000
Pending
MULTI_FAMILY - Lafayette, LA
Property Size2,979 SF
Lot Size0.36 Acres
Days on Market21
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 Agency
Keller Williams Realty Acadiana
(337) 735-9300
100 Asma Blvd, Suite 100, Lafayette, LA
Listed by
Walter R Campbell · License #51344
(337) 251-6500
Added: Jun 29 Checked: Jul 19 at 2:06 pm
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.
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
NOI $27,863 @ 7.0% cap · market cap 9.29%
Second Best
Apartment 5plus
$360.8K
$315.7K – $420.9K
NOI $25,255 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$704.3K
$616.3K – $821.7K
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
Similar For Sale Nearby
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
