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9-Unit Apartment Building
For Sale
Contact for pricing
Pending

108 Jefferson St, Lafayette, LA 70518

Recently built townhouse community with one-bedroom residences, assigned parking, and occupied units.

Property SizeContact for details
Days on Market142

Property Features for 108 Jefferson St

General Information

Standard status Pending
Total Parking Spaces 18
Property subtype Multifamily
Occupancy 100%

Financials

Asking Price $1,249,000
Gross Income $113,820

Units

Unit Mix 9 x 1BR/1BA
Multifamily Units 9
Parking per Unit 2

Building Details

Year Built 2023
Listing Agency: The Gleason Group
Listed By: Will Taylor · License #LA 0995699690
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 5:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Gleason Group

Investment Insights

Based on property information with market context.

This apartment property consists of 9 townhouse-style units completed in 2023. Each residence has 1 bedroom and 1 bathroom, along with new HVAC, plumbing, electrical, roofing, appliances, and interior finishes. The property is 100% occupied, and each unit includes 2 assigned parking spaces for a total of 18 spaces.

Residents are responsible for electricity, water, sewer, trash, and cable/internet service. Ownership handles lawn care, insurance, and property taxes. The property is located in Flood Zone X, with no flood insurance required. The units are offered together as a single package.

Key Highlights

  • 9 townhouse‑style apartment units completed in 2023
  • 100% occupied with tenants in place
  • Each unit includes 1 bedroom and 1 bathroom

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Pharmacy (Bike/Boat/Book/etc) Store Locksmith Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,852
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Recently built townhouse community with one-bedroom residences, assigned parking, and occupied units.
Where is this apartment building located?
The property is located at 108 Jefferson St Lafayette, LA.
What are key features of this property?
This property features: 9 townhouse‑style apartment units completed in 2023; 100% occupied with tenants in place; Each unit includes 1 bedroom and 1 bathroom
(318) 664-4945 Call to check price and availability
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