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New Iberia Duplex Opportunity
For Sale
$99,000

1123 W Main Street, New Iberia, LA 70560

MULTI_FAMILY - New Iberia, LA

Property Size2,110 SF
Lot Size0.25 Acres
Price / SF$46.92
Days on Market146

Property Features for 1123 W Main Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Parking 4
Interior features High Ceilings, 9+ Ft Ceiling
Elementary school Call School Board
Middle school Call School Board
High school Call School Board
Elementary school district Iberia Parish
Middle school district Iberia Parish
High school district Iberia Parish
Directions From Johnston St. turn right onto E University Ave. Turn right onto SW Evangeline Thrwy. In 6.2 miles, take a slight right turn onto LA-128 E and keep right onto LA-182. In 11 miles, turn left onto North St. Take a right onto W Main St. Property is on the left.
Subdivision I2
Standard status Active
APN 05 02954000
Size 2,110 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description 1-55 X 200 ITEM 2 COURREGE, COURREGE, HWY, LABAUVE. IMP. (DUPLEX-1123 & 1123-1/2 W. MAIN ST.) 1-55 X 40/39 ITEM 3 RODRIGUE, BRUNNER, ETAL, LABAUVE, COURREGE ETAL.
Legal Description 1-55 X 200 ITEM 2 COURREGE, COURREGE, HWY, LABAUVE. IMP. (DUPLEX-1123 & 1123-1/2 W. MAIN ST.) 1-55 X 40/39 ITEM 3 RODRIGUE, BRUNNER, ETAL, LABAUVE, COURREGE ETAL.

Utilities

Heating system Central
Cooling system Ceiling Fan(s), Central Air

Building Details

Floors in Building 1
Number of units 2
Building materials Brick, Wood Siding
Roof type Metal
Listing Agency: EXP Realty, LLC
Listed By: Jennifer Kenney · License #995708655
Added: Mar 30 Changed: Jul 25 Last Checked: Aug 22 at 11:06AM
MLS# 2600002631

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.

Located in New Iberia, this 2,110 square foot, one-story duplex features two matching units. Each unit offers 1,055 square feet of living space, with one bedroom and one bathroom. Situated on a quarter-acre lot, the property provides ample parking space. The property presents an opportunity for portfolio growth. Both units are currently vacant, but have been previously leased for $725 per unit, generating a total monthly income of $1,450. The property can be purchased individually or as part of a package that includes 10 properties.

Key Highlights

  • 2,110 SF 1‑story duplex with matching units, each 1,055 SF
  • Each unit offers 1 bedroom and 1 bathroom (2 total bedrooms, 2 total bathrooms)
  • Quarter‑acre lot with ample space for parking

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Parking Lot & Garage Pharmacy Building Supply

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby

Demographics for 70560, LA

39,457
Population
16,970
Households
2.3
Avg Household Size
38
Median Age
11%
College-Educated
80%
High-School Grad
176.1 sq mi
ZIP Area
224
Density / Sq Mi
$48,296
Median Household Income
$31,864
Median Earnings
$886
Median Rent
$126,500
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?
Duplex - 2,110 SF duplex in New Iberia, Louisiana for sale.
Where is this duplex located?
The property is located at 1123 W Main Street New Iberia, LA.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: 2,110 SF 1‑story duplex with matching units, each 1,055 SF; Each unit offers 1 bedroom and 1 bathroom (2 total bedrooms, 2 total bathrooms); Quarter‑acre lot with ample space for parking
More about this property
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