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Converted Multi-Family Property
For Sale
$99,900
Pending

1127 Jane Street, New Iberia, LA 70560

MULTI_FAMILY - New Iberia, LA

Property Size3,150 SF
Lot Size0.34 Acres
Days on Market23

Property Features for 1127 Jane Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking 5
Window features Window Treatments
Interior features Window Treatments, Gas Dryer Connection, Gas Stove Connection
Exterior features Lighting, Outside Light
Appliances Gas Range
Elementary school Park
Middle school Anderson
High school Westgate
Elementary school district Iberia Parish
Middle school district Iberia Parish
High school district Iberia Parish
Directions From W. Admiral Doyle Dr, take Landry Dr to Jane St, then turn right. Property will be on the right
Subdivision I1
Standard status Pending
APN 0505003995
Size 3,150 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Description 100' x 150'; Segura, Dubois, Jane St, Leone
Legal Description 100' x 150'; Segura, Dubois, Jane St, Leone

Utilities

Cooling system Window Unit(s)
Water source Public

Building Details

Floors in Building 2
Number of units 3
Flooring type Tile, Concrete
Building materials Block
Roof type Metal
Listing Agency: Caffery Real Estate, Inc.
Listed By: Michael Lamperez · License #995703666
Added: Jul 8 Changed: Jul 25 Last Checked: Jul 30 at 3:06PM
MLS# 2600006256

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.

The property at 1127 Jane Street has been converted from a former commercial space into three 1-bedroom, 1-bath units. In addition to the main building, there is a separate mobile home in the rear of the property that could be renovated or replaced to create an additional fourth unit. The lot totals 0.34 acres, supporting the current residential configuration and additional development of the rear structure.

Per public remarks, the property is zoned C-1. The offering is described as being in the heart of New Iberia, with the existing conversion providing immediate residential use while preserving the option to consider reverting portions of the space back to commercial use if needed.

For buyers seeking a small residential income setup, the current layout provides three separate 1-bedroom units within a former commercial structure. For operators or investors looking for flexibility, the presence of the additional rear mobile home offers a straightforward path to expand unit count. The C-1 zoning and the fact that the space was previously used commercially may also appeal to those evaluating mixed residential and commercial potential within a single site.

Key Highlights

  • Former commercial space converted into 3 units (1‑bed, 1‑bath each)
  • C‑1 zoning—property could potentially be converted back to commercial use
  • Separate mobile home in the rear that could be renovated or replaced for an additional 4th unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Catering Service Home Appliance Store 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

482
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex-style income property with C-1 zoning, offering flexibility for residential use or potential return to commercial space.
Where is this triplex located?
The property is located at 1127 Jane Street New Iberia, LA.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Former commercial space converted into 3 units (1‑bed, 1‑bath each); C‑1 zoning—property could potentially be converted back to commercial use; Separate mobile home in the rear that could be renovated or replaced for an additional 4th unit
More about this property
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