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Furnished Two-Story Triplex
For Sale
$749,900

117 Firethorn Drive, Youngsville, LA 70592

Residential Income, Youngsville, LA

Property Size3,978 SF
Price / SF$188.51
Days on Market398

Property Features for 117 Firethorn Drive

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Full bathrooms 6
Rooms Bedroom 5, Bedroom 1, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6, Bathroom 6, Bathroom 5
Parking 6
Parking features Parking Lot
Patio and Porch features Porch
Interior features High Ceilings, Walk-In Closet(s), 9+ Ft Ceiling, Electric Dryer Connection, Electric Stove Connection, Electric Washer Connection, Walk-In Closet(s)
Exterior features Balcony, Lighting, Balcony, Outside Light, Porch
Appliances Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Range, Electric Cooktop
Lot features Landscaped
Elementary school Ernest Gallet
Middle school Youngsville
High school Southside
Elementary school district Lafayette Parish
Middle school district Lafayette Parish
High school district Lafayette Parish
Directions Head East on La 92E towards Heartland Ln, At the traffic circle, continue straight onto E Milton Ave, At the traffic circle, take the 1st exit onto Chemin Metaire Rd, Turn right at Centre Sarcelle Blvd. Reeds Townhouses will be near the end of Centre Sarcelle Blvd
Subdivision P
Standard status Active
Size 3,978 SF

Taxes and HOA fees

HOA Fee $100 Monthly

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air, Ceiling Fan(s)
Water source Public
Water front 1

Building Details

Floors in Building 2
Number of units 3
Flooring type Concrete, Vinyl
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Compass · ERA Real Estate
Listed By: Teresa Scarsella · License #11482
Added: Sep 5, 2025 Changed: Sep 13 Last Checked: Oct 7 at 3:06PM
MLS# 2500003261

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 3,978-square-foot triplex comprises newly built, furnished two-story residences. Each residence places the living room, kitchen, laundry area, and half bathroom on the first level, with two bedrooms upstairs, each paired with a private full bathroom and walk-in closet. Kitchens include refrigerators, electric ranges, microwaves, dishwashers, and disposals; washers and dryers are also provided. High ceilings, vinyl and concrete flooring, central heating and cooling, vinyl siding, composition roofing, and public water service are among the documented features.

The property is located at 117 Firethorn Drive in Youngsville, Louisiana, within Metairie Center. It sits behind Agave, Corner Bar, and Anytime Fitness, across from Sugar Mill Pond, and near the Youngsville Sports Complex as well as local dining, shopping, and entertainment. Outdoor features include private concrete patios, low-maintenance yards, porches, balconies, exterior lighting, and access to a large green space. Pets are not allowed.

Key Highlights

  • 3,978 square feet of total property size
  • Triplex with newly built, furnished two‑story residences
  • Each residence includes 2 bedrooms and 2 private full bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,158
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,160 $603.2K
Cap Rate 7%
$430,829 $430.8K
Cap Rate 9%
$335,089 $335.1K
Market Conditions
NOI Build-Up for 3,978 SF
Gross rent
$48.2K $12.12/SF
− Vacancy
−$5.1K −$1.29/SF
EGI
$43.1K $10.83/SF
− OpEx
−$12.9K −$3.25/SF
NOI
$30.2K $7.58/SF
Area
Lafayette County, LA
Vacancy
10.64%
Lease Rate
$12.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,160
Cap Rate 7%
$430,829
Cap Rate 9%
$335,089

Alternative Uses

Best Use
Multifamily LT 5
$430.8K
$377.0K – $502.6K (±1% cap)
NOI $30,158 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$373.0K
$326.4K – $435.2K (±1% cap)
NOI $26,112 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$940.5K
$823.0K – $1.10M (±1% cap)
NOI $65,837 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

Demographics for 70592, LA

28,975
Population
11,583
Households
2.5
Avg Household Size
34
Median Age
35%
College-Educated
95%
High-School Grad
42.5 sq mi
ZIP Area
682
Density / Sq Mi
$93,453
Median Household Income
$53,063
Median Earnings
$1,106
Median Rent
$239,000
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?
Triplex - Newly built furnished residences feature private patios, modern interiors, and access to shared green space.
Where is this triplex located?
The property is located at 117 Firethorn Drive Youngsville, LA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 3,978 square feet of total property size; Triplex with newly built, furnished two‑story residences; Each residence includes 2 bedrooms and 2 private full bathrooms
More about this property
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