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Furnished Triplex
For Sale
$749,900

117 Firethorn Drive, Youngsville, LA 70592

Multifamily, Youngsville, LA

Property Size3,978 SF
Price / SF$188.51
Days on Market414

Property Features for 117 Firethorn Drive

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 8
Full bathrooms 6
Half bathrooms 3
Rooms Bathroom 8, Bathroom 1, Bathroom 9, Bathroom 4, Bathroom 6, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 7, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 3, Bathroom 5
Parking 6
Parking features Parking Lot
Patio and Porch features Porch
Interior features Walk-In Closet(s), High Ceilings
Exterior features Lighting
Appliances Dryer, Disposal, Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer, Electric Stove Connection, Dryer, Disposal, Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer, Electric Stove Connection
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

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Central Air
Water source Public

Building Details

Number of units 3
Flooring type Plank, Concrete, Vinyl
Building materials Brick, Vinyl Siding
Roof type Composition
Listing Agency: Compass · ERA Real Estate
Listed By: Teresa Scarsella · License #11482
Added: Sep 5, 2025 Changed: Oct 23 Last Checked: Oct 23 at 4:06PM
MLS# 2500003261

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,978-square-foot triplex comprises three furnished, two-story residences. Each unit has an open first-floor living and kitchen area, a laundry closet, and a half bath. Upstairs are two bedrooms, each with a private full bathroom. Kitchens are equipped with refrigerators, electric stoves, microwaves, and dishwashers; washers and dryers are also included. Each residence has a concrete patio and a low-maintenance yard, with direct access to a larger green space.

The property is in Metairie Center in Youngsville, behind Agave, Corner Bar, and Anytime Fitness and across from Sugar Mill Pond. The Youngsville Sports Complex, dining, shopping, and entertainment are also described as nearby. Parking is provided in a lot, and the property has public water and sewer service.

Key Highlights

  • 3,978‑square‑foot triplex
  • Three furnished, two‑story residences, each with two bedrooms and private full bathrooms
  • Each unit includes a half bath, laundry closet, and kitchen appliances

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. How Realmo checks its estimates

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

Frequently Asked Questions

What type of property is this?
Triplex - Three two-story residences feature private patios and direct connection to a 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‑foot triplex; Three furnished, two‑story residences, each with two bedrooms and private full bathrooms; Each unit includes a half bath, laundry closet, and kitchen appliances
More about this property
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