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Two-Building Multifamily Property
For Sale
Contact for pricing
Pending

1318 Delasalle Dr, New Iberia, LA 70560

Two well-maintained buildings totaling 12 units provide residential rental income in New Iberia, Louisiana.

Property SizeContact for details
Days on Market120

Property Features for 1318 Delasalle Dr

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 12
Listing Agency: NAI Rampart
Listed By: Lori Lege · License #LA SALE.0995693945-ACT
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 8 at 10:08AM

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 NAI Rampart

Investment Insights

Based on property information with market context.

This for-sale multifamily property consists of two buildings with a total of 12 residential units. The units are described as well-maintained and positioned to support consistent rental performance.

The property is located in New Iberia, Louisiana, and is presented as being near essential amenities and major transportation routes, offering convenience and accessibility for tenants.

As an income-focused residential asset, it is marketed as having a proven track record of reliable rental income and a maintained sense of community within the complex.

Key Highlights

  • Two well‑maintained buildings with a total of 12 residential rental units in New Iberia, Louisiana
  • Multifamily property designed for consistent rental income with a proven track record of reliable rental income
  • Well‑maintained units in a community setting, supporting consistent occupancy and income generation

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Kitchen & Bath Showroom Grocery & Convenience Store

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

455
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two well-maintained buildings totaling 12 units provide residential rental income in New Iberia, Louisiana.
Where is this apartment building located?
The property is located at 1318 Delasalle Dr New Iberia, LA.
What are key features of this property?
This property features: Two well‑maintained buildings with a total of 12 residential rental units in New Iberia, Louisiana; Multifamily property designed for consistent rental income with a proven track record of reliable rental income; Well‑maintained units in a community setting, supporting consistent occupancy and income generation
More about this property
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