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Lafayette Multifamily Investment Package
For Sale
$325,000

1716 12th Street, Lafayette, LA 70501

MULTI_FAMILY - Lafayette, LA

Property Size5,000 SF
Lot Size0.10 Acres
Price / SF$65
Days on Market149

Property Features for 1716 12th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Full bathrooms 4
Rooms Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 8
Parking 6
Subdivision Veazey Addition
Elementary school J W Faulk
Middle school Paul Breaux Middle
High school Northside
Elementary school district Lafayette Parish
Middle school district Lafayette Parish
High school district Lafayette Parish
Directions From Evangeline Thruway, turn right onto 12th Street. Home will be on the right side of the road.
Standard status Active
APN 6072850
Size 5,000 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description W 85FT LOT 11 BLK 9 VEAZEY ADD (50X85)
Legal Description W 85FT LOT 11 BLK 9 VEAZEY ADD (50X85)

Building Details

Number of units 6
Building materials Vinyl Siding, Wood Siding
Listing Agency: JL Real Estate, LLC
Listed By: Jacob Landry · License #995682149
Added: Apr 6 Changed: May 14 Last Checked: Sep 1 at 12:06AM
MLS# 2600002861

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 offering comprises a package of six income-producing rental properties, all currently occupied. The total monthly rental income is $3,550. The properties, totaling approximately 5,000 square feet, are located in Lafayette, Louisiana. The package includes properties at 1716 12th Street, 1603 12th Street, 306 Verdun, 308 Verdun, 312 Sophie, and 312 1/2 Sophie, as well as 408 Diaz. The combined lot size is approximately 0.1 acres. The properties are being sold 'as is' as a single package and will not be separated.

Key Highlights

  • Package of 6 income‑producing rental properties
  • Total monthly rent of $3,550
  • All units are currently occupied, offering immediate returns

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby

Demographics for 70501, LA

28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
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?
Apartment building - Six income-producing rental properties in Lafayette, Louisiana.
Where is this apartment building located?
The property is located at 1716 12th Street Lafayette, LA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Package of 6 income‑producing rental properties; Total monthly rent of $3,550; All units are currently occupied, offering immediate returns
More about this property
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