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Six-Property Residential Rental Portfolio
For Sale
$325,000

1716 12th Street, Lafayette, LA 70501

Multifamily, Lafayette, LA

Property Size5,000 SF
Lot Size0.10 Acres
Price / SF$65
Days on Market209

Property Features for 1716 12th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 6, Bedroom 4, Bathroom 4, Bedroom 7, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 8, Bedroom 5
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.
Special listing conditions Third Party Approval
Standard status Active
APN 6072850
Size 5,000 SF
Lot size 0.10 Acres

Additional Details

Tenant in Place Yes

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)

Utilities

Sewer type Public Sewer

Building Details

Number of units 6
Building materials Frame, Vinyl Siding, Wood Siding
Listing Agency: JL Real Estate, LLC
Listed By: Jacob Landry · License #995682149
Added: Apr 6 Changed: Oct 24 Last Checked: Oct 31 at 2:06AM
MLS# 2600002861

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.

Rey
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Investment Insights

Based on property information with market context.

This residential income portfolio consists of six properties with a combined 5,000 square feet. The buildings use frame construction with vinyl and wood siding, and the properties are served by public sewer. All units are occupied, with a total of six rental locations included in the package.

The properties are being offered together and are not available for separate purchase.

Key Highlights

  • Six residential rental properties offered as a single package
  • All units are currently occupied
  • 5,000 square feet combined property size

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

6
Residential units
100%
Occupancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - The occupied portfolio combines six rental properties offered together as one package.
Where is this residential income property 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: Six residential rental properties offered as a single package; All units are currently occupied; 5,000 square feet combined property size
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