Eight-Unit Apartment
New
For Sale
$450,000
224 Stewart St, Lafayette, LA 70501
Two-building residential income property with a duplex and six-unit building, all currently occupied.
Property Size4,923 SF
Price / SF$91.41
Days on Market5
Property Features for 224 Stewart St
General Information
Standard status
Active
Size
4,923 SF
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA, 6 x 1BR/1BA
Multifamily Units
8
Building Details
Buildings
2
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Diana Greene · License #0912123767
(337) 739-3938
Source:
Exprealty
Added: Sep 12
Changed: Sep 15
Last Checked: Sep 15 at 2:17PM
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 Keller Williams Realty Acadiana
Investment Insights
Based on property information with market context.
This eight-unit multifamily property comprises two separate residential buildings totaling 4,923 square feet. The front structure is a 2,224-square-foot duplex with two bedrooms and one bathroom in each unit, along with spacious living areas, dine-in kitchens, and appliances. A rear 2,699-square-foot six-unit building provides one-bedroom, one-bath apartments with open living and kitchen layouts.
All units are currently occupied. Both buildings have roofs that are 5 years old. The property is within walking distance of UL, downtown, businesses, restaurants, and the Johnston Street parade route.
All units are currently occupied. Both buildings have roofs that are 5 years old. The property is within walking distance of UL, downtown, businesses, restaurants, and the Johnston Street parade route.
Key Highlights
- 8 residential units across two buildings
- Front duplex totals 2,224 sq ft with two 2‑bedroom, 1‑bath units
- Rear six‑unit building totals 2,699 sq ft with 1‑bedroom, 1‑bath apartments
Property Analytics
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Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,299
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building residential income property with a duplex and six-unit building, all currently occupied.
Where is this apartment building located?
The property is located at 224 Stewart St Lafayette, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 8 residential units across two buildings; Front duplex totals 2,224 sq ft with two 2‑bedroom, 1‑bath units; Rear six‑unit building totals 2,699 sq ft with 1‑bedroom, 1‑bath apartments
