8-Unit Apartment
For Sale
$425,000
224 Stewart Street, Lafayette, LA 70501
Two residential buildings offer a mix of two-bedroom and one-bedroom apartments, with every unit currently occupied.
Property Size4,923 SF
Price / SF$86.33
Days on Market49
Property Features for 224 Stewart Street
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
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,172
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: Oct 28
Last Checked: Oct 28 at 4:14PM
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
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Investment Insights
Based on property information with market context.
This apartment property consists of two buildings totaling 4,923 square feet. The front building is a duplex with two apartments, each featuring two bedrooms, one bathroom, a living area, and a dine-in kitchen with appliances. A rear six-unit building adds six one-bedroom, one-bath apartments with open living and kitchen areas. All eight units are occupied, and both buildings have roofs that are five years old.
The property is on Stewart Street in Lafayette, within walking distance of UL, downtown, restaurants, and other businesses. Johnston Street’s parade route is also nearby.
The property is on Stewart Street in Lafayette, within walking distance of UL, downtown, restaurants, and other businesses. Johnston Street’s parade route is also nearby.
Key Highlights
- Eight residential units across two buildings
- Front duplex totals 2,224 square feet; each apartment has 2 bedrooms and 1 bathroom
- Rear six‑unit building totals 2,699 square feet; each apartment has 1 bedroom and 1 bathroom
Property Analytics
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Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,299
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Apartment building - Two residential buildings offer a mix of two-bedroom and one-bedroom apartments, with every unit currently occupied.
Where is this apartment building located?
The property is located at 224 Stewart Street Lafayette, LA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Eight residential units across two buildings; Front duplex totals 2,224 square feet; each apartment has 2 bedrooms and 1 bathroom; Rear six‑unit building totals 2,699 square feet; each apartment has 1 bedroom and 1 bathroom
