8-Unit Apartment
For Sale
$450,000
224 Stewart Street, Lafayette, LA 70501
Commercial Sale, Lafayette, LA
Property Size4,923 SF
Lot Size0.27 Acres
Price / SF$91.41
Days on Market25
Property Features for 224 Stewart Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Resident, Mixed
Parking
1012
Parking features
Parking Lot
Subdivision
Mouton Addition
Lot features
Level
Directions
From Evangeline Thruway, go south on Johnston st to left on Stewart St, property is on the right
Standard status
Active
APN
6017541
Size
4,923 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Description
LOT 161 162 MOUTON ADDITION (100X122.75) (MARTIN APARTMENTS)
Legal Description
LOT 161 162 MOUTON ADDITION (100X122.75) (MARTIN APARTMENTS)
Utilities
Heating system
Electric (Heating), Natural Gas
Cooling system
Window Unit(s), Ceiling Fan(s)
Water source
Public
Building Details
Flooring type
Tile, Wood, Vinyl, Concrete
Roof type
Composition
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Diana Greene · License #0912123767
(337) 739-3938
Added: Sep 12
Changed: Sep 15
Last Checked: Oct 6 at 5:06PM
MLS# 2600008578
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 multifamily property includes 8 residential units across two buildings totaling 4,923 square feet. The front structure is a duplex with two two-bedroom, one-bath units, each offering a living area, dine-in kitchen, and appliances. A six-unit building at the rear contains one-bedroom, one-bath units with open living and kitchen areas.
All units are currently occupied. Both buildings have composition roofs installed 5 years ago, and the property includes a parking lot, public water, and a mix of tile, wood, vinyl, and concrete flooring. Heating is provided by electric and natural gas systems, with window units and ceiling fans for cooling. 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 composition roofs installed 5 years ago, and the property includes a parking lot, public water, and a mix of tile, wood, vinyl, and concrete flooring. Heating is provided by electric and natural gas systems, with window units and ceiling fans for cooling. 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 totaling 4,923 square feet
- Front duplex includes two 2‑bedroom, 1‑bath units
- Rear 6‑plex includes six 1‑bedroom, 1‑bath units
Property Analytics
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Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,154
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 - Fully occupied multifamily property with a duplex and six additional residential units.
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 $450,000.
What are key features of this property?
This property features: 8 residential units across two buildings totaling 4,923 square feet; Front duplex includes two 2‑bedroom, 1‑bath units; Rear 6‑plex includes six 1‑bedroom, 1‑bath units
