8-Unit Apartment
For Sale
$425,000
224 Stewart Street, Lafayette, LA 70501
Commercial Sale, Lafayette, LA
Property Size4,923 SF
Lot Size0.27 Acres
Price / SF$86.33
Days on Market47
Property Features for 224 Stewart Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Resident, Mixed
Parking
1012
Parking features
Parking Lot
Lot features
Level
Directions
From Evangeline Thruway, go south on Johnston st to left on Stewart St, property is on the right
Subdivision
G2
Standard status
Active
APN
6017541
Size
4,923 SF
Lot size
0.27 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
LOT 161 162 MOUTON ADDITION (100X122.75) (MARTIN APARTMENTS)
Tax Annual Amount
3172
Legal Description
LOT 161 162 MOUTON ADDITION (100X122.75) (MARTIN APARTMENTS)
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas
Cooling system
Ceiling Fan(s), Window Unit(s)
Water source
Public
Building Details
Flooring type
Concrete, Wood, Tile, Vinyl
Building materials
Frame
Roof type
Composition
Buildings
2
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Diana Greene · License #0912123767
(337) 739-3938
Added: Sep 12
Changed: Oct 23
Last Checked: Oct 28 at 11:06PM
MLS# 2600008578
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.
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Investment Insights
Based on property information with market context.
The property comprises two frame buildings with eight apartments and 4,923 square feet of combined building area. The front duplex contains two units, each with two bedrooms, one bathroom, a living area, and a dine-in kitchen equipped with appliances. A rear six-unit building provides one-bedroom, one-bathroom apartments with open living and kitchen areas. Both buildings have roofs that are five years old.
The 0.27-acre property is within walking distance of UL, downtown Lafayette, Johnston Street’s parade route, and area businesses and restaurants. All units are currently occupied.
The 0.27-acre property is within walking distance of UL, downtown Lafayette, Johnston Street’s parade route, and area businesses and restaurants. All units are currently occupied.
Key Highlights
- Eight occupied residential units across a duplex and a six‑unit building
- 4,923 square feet of building area on a 0.27‑acre parcel
- Front duplex totals 2,224 square feet; each apartment has 2 bedrooms and 1 bathroom
Property Analytics
Who owns this building?
See the owner, sales and loan history
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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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Cap Rate, Value Estimation, Potential NOI and more
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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 one- and two-bedroom layouts, and every apartment is 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 occupied residential units across a duplex and a six‑unit building; 4,923 square feet of building area on a 0.27‑acre parcel; Front duplex totals 2,224 square feet; each apartment has 2 bedrooms and 1 bathroom
