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Six-Property Multifamily Portfolio
For Sale
$215,000

314 N Domingue Avenue, Lafayette, LA 70506

Residential Income, Lafayette, LA

Property Size6,700 SF
Price / SF$32.09
Days on Market12

Property Features for 314 N Domingue Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Full bathrooms 4
Rooms Bathroom 4, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 6
Parking 8
Parking features Assigned
Lot features Level
Elementary school Prairie
Middle school Scott
High school Acadiana
Elementary school district Lafayette Parish
Middle school district Lafayette Parish
High school district Lafayette Parish
Directions Head southeast on Ambassador Caffery Pkwy. Turn left onto W Congress St.Go for 0.5 mi. Turn right onto N Domingue Ave. Go for 0.3 mi. arrive at 314 N Domingue Ave Lafayette, Louisiana 70506
Subdivision G3
Standard status Active
APN 6014536
Size 6,700 SF

Taxes and HOA fees

Tax Description Sec 5 T10s R4e (1 Ac)
Legal Description Sec 5 T10s R4e (1 Ac)

Utilities

Sewer type Private Sewer, Septic Tank
Heating system Electric (Heating)
Cooling system Central Air

Building Details

Number of units 6
Building materials Vinyl Siding, Wood Siding
Listing Agency: Real Broker, LLC
Listed By: Alison Periou · License #995709532
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 13 at 11:06AM
MLS# 2600009268

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 6,700-square-foot multifamily portfolio comprises six rental properties: a main home, a red efficiency apartment, two mobile homes, and two additional apartments. The main home has long-term tenants, and the portfolio is described as fully leased. Central air and electric heat are listed; the HVAC system in the main home is approximately 7 years old.

Septic arrangements vary across the properties. The main home and red efficiency apartment share a system, as do the two additional apartments. Each mobile home has its own septic system. The property is in Lafayette, Louisiana.

Key Highlights

  • Six rental properties totaling 6,700 square feet
  • Fully leased, including a main home with long‑term tenants
  • Main home HVAC is approximately 7 years old

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Kitchen & Bath Showroom HVAC Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

616
Businesses Nearby

Demographics for 70506, LA

39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - The leased Lafayette portfolio combines a primary residence, apartments, an efficiency unit, and mobile homes.
Where is this multifamily property located?
The property is located at 314 N Domingue Avenue Lafayette, LA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Six rental properties totaling 6,700 square feet; Fully leased, including a main home with long‑term tenants; Main home HVAC is approximately 7 years old
More about this property
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