426 Bellevue Street, Lafayette, LA 70506
MULTI_FAMILY - Lafayette, LA
- Added:
- Jun 9, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 15 at 9:06 am
Property Features for 426 Bellevue Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 13
- Rooms
- Bedroom 7, Bedroom 1, Bathroom 4, Bedroom 10, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 12, Bathroom 6, Bedroom 13, Bathroom 7, Bedroom 8, Bathroom 1, Bathroom 5, Bedroom 9, Bedroom 4, Bedroom 6, Bedroom 11, Bedroom 3, Bedroom 2
- Parking
- 11
- Parking features
- Covered, Carport, Parking Lot
- Interior features
- Electric Dryer Connection, Electric Stove Connection, Electric Washer Connection, Gas Stove Connection
- Appliances
- Dishwasher, Freezer, Refrigerator, Gas Range
- Standard status
- Active
- APN
- 6055726
- Size
- 6,068 SF
- Lot size
- 1.07 Acres
Taxes and HOA fees
- Tax Description
- Lots 21 & 22 BLK 12 Souvenir Heights
Utilities
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Floors in Building
- 1
- Number of units
- 7
- Building materials
- Vinyl Siding, Wood Siding
- Roof type
- Metal
Listing agent Nick Hundley License #995686646 (337) 789-6539
Listing office EXP Realty, LLC 1318 Camellia Blvd. Suite 222, Lafayette, LA (337) 522-7554
Listing date Jun 9, 2026
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.
HighLights
- Investment package of 7 income‑producing rental units with a total monthly rent of $8,270
- All properties are currently occupied, providing immediate cash flow from day one
- Package includes 103 Edwis St (3BR/1BA) and 501 Macon St (3BR/1BA)
- Package includes 107 Philhurst (3BR/2BA) and 426 Bellevue St with a 3BR/2BA main house plus a 1BR/1BA apartment
- Package includes 505 Cedar Crest (2BR/2BA) and 507 Cedar Crest (1BR/1BA)
- Sold as‑is and must be purchased as a package; seller will not separate properties
Overview
The individual addresses are within minutes of one another, and the portfolio is presented with existing management and rent rolls in place. The seller is marketing the homes together as a package only and will not separate them. The total reported monthly rent for the group is $8,270.
For buyers looking for a turnkey, tenant-occupied residential income package, this offering provides a diversified unit mix from 1-bedroom through 3-bedroom configurations within a single acquisition. Because the properties must be purchased together and are sold as-is, this package is best suited for investors who want to add multiple units at once and proceed under the seller’s terms.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $127.4k | $21.00 |
| − Vacancy | −$33.9k | −$5.59 |
| EGI | $93.5k | $15.41 |
| − OpEx | −$42.1k | −$6.94 |
| NOI | $51.4k | $8.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Lafayette
- State
- Louisiana
- Longitude
- -92.029963
- Latitude
- 30.226478
