New Iberia, LA Multifamily Properties for Sale

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Saint Martinville, LA Breaux Bridge, LA Cade, LA Jeanerette, LA Broussard, LA Youngsville, LA Delcambre, LA Erath, LA

9 properties

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Updated: Dec 29, 2023

New Iberia Multifamily Investment

1318-1320 Delasalle Drive, New Iberia, LA 70560

$499,000

7,500 sqft

Stable Income Stream: Proven track record of reliable rental income.
12 Units: Multifamily property with twelve units across two buildings.
Convenient Location: Strategically situated near essential amenities and major transportation routes.
Well‑Maintained Units: Comfortable living spaces that foster a sense of community.
Durable Construction: Built with block and brick materials.

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This listing looks promising.

Here's a quick look at some key insights for

1318-1320 Delasalle Drive, New Iberia, LA 70560

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Est. Cap Rate

9.2%
Above avg (5.9%)
Est. NOI

$46K
Annual
Price @ 7% Cap

$654K
Above asking
Last Sold

Aug 2020
$120K

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Updated: Jun 11

Four-Unit Residential Income Property

1060 W Main Street, New Iberia, LA 70560

$320,000

4,163 sqft 0.77 AC lot

Multi‑unit setup with multiple rental units: front split 2‑story with two 2BR/1BA units
Additional unit mix includes a 1BR/1BA garage apartment and a 2BR/1BA home at 210 North Street
Currently all units are occupied and ready for a new owner
9+ ft high ceilings, window treatments, and laminate and wood flooring
Electric heating with ceiling fan(s) and window unit(s) for cooling

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Mobile Home Park with Expansion Lots

4701 Eraste Hebert Road, New Iberia, LA 70560

$240,000

7,824 sqft 3.15 AC lot

Established 16-lot park with individual yards and multiple occupied and vacant lots for potential redevelopment.

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New Iberia Mobile Home Park

1110 Walton Street, New Iberia, LA 70560

$775,000

145,000 sqft

28-lot mobile home park with expansion potential.

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Converted Multi-Family Property

1127 Jane Street, New Iberia, LA 70560

$99,900

3,150 sqft 0.34 AC lot

Triplex-style income property with C-1 zoning, offering flexibility for residential use or potential return to commercial space.

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Duplex-Style Manufactured Home Investment

2817 Mayo Street, New Iberia, LA 70560

$90,000

2,316 sqft 1.37 AC lot

Two manufactured homes on approximately 1.37 acres offer flexible rental or multi-generational living options.

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Turnkey 12-Plex in Opportunity Zone

314 Deare Street, New Iberia, LA 70560

$670,000

5,712 sqft

Newly remodeled 12-unit complex, ready to generate income.

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New Iberia Duplex Opportunity

1123 W Main Street, New Iberia, LA 70560

$99,000

2,110 sqft 0.25 AC lot

2,110 SF duplex in New Iberia, Louisiana for sale.

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Two-Unit Residential Income Duplex

713 St. Jude Avenue, New Iberia, LA 70560

$84,999

1,883 sqft 0.23 AC lot

Two detached units with covered carports, each offering dedicated living space and separate income streams.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 9 Active listings in New Iberia, LA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Duplex with Carports

1022/1024 Vieux Jacquet Road, Broussard, LA 70518

$175,000

1,666 sqft 0.92 AC lot

Duplex offers flexible owner-occupant or rental income with two 2-bedroom units and dedicated parking for each.

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Three-Home Residential Income Property

1033/1035 Vieux Jacquet Road, Broussard, LA 70518

$250,000

2,734 sqft

Three homes on one parcel with existing rental income, including a road-front cypress home and two rear vinyl-sided units.

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Historic St. Martinville Commercial Opportunity

Saint Martinville, LA 70582

$399,500

3,835 sqft 0.35 AC lot

Charming two-story building in historic downtown St. Martinville.

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St. Martinville Multifamily Investment Opportunity

Saint Martinville, LA 70582

$550,000

6,640 sqft

Four rental units in historic downtown St. Martinville.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in New Iberia

909 Oakcrest Drive lot: 6 Blk E, New Iberia, LA 70563

$36,000

0.87 AC lot

Large country lot suitable for mobile homes in New Iberia.

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Residential Lot on Bull Island

5712 Bull Island Road, New Iberia, LA 70560

Contact for pricing

0.17 AC lot

Unrestricted lot ready for building or mobile home placement.

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Residential Land with Driveway

4211 Erice Campbell Road, New Iberia, LA 70560

Contact for pricing

1.50 AC lot

Buildable 1.5-acre lot in an R-2 zone, with driveway access, a water well, and utility power on site.

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Versatile Land Parcel For Sale

Saint Martinville, LA 70582

$307,804

10.99 AC lot

10.99 acre commercial land parcel in St. Martinville, LA.

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Off-Market Properties in New Iberia, LA

Consider similar Off-Market properties in New Iberia, LA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

314 Deare St, New Iberia, LA 70560

Value Estimation by Request

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New Iberia, LA Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in New Iberia, LA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 179,658 square feet of properties for sale, with an estimated market value of $2,877,899.

Sale prices for multifamily properties in New Iberia, LA start at $84,999, averaging $319,766, and reaching up to $775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 58K

Population Growth (5Y) -2.9%

Median Household Income $57,053

College Educated 14.0%

High-Yield Neighborhoods for Investment

Identify New Iberia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
70560	$330.8K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Iberia Parish

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Iberia Parish

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