*Tenant occupied property. Accepted offer/proof of funds required prior to showings. 48 notice required* *Ask about creative financing, 30%-40% owner finance/cash back option*Discover a prime investment opportunity with this 6-unit multi-family property in Freetown, perfectly situated within walking distance of the university. Each 2-bedroom, 1-bathroom, 886 sqft unit has been tastefully refreshed with laminate flooring, fresh paint, and more. Currently 100% occupied with tenants responsible for all utilities, this property generates an average rent of approximately $825 per unit, with potential for increases upon renewal. The owner is only responsible for taxes and insurance, making this a fantastic turnkey investment in a high-demand rental area.
Sold
Price Unknown
901 Lamar St, Lafayette, LA 70501
8beds
3,544sqft
Multi Family
Built in ----
-- sqft lot
$468,300 Zestimate®
$--/sqft
$910 Estimated rent
Home value
$468,300
$412,000 - $524,000
$910/mo
Zestimate® history
Owner options
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List your homeWhat's special
Fresh paintLaminate flooring
Zillow last checked:
Listing updated:
Listed by:
Teresa W Rainey,
Real Broker, LLC
Source: RAA,MLS#: 24007027
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Refrigerator, Electric Cooktop
Features
- Ceiling Fan(s)
- Flooring: Laminate, Other
Interior area
- Total structure area: 5,317
- Total interior livable area: 3,544 sqft
Property
Parking
- Total spaces: 13
- Parking features: Assigned
Features
- Stories: 2
- Fencing: Chain Link,Partial
Lot
- Size: 5,188 sqft
- Dimensions: 50 x 103.75
- Features: Corner Lot, Level
Details
- Parcel number: 6054633
- Zoning: MN-1
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Brick Veneer
- Foundation: Slab
- Roof: Other
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Lafayette
- Subdivision: Second Mouton
HOA & financial
Other financial information
- Total actual rent: 3175
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2025 | Sold | -- |
Source:  RAA #24007027 Report a problem | ||
| 11/24/2024 | Pending sale | $565,000$159/sqft |
Source: RAA #24007027 Report a problem | ||
| 7/25/2024 | Listed for sale | $565,000$159/sqft |
Source: RAA #24007027 Report a problem | ||
| 5/1/2023 | Sold | -- |
Source: Public Record Report a problem | ||
| 6/29/2021 | Sold | -- |
Source: RAA #21006014 Report a problem | ||
| 1/25/2019 | Listing removed | $700 |
Source: Van Eaton & Romero, LLC #18003543 Report a problem | ||
| 12/27/2018 | Sold | -- |
Source: Public Record Report a problem | ||
| 4/13/2018 | Listed for rent | $700 |
Source: Van Eaton & Romero, LLC #18003543 Report a problem | ||
| 9/12/2005 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,902 +29.8% | $46,599 +29% |
| 2023 | $3,777 +30.7% | $36,115 +30.8% |
| 2022 | $2,890 -0.3% | $27,617 |
| 2021 | $2,899 +0.3% | $27,617 |
| 2020 | $2,890 +4.3% | $27,617 |
| 2019 | $2,772 -1.7% | $27,617 |
| 2018 | $2,818 +28.4% | $27,617 +28.2% |
| 2017 | $2,196 | $21,542 +6.1% |
| 2015 | $2,196 +17.9% | $20,300 +10.9% |
| 2013 | $1,863 +20.5% | $18,300 |
| 2011 | $1,546 +0.2% | $18,300 |
| 2010 | $1,544 -17.5% | $18,300 |
| 2008 | $1,871 +273.8% | $18,300 +275.8% |
| 2006 | $501 +0.8% | $4,870 |
| 2005 | $497 +7.7% | $4,870 |
| 2002 | $461 +6.2% | $4,870 |
| 2001 | $434 -4.9% | $4,870 |
| 2000 | $456 | $4,870 |
Find assessor info on the county website
Neighborhood: 70501
Nearby schools
GreatSchools rating
- 8/10Woodvale Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 9/10L.J. Alleman Middle SchoolGrades: 6-8Distance: 2.4 mi
- 9/10Lafayette High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Woodvale
- Middle: L J Alleman
- High: Lafayette
Source: RAA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$468,300
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$477,666
- Louisiana
- Lafayette Parish
- Lafayette
- 70501
- 901 Lamar St
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