New listing$185,000
321 Elizabeth Avenue
Lafayette, LA 70501
Listing courtesy of Keller Williams Realty Acadiana IDX · MLS# 200OGL
Locally owned in Lafayette, Louisiana · Since 1984
Locally owned in Lafayette, Louisiana · Since 1984
$168,000
Investment opportunity in The Plantation with a tenant already in place, currently leased at $1,300 per month through 9/30/2027 for a 6.94% cap rate. The tenant has lived in the unit for 8 years and is willing to end the lease early if necessary, but would like to stay through at least the end of May 2027. The roof was replaced in 2022 and the water heater in 2025. A complete interior renovation about 9 years ago brought engineered wood flooring, granite countertops in the kitchen and both bathrooms, and stainless steel appliances. The living room has a vaulted ceiling, and the kitchen opens to the dining area. Outdoor features include a private fenced patio and a covered carport. Tenant occupied, so showings are by appointment only with 24 hour notice. Income and expense spreadsheets are available to interested buyers.
Listing courtesy of Epique Realty IDX · LaBroker@EpiqueRealty.com · 888-893-3537
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
204 Long Plantation Boulevard, F, Lafayette, LA 70508
Listing data from the IDX program of ROAMmls. Listings held by brokerages other than Guidry & Co. Real Estate, Inc. are marked “IDX” and include the name of the listing brokerage. Information deemed reliable but not guaranteed. Listing last updated Oct 22, 2026, 10:33 AM CT.
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