$237,000
Lafayette, LA 70501
MLS# 2500006185
1791 sqft
1 / 28
Property Description
Seize a premier investment or House Hacking opportunity with this newly renovated, centrally located duplex offering unparalleled versatility. The property's desirable Mixed-Use zoning is a massive value add, allowing for highly profitable Short-Term Rentals (STRs) while its proximity to Downtown Lafayette ensures sustained tenant demand. The building is efficiently split into two renovated units: a spacious Unit One (3 Bed/1 Bath, 1,251 sqft) and a cash-flowing Unit Two (1 Bed/1 Bath, 544 sqft). Both residences feature modern finishes and crucial capital improvements, including a roof that is approximately two years old. This is a turnkey asset built for durability and minimal maintenance. Operationally efficient, the property is individually metered for electricity, with designated parking spaces for each unit. Situated high and dry in Flood Zone X, it offers lower insurance exposure. Its strategic position provides quick access to Downtown Lafayette, River Ranch, premier shopping, dining, and major thoroughfares. With a sought-after four-bedroom layout, recent renovations, and the potential for house hacking or lucrative STR income, this is an excellent strategic addition for any forward thinking investor. Schedule your private tour today to unlock this versatile asset's full potential. MN-1 provides an opportunity to establish neighborhood retail, convenience, service, office, and institutional uses in the Residential and Mixed Residential categories.
Details
Listing Info
Delayed Marketing: No
For Sale: Yes
For Lease: No
List Price/SqFt: 132.33
Date Available: 2025-12-10
Document Modified: 2025-12-10 11:04:39.570681
Status: Active
Listing Date: 2025-12-10
Listing Price: 237000
Current Price: $237,000
Modification Timestamp: 2025-12-10T17:13:31Z
Photo Modified: 2025-12-10T17:07:16Z
Location, Tax & Legal Info
Flood Zone: X
Legal Desc: LOT 1 & N 1/2 LOT 4 BLK F HOPKINS ADD (75 FT FRONT)
Location
Urban: 1
General Property Description
Approximate Age: 76+ Years
Condition: Average
Lot Dimensions: 75X120
Stories: 1
SqFt - Total: 1791
SqFt - Source: Approximate
Mineral Rights: Reserved
Acreage Range: 0 - 0.5
SqFt - Retail: 0
SqFt - Office: 1791
SqFt - Warehouse: 0
Current Use: Rental Property
Acres: 0.21
Sale/Lease Info
Lease Purchase: No
Est Bldg Ins: 2500
Remarks & Misc
Remarks: Seize a premier investment or House Hacking opportunity with this newly renovated, centrally located duplex offering unparalleled versatility. The property's desirable Mixed-Use zoning is a massive value add, allowing for highly profitable Short-Term Rentals (STRs) while its proximity to Downtown Lafayette ensures sustained tenant demand. The building is efficiently split into two renovated units: a spacious Unit One (3 Bed/1 Bath, 1,251 sqft) and a cash-flowing Unit Two (1 Bed/1 Bath, 544 sqft). Both residences feature modern finishes and crucial capital improvements, including a roof that is approximately two years old. This is a turnkey asset built for durability and minimal maintenance. Operationally efficient, the property is individually metered for electricity, with designated parking spaces for each unit. Situated high and dry in Flood Zone X, it offers lower insurance exposure. Its strategic position provides quick access to Downtown Lafayette, River Ranch, premier shopping, dining, and major thoroughfares. With a sought-after four-bedroom layout, recent renovations, and the potential for house hacking or lucrative STR income, this is an excellent strategic addition for any forward thinking investor. Schedule your private tour today to unlock this versatile asset's full potential.
MN-1 provides an opportunity to establish neighborhood retail, convenience, service, office, and institutional uses in the Residential and Mixed Residential categories.
Office/Member/Contract Info
List AOR: RAA
Property Type
Professional/Office: 1
Other: 1
Price Includes
Real Estate: 1
Parking
Rear Parking: 1
Road Frontage
Public Street: 1
Construction
Frame: 1
Foundation
Concrete Piers: 1
Lot Description
Corner: 1
Exterior
None: 1
Roof
Composition: 1
Heating
Central: 1
Cooling
Central Air: 1
Gas
None: 1
Flooring
Wood: 1
Electricity
110 Volts: 1
Sewer
Public Sewer: 1
Sewer Company: LUS
Water Source
Public: 1
Water Company: LUS
Financing
1031 Exchange: 1
Cash: 1
Conventional: 1
Originating Details
Originating System ID: M00000300
Originating System Key: 20251210165335716546
Originating System Listing ID: 2500006185
Originating System Name: RAA Flex
Location Tax Legal Info
Street Number: 301
Dir: S
Street Name: Pierce
St Suffix: Street
Parish: Lafayette
State: LA
Zip Code: 70501
Subdivision: Hopkins Addition
Area: G3
Tax Assessment Number: 6025384
Zone: MN-1
Directions: Take Congress towards Downtown. Turn Left on Pierce. House is on Right between Simcoe and Cameron
Property Features
Property Type: Professional/Office; Other
Location: Urban
Road Frontage: Public Street
Exterior: None
Heating: Central
Cooling: Central Air
Gas: None
Electricity: 110 Volts
Sewer: Public Sewer
Water Source: Public
Construction: Frame
Roof: Composition
Flooring: Wood
Lot Description: Corner
Parking: Rear Parking
Foundation: Concrete Piers
Financing: 1031 Exchange; Cash; Conventional
Price Includes: Real Estate
IDX
Listing Office: Keaty Real Estate Team
Last Updated: December - 10 - 2025
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
GUIDRY & CO. REAL ESTATE, Lafayette, LA. All offices are independently owned and operated. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana; MLS Real Estate listings held by brokerage firms other than GUIDRY & CO. REAL ESTATE are marked with the MLS approved icon for
IDX
. “Information Deemed Reliable But Not Guaranteed”. Copyright 2016 REALTOR® Association of Acadiana, All rights reserved.
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