1011-1015 Lee Avenue, 1 2 3, Lafayette, LA 70501
$1,190,000
Property Type:
Residential
Bedrooms:
5
Baths:
2
Square Footage:
3,189
Lot Size (sq. ft.):
15,246
Status:
Active
Current Price:
$1,190,000
List Date:
6/03/2026
Last Modified:
6/30/2026
Overview
Description
...
(Read more)
1011, 1015 Lee Avenue is a premier live-work compound located inside a federal Opportunity Zone in Downtown Lafayette's Central Business District. This rare 0.46-acre historic property features three independent buildings totaling over 5,000 square feet of highly flexible space, including a grand late-1880s main house, a pristine two-bedroom cottage, and a successful short-term rental carriage house. Complete with an updated metal roof and massive off-street parking for multiple vehicles, the estate is perfectly optimized for a boutique bed and breakfast, a multi-unit corporate headquarters, or a luxury wellness spa. The level, beautifully landscaped lot offers custom privacy fencing, a covered porch, and dedicated storage for an RV or boat. Best of all, it provides unparalleled walkability to local cultural landmarks, public libraries, and premier dining, with the Lafayette Regional Airport just a short drive away. The main structure qualifies for Airbnb zoning and is currently an Airbnb.
Whether you're seeking steady rental income, a house-hacking opportunity, or a value-add investment, this property presents exceptional potential. Ample outdoor space, established surroundings, and proximity to city amenities make it an attractive option for tenants and owners alike. Don't miss your chance to own a versatile property in a growing area with strong rental demand.
Listing Details MLS# 2600004488
Listing Info
- Delayed Marketing
- No
- Listing Price
- 1190000
- List Price/SqFt
- 373.16
- Type
- Single Family Residence
- Property Attached
- Yes
- Sub-Type
- Historical
- Document Modified
- 2026-05-20 13:19:19.293147
- Modification Timestamp
- 2026-06-30T19:26:27Z
- Photo Modified
- 2026-06-30T19:26:03Z
Location Tax Legal Info
- Street Number
- 1011-1015
- Street Name
- Lee
- St Suffix
- Avenue
- Unit #
- 1 2 3
- Parish
- Lafayette
- State
- LA
- Zip Code
- 70501
- Subdivision
- None
- Area
- G3
- Tax Assessment Number
- 6172064
- Elementary School
- Myrtle Place
- Middle School
- Lafayette
- High School
- Lafayette
- Directions
- Head southeast on Jefferson Street toward the downtown area. Turn left onto East Vermilion Street. Turn right at the first cross street onto Lee Avenue. Drive about two blocks; 1011 Lee Avenue will be
General Property Description
- # Bedrooms
- 5
- Baths - Full
- 2
- Total Baths
- 2
- SqFt - Living
- 3189
- SqFt - Source
- Approximate
- Stories
- Yes
- SqFt - Storage
- 6
- SqFt - Carport
- 3
- SqFt - Garage
- 3
- Approximate Age
- 76+ Years
- Property Condition
- Resale
- Acres
- 0.35
- Acreage Range
- 0 - 0.5
- Assn Fee
- None
- Lot Dimensions
- Irregular
- Mineral Rights
- Conveyed
- Pool on Subject Property
- No
Parking
- Carport Spaces
- 2
- Carport
- Yes
Water Source
- Water Company
- LUS
- Public
- Yes
Originating Details
- Originating System ID
- M00000300
- Originating System Key
- 20260520012139920043
- Originating System Listing ID
- 2600004488
- Originating System Name
- RAA Flex
More Information
Location, Tax & Legal Info
- Flood Zone
- X
- School District
- Lafayette Parish
- Multiple Tax Parcels
- Parcel ID 6172065 PropertyAddress 1015 LEE AVE LAFAYETTE, LA Legal Description P LOTS 132 133 & 134 MOUTONS ADDITION (0.105 AC)(22-4480 PLAT)
- Legal Desc
- P LOTS 131 132 133 & 134 MOUTON ADDITION (0.352 AC)(22-4480 PLAT)
Remarks & Misc
- Remarks
- 1011, 1015 Lee Avenue is a premier live-work compound located inside a federal Opportunity Zone in Downtown Lafayette's Central Business District. This rare 0.46-acre historic property features three independent buildings totaling over 5,000 square feet of highly flexible space, including a grand late-1880s main house, a pristine two-bedroom cottage, and a successful short-term rental carriage house. Complete with an updated metal roof and massive off-street parking for multiple vehicles, the estate is perfectly optimized for a boutique bed and breakfast, a multi-unit corporate headquarters, or a luxury wellness spa. The level, beautifully landscaped lot offers custom privacy fencing, a covered porch, and dedicated storage for an RV or boat. Best of all, it provides unparalleled walkability to local cultural landmarks, public libraries, and premier dining, with the Lafayette Regional Airport just a short drive away. The main structure qualifies for Airbnb zoning and is currently an Airbnb. Whether you're seeking steady rental income, a house-hacking opportunity, or a value-add investment, this property presents exceptional potential. Ample outdoor space, established surroundings, and proximity to city amenities make it an attractive option for tenants and owners alike. Don't miss your chance to own a versatile property in a growing area with strong rental demand.
Office/Member/Contract Info
- REO
- No
- List AOR
- RAA
Style
- Acadian
- Yes
- Traditional
- Yes
Siding
- Hardiplank
- Yes
- Wood
- Yes
Equipment
- Ceiling Fans
- Yes
- Cable Available
- Yes
- Cable Ready
- Yes
- Fiber Available
- Yes
- Fiber Ready
- Yes
Foundation
- Piers
- Yes
Fireplace
- 1 Fireplace
- Yes
Roof
- Asbestos Shingle
- Yes
- Composition
- Yes
- Metal
- Yes
Heating
- Central
- Yes
Interior
- 9+ Ft Ceiling
- Yes
- Attic Access
- Yes
- Bookcases
- Yes
- Built-Ins
- Yes
- Computer Nook
- Yes
- Crown Molding
- Yes
- Electric Dryer Con
- Yes
- Electric Stove Con
- Yes
- Electric Washer Con
- Yes
- Gas Dryer Con
- Yes
- Gas Stove Con
- Yes
- Guest Suite
- Yes
- Kitchen Island
- Yes
Cooling
- Central Air
- Yes
Flooring
- Tile
- Yes
- Wood
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Elec: City
- Yes
- Gas: Atmos
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Showing
- See Remarks
- Yes
Property Features
Style:
Acadian; Traditional
Siding:
Hardiplank; Wood
Parking:
Carport
Foundation:
Piers
Roof:
Asbestos Shingle; Composition; Metal
Interior:
9+ Ft Ceiling; Attic Access; Bookcases; Built-Ins; Computer Nook; Crown Molding; Electric Dryer Con; Electric Stove Con; Electric Washer Con; Gas Dryer Con; Gas Stove Con; Guest Suite; Kitchen Island
Fireplace:
1 Fireplace
Flooring:
Tile; Wood
Heating:
Central
Cooling:
Central Air
Sewer:
Public Sewer
Water Source:
Public
Utilities:
Elec: City; Gas: Atmos
Financing:
Cash; Conventional
Showing:
See Remarks
IDX
Listing Office:
EXP Realty, LLC
Last Updated: June - 30 - 2026
Broker Attribution:
337-522-7554
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.

Flood Determination Disclosure ›