1304 Martin Luther King Jr Drive, Lafayette, LA 70501
$110,000
















Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,191
Lot Size (sq. ft.):
6,098
Status:
Pending
Current Price:
$110,000
List Date:
3/03/2025
Last Modified:
5/02/2025
Description
Charming Cottage with Rental Income and Special Financing!!
Welcome to this delightful 3-bedroom, 2-bath cottage designed with comfort and convenience in mind. Featuring a spacious open living concept, the home offers a warm and inviting atmosphere perfect for both everyday living and entertaining. The cabinet-filled eat-in kitchen seamlessly connects to a generous den area, creating a functional and welcoming central space. Two of the bedrooms provide plenty of room, while the third bedroom—located off the master bathroom—offers flexibility as a home office, craft room, or small bedroom with direct exterior access.
Outside, a double carport provides ample covered parking, and a small metal storage building in the backyard offers additional storage. Located directly across from Parkway Place Shopping Center, this home is conveniently near an elementary school, shopping, restaurants, and has easy access to both I-49 and I-10, making it an ideal blend of community and convenience.
This income-producing property currently has a tenant in place, generating $1,100 per month in rental income—an excellent opportunity for investors. Additionally, special financing is available, making homeownership more accessible. This home qualifies for 100% financing, and buyers may receive up to $10,000 in lender credit, which can be applied toward closing costs, prepaids/escrow, a rate buy-down, or even a home warranty. This opportunity is not limited to first-time homebuyers, as you can own one other financed property and still qualify.
Don't miss out on this fantastic opportunity.
Please do not disturb the tenant. No showings will be scheduled until we have an accepted offer. All offers must be submitted with proof of funds.
Supplements: ********
More Information MLS# 2020021191
Listing Info
Status: Pending
Listing Date: 2025-03-03
Listing Price: 110000
Current Price: $110,000
List Price/SqFt: 92.36
Type: Detached Single Family
Location Tax Legal Info
Street Number: 1304
Street Name: Martin Luther King Jr
St Suffix: Drive
Parish: Lafayette
State: LA
Zip Code: 70501
Subdivision: Dugas Addition
Area: D
Tax Assessment Number: 6088359
Elementary School: Boucher
Middle School: Paul Breaux Middle
High School: Northside
Directions: Kaliste Saloom Rd head northeast towards airport. Turn left onto Hwy 90 which becomes 167 (Evangeline Thruway). as you re enter the city of Lafayette. Continue north, veer onto left lane and turn left onto W Willow St. Make an immediate right onto the N W Frontage Rd. Martin Luther King Jr. Dr. is the first left pass Philadelphia Christian Church. Home is on left with ample parking available.
General Property Description
# Bedrooms: 3
Baths - Full: 2
Total Baths: 2
SqFt - Living: 1191
SqFt - Total: 1200
SqFt - Source: Owner
Stories: 1
Year Built: 1975
Approximate Age: 51 - 75 Years
Acres: 0.14
Acreage Range: 0 - 0.5
Assn Fee: None
Lot Dimensions: 5X85
Mineral Rights: Conveyed
Pool on Subject Property: No
Status Change Info
Under Contract Date: 2025-03-16
Parking
Carport Spaces: 2
Property Features
Style: Traditional
Siding: Vinyl Siding
Construction: Frame
Foundation: Piers
Roof: Other
Interior: Electric Dryer Con; Electric Washer Con; Some Window Treatments; Other
Fireplace: Other
Flooring: Vinyl Sheet; Wood
Heating: Central
Cooling: Central Air
Appliances: Electric Range; Microwave; Refrigerator
Fencing: Chain Link
Lot: Level
Amenities: Other
Exterior: Landscaped; Outside Light; Porch
Other Structures: Other
Waterfront: Other
Utilities: Elec: City
Financing: Cash; Conventional; FHA; VA
Documents: Property Disclosure; Property Disclosure
Documents
Listing Office: Keller Williams Realty Acadiana
Last Updated: May - 02 - 2025
Broker Attribution:
337-735-9300
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.