1518 Mclemore Street, New Iberia, LA 70560
New Listing
$375,000
Property Type:
MultiFamily
Square Footage:
2,450
Status:
Active
Current Price:
$375,000
List Date:
7/30/2025
Last Modified:
7/30/2025
Description
Welcome to 1518 Mclemore Street, a turnkey multifamily investment property located in the heart of New Iberia, Louisiana. This solid three-unit townhouse complex is a rare opportunity to secure a reliable income-producing asset in a stable and growing rental market. With each spacious unit offering 3 bedrooms, 2 bathrooms, and over 1,225 square feet of thoughtfully laid-out living space, this property is ideal for both seasoned investors and those looking to grow their real estate portfolio. Built for functionality and tenant comfort, this two-story townhouse-style triplex sits on a well-maintained parcel in a quiet, residential neighborhood. The complex includes three nearly identical units, each designed to feel like a private home rather than an apartment.
Supplements: ********
More Information MLS# 2500001806
Listing Info
Status: Active
Listing Date: 2025-07-30
Listing Price: 375000
Current Price: $375,000
List Price/SqFt: 153.06
Type: Multi Family
Document Modified: 2025-07-30 12:49:56.483759
Modification Timestamp: 2025-07-30T17:58:28Z
Photo Modified: 2025-07-30T17:49:56Z
Location Tax Legal Info
Street Number: 1518
Street Name: Mclemore
St Suffix: Street
Parish: Iberia
State: LA
Zip Code: 70560
Subdivision: Southport
Area: I2
Tax Assessment Number: 0505159004m
Elementary School: Magnolia
Middle School: Iberia
High School: New Iberia
Directions: Adm., Doyle drive toward Jeanerette, pass NISH, turn Right on Southport Blvd, Right on Mclemore st. Unit is on the left.
General Property Description
Approximate Age: 16 - 20 Years
Property Condition: Updated/Remodeled
Number of Units: 3
SqFt - Living: 2450
SqFt - Source: Approximate
Total Parking Spaces: 3
# Heat Units: 3
# AC Units: 3
Individual Metered?: Yes
Lot Dimensions: 18 X 122/124
Mineral Rights: Conveyed
Unit 1
Beds: 3
Full Baths: 2
SqFt: 1225
Occupant: Tenant
Unit 2
Beds: 3
Full Baths: 2
SqFt: 1225
Occupant: Tenant
Unit 3
Beds: 3
Full Baths: 2
Occupant: Tenant
SqFt: 1225
Water Source
Water Company: Need to Verify
Property Features
Siding: Vinyl Siding
Construction: Frame
Foundation: Slab
Heating: Central; Electric
Cooling: Central Air
Appliances: Electric Range; Electric Range; Microwave
Sewer: Public Sewer
Water Source: Public
Financing: Cash; Conventional; FHA; VA
Listing Office: ReHive, LLC
Last Updated: July - 30 - 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.