1530 S Patout Street, A B C D, New Iberia, LA 70560
$440,000
Property Type:
MultiFamily
Square Footage:
4,900
Status:
Active
Current Price:
$440,000
List Date:
7/29/2025
Last Modified:
9/16/2025
Description
Attention investors: a rare opportunity awaits in the heart of New Iberia! Presenting a fully occupied, income-generating 4-plex - a turnkey multifamily investment featuring four spacious, modernized townhouse-style units. Each residence offers 3 bedrooms, 2 bathrooms, and a two-story layout ideal for long-term tenants. Whether you're looking to expand your portfolio or make a strategic first acquisition, this property checks all the boxes for smart real estate investment.
Supplements: ********
More Information MLS# 2500001772
Listing Info
Delayed Marketing: No
List Price/SqFt: 89.8
Document Modified: 2025-07-29 17:41:48.921929
Status: Active
Listing Date: 2025-07-29
Listing Price: 440000
Current Price: $440,000
Type: Multi Family
Modification Timestamp: 2025-09-16T20:22:00Z
Photo Modified: 2025-07-29T22:43:05Z
Location, Tax & Legal Info
Flood Zone: AE
School District: Iberia Parish
Legal Desc: 1-80 X 120
LOT 17, LOT 15, PATOUT ST, LOT 9
BEING LOT 16, BLK 7, SOUTHPORT SUB #2
ACQ: JOHN ROMERO- 2008 (1403-867)
ACQ: PLAT - 2009 (1422-370)
IMP (1530 SOUTH PATOUT- TOWNHOUSE)
General Property Description
Approximate Age: 11 - 15 Years
Property Condition: Resale
Lot Dimensions: 80 X 120
SqFt - Total: 4900
SqFt - Source: Approximate
Total Parking Spaces: 4
# Heat Units: 4
# AC Units: 4
Individual Metered?: Yes
Mineral Rights: Conveyed
Number of Units: 4
Remarks & Misc
Remarks: Attention investors: a rare opportunity awaits in the heart of New Iberia! Presenting a fully occupied, income-generating 4-plex - a turnkey multifamily investment featuring four spacious, modernized townhouse-style units. Each residence offers 3 bedrooms, 2 bathrooms, and a two-story layout ideal for long-term tenants. Whether you're looking to expand your portfolio or make a strategic first acquisition, this property checks all the boxes for smart real estate investment.
Office/Member/Contract Info
REO: No
List AOR: RAA
Siding
Vinyl Siding: 1
Construction
Frame: 1
Foundation
Slab: 1
Exterior
Patio: 1
Heating
Central: 1
Electric: 1
Cooling
Central Air: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Water Company: LAWCO
Appliances
Dishwasher: 1
Electric Range: 1
Microwave: 1
Unit 1
# Units: 1
Type: Twinhome
Beds: 3
Full Baths: 2
SqFt: 1225
Rent/Mo: 1245
Occupant: Tenant
Unit 2
# Units: 2
Type: Twinhome
Beds: 3
Full Baths: 2
SqFt: 1225
Rent/Mo: 1025
Occupant: Tenant
Security Features
Smoke Detector(s): 1
Unit 3
# Units: 3
Type: Twinhome
Beds: 3
Full Baths: 2
Rent/Mo: 1245
Occupant: Tenant
SqFt: 1225
Unit 4
# Units: 4
Type: Twinhome
Beds: 3
Full Baths: 2
SqFt: 1225
Rent/Mo: 1275
Occupant: Tenant
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Originating Details
Originating System ID: M00000300
Originating System Key: 20250729025628478073
Originating System Listing ID: 2500001772
Originating System Name: RAA Flex
Location Tax Legal Info
Street Number: 1530
Dir: S
Street Name: Patout
St Suffix: Street
Unit #: A B C D
Parish: Iberia
State: LA
Zip Code: 70560
Subdivision: Southport
Area: I2
Tax Assessment Number: 0504463000a
Elementary School: Call School Board
Middle School: Call School Board
High School: Call School Board
Directions: Traveling east down Admiral Doyle, take a right into Southport Subdvision. Left on Webre Street. Right onto S. Patout. Property is on right.
Property Features
Siding: Vinyl Siding
Construction: Frame
Foundation: Slab
Heating: Central; Electric
Cooling: Central Air
Appliances: Dishwasher; Electric Range; Electric Range; Microwave
Security Features: Smoke Detector(s)
Exterior: Patio
Sewer: Public Sewer
Water Source: Public
Financing: Cash; Conventional; FHA; VA
Listing Office: ReHive, LLC
Last Updated: September - 16 - 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.