1530 S Patout Street, A,B,C,D, New Iberia, LA 70560
New Listing
$440,000
Property Type:
MultiFamily
Square Footage:
4,900
Status:
Active
Current Price:
$440,000
List Date:
7/29/2025
Last Modified:
7/29/2025
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
Status: Active
Listing Date: 2025-07-29
Listing Price: 440000
Current Price: $440,000
List Price/SqFt: 89.8
Type: Multi Family
Document Modified: 2025-07-29 17:41:48.921929
Modification Timestamp: 2025-07-29T22:51:49Z
Photo Modified: 2025-07-29T22:43:05Z
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: Magnolia
Middle School: Iberia
High School: New Iberia
Directions: Traveling east down Admiral Doyle, take a right into Southport Subdvision. Left on Webre Street. Right onto S. Patout. Property is on right.
General Property Description
Approximate Age: 16 - 20 Years
Property Condition: Updated/Remodeled
Number of Units: 4
SqFt - Living: 4900
SqFt - Source: Approximate
Total Parking Spaces: 4
# Heat Units: 4
# AC Units: 4
Individual Metered?: Yes
Lot Dimensions: 80 X 120
Mineral Rights: Conveyed
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
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
Water Source
Water Company: New Iberia Water
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: July - 29 - 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.