301 S Pierce Street, Lafayette, LA 70501 (MLS# 2500006185)

301 S Pierce Street, Lafayette, LA 70501

$237,000
Property Type: Comm Bldg Sale/Lease Square Footage: 1,791 Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $237,000 List Date: 12/10/2025 Last Modified: 12/10/2025

Description

Seize a premier investment or House Hacking opportunity with this newly renovated, centrally located duplex offering unparalleled versatility. The property's desirable Mixed-Use zoning is a massive value add, allowing for highly profitable Short-Term Rentals (STRs) while its proximity to Downtown Lafayette ensures sustained tenant demand. The building is efficiently split into two renovated units: a spacious Unit One (3 Bed/1 Bath, 1,251 sqft) and a cash-flowing Unit Two (1 Bed/1 Bath, 544 sqft). Both residences feature modern finishes and crucial capital improvements, including a roof that is approximately two years old. This is a turnkey asset built for durability and minimal maintenance. Operationally efficient, the property is individually metered for electricity, with designated parking spaces for each unit. Situated high and dry in Flood Zone X, it offers lower insurance exposure. Its strategic position provides quick access to Downtown Lafayette, River Ranch, premier shopping, dining, and major thoroughfares. With a sought-after four-bedroom layout, recent renovations, and the potential for house hacking or lucrative STR income, this is an excellent strategic addition for any forward thinking investor. Schedule your private tour today to unlock this versatile asset's full potential. MN-1 provides an opportunity to establish neighborhood retail, convenience, service, office, and institutional uses in the Residential and Mixed Residential categories.

Supplements: ********

More Information MLS# 2500006185

Listing Info

Delayed Marketing: No For Sale: Yes For Lease: No List Price/SqFt: 132.33 Date Available: 2025-12-10 Document Modified: 2025-12-10 11:04:39.570681 Status: Active Listing Date: 2025-12-10 Listing Price: 237000 Current Price: $237,000 Modification Timestamp: 2025-12-10T17:13:31Z Photo Modified: 2025-12-10T17:07:16Z

Location, Tax & Legal Info

Flood Zone: X Legal Desc: LOT 1 & N 1/2 LOT 4 BLK F HOPKINS ADD (75 FT FRONT)

Location

Urban: 1

General Property Description

Approximate Age: 76+ Years Condition: Average Lot Dimensions: 75X120 Stories: 1 SqFt - Total: 1791 SqFt - Source: Approximate Mineral Rights: Reserved Acreage Range: 0 - 0.5 SqFt - Retail: 0 SqFt - Office: 1791 SqFt - Warehouse: 0 Current Use: Rental Property Acres: 0.21

Sale/Lease Info

Lease Purchase: No Est Bldg Ins: 2500

Remarks & Misc

Remarks: Seize a premier investment or House Hacking opportunity with this newly renovated, centrally located duplex offering unparalleled versatility. The property's desirable Mixed-Use zoning is a massive value add, allowing for highly profitable Short-Term Rentals (STRs) while its proximity to Downtown Lafayette ensures sustained tenant demand. The building is efficiently split into two renovated units: a spacious Unit One (3 Bed/1 Bath, 1,251 sqft) and a cash-flowing Unit Two (1 Bed/1 Bath, 544 sqft). Both residences feature modern finishes and crucial capital improvements, including a roof that is approximately two years old. This is a turnkey asset built for durability and minimal maintenance. Operationally efficient, the property is individually metered for electricity, with designated parking spaces for each unit. Situated high and dry in Flood Zone X, it offers lower insurance exposure. Its strategic position provides quick access to Downtown Lafayette, River Ranch, premier shopping, dining, and major thoroughfares. With a sought-after four-bedroom layout, recent renovations, and the potential for house hacking or lucrative STR income, this is an excellent strategic addition for any forward thinking investor. Schedule your private tour today to unlock this versatile asset's full potential. MN-1 provides an opportunity to establish neighborhood retail, convenience, service, office, and institutional uses in the Residential and Mixed Residential categories.

Office/Member/Contract Info

List AOR: RAA

Property Type

Professional/Office: 1 Other: 1

Price Includes

Real Estate: 1

Parking

Rear Parking: 1

Road Frontage

Public Street: 1

Construction

Frame: 1

Foundation

Concrete Piers: 1

Lot Description

Corner: 1

Exterior

None: 1

Roof

Composition: 1

Heating

Central: 1

Cooling

Central Air: 1

Gas

None: 1

Flooring

Wood: 1

Electricity

110 Volts: 1

Sewer

Public Sewer: 1 Sewer Company: LUS

Water Source

Public: 1 Water Company: LUS

Financing

1031 Exchange: 1 Cash: 1 Conventional: 1

Originating Details

Originating System ID: M00000300 Originating System Key: 20251210165335716546 Originating System Listing ID: 2500006185 Originating System Name: RAA Flex

Location Tax Legal Info

Street Number: 301 Dir: S Street Name: Pierce St Suffix: Street Parish: Lafayette State: LA Zip Code: 70501 Subdivision: Hopkins Addition Area: G3 Tax Assessment Number: 6025384 Zone: MN-1 Directions: Take Congress towards Downtown. Turn Left on Pierce. House is on Right between Simcoe and Cameron

Property Features

Property Type: Professional/Office; Other Location: Urban Road Frontage: Public Street Exterior: None Heating: Central Cooling: Central Air Gas: None Electricity: 110 Volts Sewer: Public Sewer Water Source: Public Construction: Frame Roof: Composition Flooring: Wood Lot Description: Corner Parking: Rear Parking Foundation: Concrete Piers Financing: 1031 Exchange; Cash; Conventional Price Includes: Real Estate
Listing Office: Keaty Real Estate Team
Last Updated: December - 10 - 2025
301 S Pierce Street, Lafayette, LA 70501- MLS# 2500006185
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.