305 Thelma Drive, Lafayette, LA 70506 (MLS# 24010191)

305 Thelma Drive, Lafayette, LA 70506

$1,250,000
Property Type: MultiFamily Square Footage: 30,680 Status: Active
Current Price: $1,250,000 List Date: 11/02/2024 Last Modified: 10/31/2025

Description

Seize this unique opportunity to expand or start your investment portfolio with a package of 14 income-producing properties spread across Lafayette, Sunset, and Opelousas, generating $13,465 per month in rental income. Many of the homes have been updated and refreshed, offering added appeal and minimal initial upkeep. With most properties conveniently located near each other in each area, this package is ideal for efficient management and increased ROI. Perfect for investors looking to scale before year-end, the seller is open to package or individual sales. All properties are tenant-occupied; offers must include proof of funds and require a 48-hour notice for showings.

Supplements: ********

More Information MLS# 24010191

Listing Info

Delayed Marketing: No List Price/SqFt: 40.74 Seller Willing to Sell Separately?: Yes Document Modified: 2024-12-05 07:38:25.898368 Status: Active Listing Date: 2024-10-30 Listing Price: 1250000 Current Price: $1,250,000 Type: Package Homes Modification Timestamp: 2025-10-31T19:23:12Z Photo Modified: 2024-11-02T00:55:32Z

Location, Tax & Legal Info

Flood Zone: Units Vary School District: Lafayette Parish Multiple Tax Parcels: 6047553 200591700 103414025 100897600 101986200 101885000 101589000 102645800 100605500 100491000 102663000 101133100 6035312 6027936 Legal Desc: See Documents

General Property Description

Approximate Age: 51 - 75 Years Property Condition: Resale Lot Dimensions: See document Stories: 1 SqFt - Total: 30680 SqFt - Source: Approximate Total Parking Spaces: 28 # Heat Units: 14 # AC Units: 14 Individual Metered?: Yes Mineral Rights: Conveyed Assn Fee: None Number of Units: 14

Remarks & Misc

Remarks: Seize this unique opportunity to expand or start your investment portfolio with a package of 14 income-producing properties spread across Lafayette, Sunset, and Opelousas, generating $13,465 per month in rental income. Many of the homes have been updated and refreshed, offering added appeal and minimal initial upkeep. With most properties conveniently located near each other in each area, this package is ideal for efficient management and increased ROI. Perfect for investors looking to scale before year-end, the seller is open to package or individual sales. All properties are tenant-occupied; offers must include proof of funds and require a 48-hour notice for showings.

Office/Member/Contract Info

REO: No List AOR: RAA

Siding

Brick: 1 Hardiplank: 1 Wood: 1

Parking

Attached: 1 Carport: 1 Covered: 1 Units Vary: 1

Equipment

Ceiling Fans: 1 Cable Available: 1 Cable Ready: 1 Fiber Available: 1

Construction

Brick: 1 Frame: 1

Foundation

Piers: 1

Exterior

Outside Light: 1

Patio

Porch: 1

Roof

Composition: 1 Metal: 1

Heating

Central: 1 Electric: 1 Natural Gas: 1 Wall Units: 1

Cooling

Ceiling Fans: 1 Central Air: 1 Window Units: 1

Sewer

Public Sewer: 1

Water Source

Public: 1 Water Company: Units vary

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Unit 1

# Units: 1 Type: Other Beds: 2 Full Baths: 1 SqFt: 900 Rent/Mo: 850 Occupant: Tenant

Unit 1 Features

Dining Room: 1 Porch/Patio/Deck: 1 Washer/Dryer Hookup: 1

Unit 2

# Units: 2 Type: Other Beds: 3 Full Baths: 1 Partial Baths: 1 SqFt: 1406 Rent/Mo: 900 Occupant: Tenant

Unit 2 Features

Washer/Dryer Hookup: 1

Security Features

Smoke Detector(s): 1

Fencing

Chain Link: 1 Full: 1 Partial: 1 Wood: 1

Unit 3

# Units: 3 Type: Other Beds: 3 Full Baths: 1 Partial Baths: 1 Rent/Mo: 1200 Occupant: Tenant SqFt: 1118

Lot

Level: 1

Unit 3 Features

Washer/Dryer Hookup: 1

Other Structures

Sheds(s): 1 Storage: 1

Unit 4

# Units: 4 Type: Other Beds: 4 Full Baths: 2 SqFt: 1158 Rent/Mo: 1050 Occupant: Tenant

Unit 4 Features

Washer/Dryer Hookup: 1

Financing

Cash: 1 Conventional: 1

Miscellaneous

Units Vary: 1

Tenant Pays

Broadband/Internet Access: 1 Cable/Sat TV: 1 Electric: 1 Gas: 1 Sewer: 1 Trash: 1 Water: 1

Originating Details

Originating System ID: M00000300 Originating System Key: 20241015222835017958 Originating System Listing ID: 24010191 Originating System Name: RAA Flex

Location Tax Legal Info

Street Number: 305 Street Name: Thelma St Suffix: Drive Parish: Lafayette State: LA Zip Code: 70506 Subdivision: None Area: G3 Tax Assessment Number: 6047553 Elementary School: Westside Middle School: Scott High School: Acadiana Directions: Directions vary.

Property Features

Siding: Brick; Hardiplank; Wood Parking: Attached; Carport; Covered; Units Vary Construction: Brick; Frame Foundation: Piers Roof: Composition; Metal Heating: Central; Electric; Natural Gas; Wall Units Cooling: Ceiling Fans; Central Air; Window Units Appliances: Dishwasher; Dryer; Electric Range; Electric Range; Microwave; Refrigerator; Washer Unit 1 Features: Dining Room; Porch/Patio/Deck; Washer/Dryer Hookup Unit 2 Features: Washer/Dryer Hookup Unit 3 Features: Washer/Dryer Hookup Unit 4 Features: Washer/Dryer Hookup Equipment: Cable Available; Cable Ready; Ceiling Fans; Fiber Available Security Features: Smoke Detector(s) Exterior: Outside Light Other Structures: Sheds(s); Storage Lot: Level Fencing: Chain Link; Full; Partial; Wood Miscellaneous: Units Vary Tenant Pays: Broadband/Internet Access; Cable/Sat TV; Electric; Gas; Sewer; Trash; Water Sewer: Public Sewer Water Source: Public Financing: Cash; Conventional
Listing Office: Real Broker, LLC
Last Updated: October - 31 - 2025
305 Thelma Drive, Lafayette, LA 70506- MLS# 24010191
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.