418 Vieux Orleans Circle, Lafayette, LA 70508 (MLS# 2600005531)

418 Vieux Orleans Circle, Lafayette, LA 70508

$237,000
Property Type: MultiFamily Square Footage: 3,320 Lot Size (sq. ft.): 10,019 Status: Pending
Current Price: $237,000 List Date: 6/18/2026 Last Modified: 6/30/2026

Overview

Description

Fully occupied four-unit multifamily property generating steady income at $735 per unit per month. This turnkey investment features reliable long-term tenants and including two recently installed A/C units. Strong cash flow from day one with minimal maintenance needed. Ideal for investors seeking a stable, low-vacancy asset in a growing rental market.

Listing Details MLS# 2600005531

Listing Info

Delayed Marketing
No
Listing Price
237000
List Price/SqFt
71.39
Type
Multi Family
Document Modified
2026-06-24 18:21:35.209613
Modification Timestamp
2026-06-30T18:46:49Z
Photo Modified
2026-06-18T22:08:21Z

Location Tax Legal Info

Street Number
418
Street Name
Vieux Orleans
St Suffix
Circle
Parish
Lafayette
State
LA
Zip Code
70508
Subdivision
Vieux Orleans
Area
O
Tax Assessment Number
6030002
Elementary School
Drexel
Middle School
Broussard
High School
Comeaux
Directions
Verot School road towards Pinhook. Take a left on Pillette, left on Vieux Orleans

General Property Description

Approximate Age
31 - 40 Years
Property Condition
Resale
Number of Units
4
Stories
2
# Buildings
Yes
SqFt - Total
3320
SqFt - Source
Owner
Total Parking Spaces
8
# Heat Units
4
# AC Units
4
Individual Metered?
No
Lot Dimensions
65X117
Acres
0.23
Mineral Rights
Conveyed
# Elevators
0

Status Change Info

Under Contract Date
2026-06-30

Currently Not Used

Acreage Range
0 - 0.5

Unit 1

Beds
2
Full Baths
Yes
SqFt
830
Rent/Mo
735
Occupant
Tenant

More Information

Unit 2

Beds
2
Full Baths
Yes
SqFt
830
Rent/Mo
735
Occupant
Tenant

Unit 3

Beds
2
Full Baths
Yes
Rent/Mo
735
Occupant
Tenant
SqFt
830

Unit 4

Beds
2
Full Baths
Yes
SqFt
830
Rent/Mo
735
Occupant
Tenant

Water Source

Water Company
city
Public
Yes

Originating Details

Originating System ID
M00000300
Originating System Key
20260618213737719055
Originating System Listing ID
2600005531
Originating System Name
RAA Flex

Location, Tax & Legal Info

Flood Zone
X
School District
Lafayette Parish
Legal Desc
Lot 5, Vieux Orleans Multi Family Dev

Remarks & Misc

Remarks
Fully occupied four-unit multifamily property generating steady income at $735 per unit per month. This turnkey investment features reliable long-term tenants and including two recently installed A/C units. Strong cash flow from day one with minimal maintenance needed. Ideal for investors seeking a stable, low-vacancy asset in a growing rental market.

Office/Member/Contract Info

REO
No

Siding

Block
Yes
Vinyl Siding
Yes

Parking

Assigned
Yes

Equipment

Ceiling Fans
Yes

Construction

Frame
Yes

Foundation

Slab
Yes

Exterior

Outside Light
Yes

Roof

Composition
Yes

Heating

Central
Yes

Cooling

Ceiling Fans
Yes
Central Air
Yes

Flooring

Stained/Scored Concrete
Yes

Sewer

Public Sewer
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Refrigerator
Yes

Unit 1 Features

Walk-in Closet
Yes
Washer/Dryer
Yes

Unit 2 Features

Walk-in Closet
Yes
Washer/Dryer
Yes

Lot

Level
Yes

Unit 3 Features

Walk-in Closet
Yes
Washer/Dryer Hookup
Yes

Unit 4 Features

Washer/Dryer Hookup
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Owner Pays

Sewer
Yes
Trash
Yes
Water
Yes

Tenant Pays

Broadband/Internet Access
Yes
Cable/Sat TV
Yes
Electric
Yes

Property Features

Siding: Block; Vinyl Siding Parking: Assigned Construction: Frame Foundation: Slab Roof: Composition Heating: Central Cooling: Ceiling Fans; Central Air Flooring: Stained/Scored Concrete Appliances: Dishwasher; Disposal; Refrigerator Unit 1 Features: Walk-in Closet; Washer/Dryer Unit 2 Features: Walk-in Closet; Washer/Dryer Unit 3 Features: Walk-in Closet; Washer/Dryer Hookup Unit 4 Features: Washer/Dryer Hookup Equipment: Ceiling Fans Exterior: Outside Light Lot: Level Owner Pays: Sewer; Trash; Water Tenant Pays: Broadband/Internet Access; Cable/Sat TV; Electric Sewer: Public Sewer Water Source: Public Financing: Cash; Conventional; FHA; VA
IDX
Listing Office: Evolve Realty, LLC
Last Updated: June - 30 - 2026
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.