519 Madison Street, Lafayette, LA 70501 (MLS# 2600001694)

519 Madison Street, Lafayette, LA 70501

$464,000
Property Type: MultiFamily Square Footage: 2,627 Lot Size (sq. ft.): 13,939 Status: Active
Current Price: $464,000 List Date: 3/04/2026 Last Modified: 10/23/2026

Overview

Description

Investor Package! 519 MADISON + 309 VOORHIES to be sold TOGETHER for $464,000. Same neighborhood, two properties. Both are 100% tenant occupied! 519 Madison is a well-maintained tri-plex that's individually metered and with separate entrances for each unit, fenced in yards and plenty of on-site parking. 309 Voorhies is a freestanding single-family home remodeled in 2024 with live/work or commercial potential, located directly across the street from a coffee shop. Both properties are an ideal investment package opportunity in the popular downtown area.

Listing Details MLS# 2600001694

Listing Info

Delayed Marketing
No
Listing Price
464000
List Price/SqFt
176.63
Seller Willing to Sell Separately?
Yes
Type
Multi Family
Document Modified
2026-03-04 17:33:52.760192
Modification Timestamp
2026-10-23T05:09:03Z
Photo Modified
2026-10-23T05:08:10Z

Location Tax Legal Info

Street Number
519
Street Name
Madison
St Suffix
Street
Parish
Lafayette
State
LA
Zip Code
70501
Subdivision
Mills Addition
Area
G3
Tax Assessment Number
6057167
Elementary School
Lafayette
Middle School
Acadian
High School
Lafayette
Directions
W. Congress from the Cajundome towards Downtown, LEFT onto Madison St.

General Property Description

Approximate Age
51 - 75 Years
Property Condition
Resale
Condition
Very Good
Number of Units
3
Stories
Yes
SqFt - Total
2627
SqFt - Source
Approximate
Total Parking Spaces
Yes
# Heat Units
3
# AC Units
3
Individual Metered?
Yes
Lot Dimensions
100X140
Acres
0.32
Mineral Rights
Reserved

Currently Not Used

Acreage Range
0 - 0.5

Unit 1

# Units
Yes
Type
Other
Beds
2
Full Baths
Yes

Unit 2

# Units
Yes
Type
Other
Beds
Yes
Full Baths
Yes

More Information

Unit 3

# Units
Yes
Type
Other
Beds
Yes
Full Baths
Yes

Unit 4

Floor Plan
Voorhies Property
# Units
Yes
Beds
2
Full Baths
Yes
Occupant
Tenant

Sewer

Sewer Company
LUS
Public Sewer
Yes

Water Source

Water Company
LUS
Public
Yes

Originating Details

Originating System ID
M00000300
Originating System Key
20260302182011533622
Originating System Listing ID
2600001694
Originating System Name
RAA Flex

Location, Tax & Legal Info

Flood Zone
X
School District
Lafayette Parish
Legal Desc
LOT 227 MILLS ADD (100X140)

Remarks & Misc

Remarks
Investor Package! 519 MADISON + 309 VOORHIES to be sold TOGETHER for $464,000. Same neighborhood, two properties. Both are 100% tenant occupied! 519 Madison is a well-maintained tri-plex that's individually metered and with separate entrances for each unit, fenced in yards and plenty of on-site parking. 309 Voorhies is a freestanding single-family home remodeled in 2024 with live/work or commercial potential, located directly across the street from a coffee shop. Both properties are an ideal investment package opportunity in the popular downtown area.

Office/Member/Contract Info

REO
No

Siding

Wood
Yes

Parking

Assigned
Yes
On Street
Yes
Parking Lot
Yes

Equipment

Ceiling Fans
Yes
Cable Available
Yes
Cable Ready
Yes

Construction

Frame
Yes

Foundation

Piers
Yes

Exterior

Outside Light
Yes

Roof

Composition
Yes

Heating

Central
Yes
Electric
Yes
Natural Gas
Yes

Interior

9+ Ft Ceiling
Yes
Electric Dryer Connection
Yes
Electric Stove Connection
Yes
Electric Washer Connection
Yes
Gas Dryer Connection
Yes
Gas Stove Connection
Yes

Cooling

Ceiling Fans
Yes
Central Air
Yes

Flooring

Other
Yes

Appliances

Refrigerator
Yes

Security Features

Smoke Detector(s)
Yes

Lot

Level
Yes

Financing

Cash
Yes
Conventional
Yes

Showing

LA Present
Yes

Sub/Complex

Library
Yes
Park
Yes
Playground
Yes
Public Transportation
Yes
Shopping/Mall
Yes

Property Features

Siding: Wood Parking: Assigned; On Street; Parking Lot Construction: Frame Foundation: Piers Roof: Composition Heating: Central; Electric; Natural Gas Cooling: Ceiling Fans; Central Air Interior: 9+ Ft Ceiling; Electric Dryer Connection; Electric Stove Connection; Electric Washer Connection; Gas Dryer Connection; Gas Stove Connection Flooring: Other Appliances: Refrigerator Equipment: Cable Available; Cable Ready; Ceiling Fans Security Features: Smoke Detector(s) Exterior: Outside Light Lot: Level Sewer: Public Sewer Water Source: Public Financing: Cash; Conventional Showing: LA Present
IDX
Listing Office: Compass
Last Updated: October - 23 - 2026
Broker Attribution: 337-233-9700

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.