Charming 2-bedroom, 1-bath home offers the perfect blend of convenience, value, and potential. Situated just minutes from major highway access, this recently updated property is an ideal turnkey investment for seasoned and new investors alike.Great layout that includes a spacious living area, two comfortable bedrooms, and a functional kitchen. Fresh paint, wood flooring, and recent improvements throughout make this home move-in ready with minimal maintenance required. Whether you're looking to build wealth through long-term rentals or capitalize on the area's growing demand for affordable housing, this property checks all the boxes.Rental comps in the area range from $850-$900/month, offering solid cash flow potential. With strong tenant demand and a central location near shopping, dining, and transit routes, this home is perfectly positioned for consistent occupancy and low vacancy risk.Owner\Agent
For sale
Price cut: $11.5K (6/24)
$52,000
118 Webb St, Lafayette, LA 70501
2beds
1,000sqft
Est.:
SingleFamily
Built in 1967
6,534 Square Feet Lot
$-- Zestimate®
$52/sqft
$-- HOA
What's special
Recently updated propertyFresh paintFunctional kitchenWood flooringComfortable bedrooms
- 62 days
- on Zillow |
- 422 |
- 25 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 04:28am
Listed by:
Terrence L Richard,
Real Broker, LLC 337-534-0555
Source: RAA,MLS#: 2020023223

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Window Unit(s)
Appliances
- Included: None
Features
- Formica Counters
- Flooring: Vinyl, Wood
- Windows: Aluminum Frames
- Has fireplace: No
Interior area
- Total interior livable area: 1,000 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Carport
- Carport spaces: 1
Features
- Stories: 1
- Exterior features: Lighting
- Fencing: Chain Link
Lot
- Size: 6,534 Square Feet
- Dimensions: 50 x 130
- Features: 0 to 0.5 Acres, Level
Details
- Parcel number: 6012082
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
Materials
- Vinyl Siding, Frame
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- 41 - 50 Years
- New construction: No
- Year built: 1967
Utilities & green energy
- Electric: Elec: City
- Gas: Gas: Atmos
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Golf Course Add
Location
- Region: Lafayette
Financial & listing details
- Price per square foot: $52/sqft
- Tax assessed value: $45,650
- Annual tax amount: $480
- Date on market: 4/25/2025
- Electric utility on property: Yes
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