GREAT INVESTMENT OPPORTUNITY in a highly desirable area of downtown in Freetown, just steps from festivals and the parade routes. This property includes a 1,100 sq. ft. duplex along with a separate 535 sq. ft. detached apartment in the back of the duplex, currently generating a total monthly income of $1,150 from three long-term tenants, a couple who have occupied the property for over 20 years. With a new roof already in place and strong potential for increased rental income, this fully occupied property offers immediate cash flow and excellent upside. Its prime location near downtown attractions makes it an ideal addition to any investor's portfolio. This property is being sold ''As Is.'' Set up showing through Showing time. Please set up one day in advance.
For sale
Price cut: $15K (5/21)
$145,000
713 E Vermilion St, Lafayette, LA 70501
3beds
1,100sqft
Est.:
Townhouse
Built in ----
5,227.2 Square Feet Lot
$139,000 Zestimate®
$132/sqft
$-- HOA
What's special
- 51 days
- on Zillow |
- 458 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 10:23pm
Listed by:
Amy Larriviere,
Keller Williams Realty Acadiana 337-735-9300
Source: RAA,MLS#: 2020023634

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other
Cooling
- Window Unit(s)
Features
- Has fireplace: No
Interior area
- Total structure area: 1,171
- Total interior livable area: 1,100 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 1
Lot
- Size: 5,227.2 Square Feet
- Dimensions: 50 x 100
- Features: 0 to 0.5 Acres
Details
- Parcel number: 6046374
- Zoning: RES
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- 51 - 75 Years
- New construction: No
Utilities & green energy
- Electric: Elec: City
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Mouton L.
Location
- Region: Lafayette
Financial & listing details
- Price per square foot: $132/sqft
- Tax assessed value: $58,420
- Annual tax amount: $615
- Date on market: 5/7/2025
- Electric utility on property: Yes
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