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About This Home

This 12-bedroom, 0-bathroom residential multi family at 305 Thelma Drive in Lafayette, LA is listed for $1,250,000 ($41 per sqft). the home offers 30,680 sqft of living space on a N/A lot.

Agent 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.

Key Features

  • 28 parking spaces

Property Details

1 story
5 full
28 spaces

Amenities

A/C

Monthly Cost Estimate

$6,685/mo

20% down · 6.5% · 30 years

Principal$904
Interest$5,417
Insurance$365

Estimates only. Actual payments may vary.

Location

305 Thelma Drive

Lafayette, LA 70506

Features & Amenities

Exterior Features

LightingOutside LightPorch

Property Details

Construction

Brick Wood Siding HardiPlank Type

Pool Features

Porch

Parking

CoveredCarport

Heating

Electric (Heating)CentralWall FurnaceNatural Gas

Cooling

Window Unit(s)Central AirCeiling Fan(s)

Appliances

DishwasherDryerMicrowaveRefrigeratorWasherElectric Range

Questions & Answers

This 12-bedroom, 0-bathroom residential multi family at 305 Thelma Drive is listed at $1,250,000 ($41/sqft). The estimated monthly payment is $5,417 based on 20% down at 6.5% interest.

Key features include: 28 parking spaces. Exterior Features: Lighting, Outside Light, Porch.

This property is listed by Teresa W Rainey and can be reached at 3373661454 or teresajpastor@gmail.com.

TR

Teresa W Rainey

Agent at Real Broker, LLC

(337) 366-1454

Listed by Real Broker, LLC

MLS# 24010191· Source: listhub· Updated 527 days ago

Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

305 Thelma Drive, Lafayette, LA 70506

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