# 305 Thelma Drive, Lafayette, LA 70506

> **TL;DR:** 12bd/0ba residential multi family, $1,250,000 ($41/sqft), 30,680 sqft.
> A/C. Est. $5,417/mo. Listed 527 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,250,000 |
| Price/sqft | $41 |
| Bedrooms | 12 |
| Square Feet | 30,680 |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 527 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,417 |
| **Total** | **$5,417** |

## Nearby Schools

- **Elementary:** Westside
- **Middle:** Scott
- **High:** Acadiana

## Key Amenities

- A/C

## Property Highlights

- 28 parking spaces

## Description

### 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.

## Location

- **Address:** 305 Thelma Drive, Lafayette, LA 70506
- **County:** Lafayette
- **Coordinates:** 30.229633, -92.050939
- **Google Maps:** https://www.google.com/maps?q=30.229633,-92.050939

## Listing Agent

- **Name:** Teresa W Rainey
- **Brokerage:** Real Broker, LLC
- **Phone:** 3373661454
- **Email:** teresajpastor@gmail.com

## Primary Photo

![305 Thelma Drive - Primary Photo](http://lh.rdcpix.com/a0cc45e4f870a551144ec163a96177a0l-f1351229689r.jpg)

*39 total photos available on [listing page](https://www.propertysimple.com/listing/305-thelma-drive-lafayette-la-70506-24010191)*

---

**MLS#:** 24010191 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/305-thelma-drive-lafayette-la-70506-24010191)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "305 Thelma Drive, Lafayette, LA 70506",
  "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 bef",
  "url": "https://www.propertysimple.com/listing/305-thelma-drive-lafayette-la-70506-24010191",
  "image": "http://lh.rdcpix.com/a0cc45e4f870a551144ec163a96177a0l-f1351229689r.jpg",
  "datePosted": "2026-04-24",
  "price": 1250000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "305 Thelma Drive",
    "addressLocality": "Lafayette",
    "addressRegion": "LA",
    "postalCode": "70506",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 30.229633,
    "longitude": -92.050939
  },
  "numberOfRooms": 12,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 30680,
    "unitCode": "FTK"
  },
  "yearBuilt": null
}
```