1709 W University Ave, Lafayette, LA 70506
Local realty services provided by:CENTURY 21 Investment Realty
1709 W University Ave,Lafayette, LA 70506
$272,500
- 4 Beds
- 2 Baths
- 2,330 sq. ft.
- Single family
- Active
Listed by: caleb jackson
Office: reve realtors
MLS#:2026001061
Source:LA_GBRMLS
Price summary
- Price:$272,500
- Price per sq. ft.:$116.95
About this home
CHARMING HISTORIC COTTAGE WITH INCOME POTENTIAL IN THE HEART OF LAFAYETTE. Built in 1933, this property offers a rare blend of timeless character, flexible living space, and PROVEN RENTAL PERFORMANCE, ideal for owner-occupants or investors seeking long-term value. Per a prior appraisal, MARKET RENTS SUPPORT APPROXIMATELY $2,825/MONTH COMBINED. Additionally, the appraisal notes the seller was generating approximately $3,550/MONTH AT THE TIME OF PURCHASE THROUGH BEDROOM LEASING, demonstrating strong income potential depending on use and strategy. Recent updates include PLUMBING IMPROVEMENTS AND A ROOF APPROXIMATELY 4 YEARS OLD. The property is located in FLOOD ZONE X, typically not requiring flood insurance. The main home features 4 BEDROOMS AND 2 FULL BATHROOMS, highlighted by original hardwood floors, built-in bookshelves, large windows, and a CLASSIC FIREPLACE THAT ADDS WARMTH AND CHARACTER. The primary suite includes a built-in sitting area with an en-suite bath, creating a comfortable private retreat. Additional bedrooms are well-sized and adaptable for guests, home offices, or rental use. A SEPARATE MOTHER-IN-LAW SUITE provides 1 BEDROOM, 1 BATHROOM, AND PRIVATE LAUNDRY, offering excellent flexibility for MULTI-GENERATIONAL LIVING OR SUPPLEMENTAL RENTAL INCOME. Additional features include off-street parking for two vehicles and a HIGHLY DESIRABLE IN-TOWN LOCATION JUST 0.7 MILES FROM UL LAFAYETTE, along with nearby shopping, dining, and local amenities. After previously being on the market, the home has been RE-POSITIONED WITH A RENEWED PRICING AND MARKETING STRATEGY, presenting a fresh opportunity for buyers to recognize the LONG-TERM VALUE, VERSATILITY, AND INCOME POTENTIAL this property offers. A UNIQUE OPPORTUNITY TO OWN A CHARACTER-RICH PROPERTY WITH MULTIPLE LIVING OPTIONS IN A PRIME LAFAYETTE LOCATION. Schedule your private showing today.
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Home facts
- Year built:1933
- Listing ID #:2026001061
- Added:4 day(s) ago
- Updated:January 21, 2026 at 04:18 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,330 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1933
- Building area:2,330 sq. ft.
- Lot area:0.32 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$272,500
- Price per sq. ft.:$116.95
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