$130,000
$30K PRICE DROP

713 E Vermilion St Lafayette, LA 70501

Freetown-Port Rico Neighborhood

Estimated payment $769/month

Total Views 14,980
3 Beds
3 Baths
1,100 Sq Ft
$118 Price per Sq Ft

Highlights

  • Window Unit Cooling System
  • Wood Siding
  • 1-Story Property
  • Woodvale Elementary School Rated A-
  • Heating Available

About This Home

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.

Listing Agent

Amy Larriviere

Keller Williams Realty Acadiana License #0995694122 Listed on: 05/07/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $615

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • Open Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Woodvale Elementary School
  • L J Alleman Middle School
  • Lafayette High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • Mouton L. Subdivision

Listing and Financial Details

  • Tax Lot 7-8

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$615

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.12
  • Lot Size: 50 x 100
  • Road Frontage Type: City Street
  • Subdivision Name: Mouton L.
  • Directions: From W Pinhook, turn onto E Vermilion St. Travel about 0.4 miles down E Vermilion St. and destination will be on the right.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1100

Exterior Features

  • Lot Features: 0 to 0.5 Acres
  • Pool Private: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: 51 - 75 Years
  • Roof: Composition

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Elec: City
  • Electricity On Property: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Woodvale
  • Junior High Dist: Lafayette Parish
  • High School: Lafayette
  • Middle Or Junior School: L J Alleman

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Zoning: RES

Tax Info

  • Tax Lot: 7-8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $615 $5,842 $1,120 $4,722
2023 $615 $4,754 $1,120 $3,634
2022 $497 $4,754 $1,120 $3,634
2021 $499 $4,754 $1,120 $3,634
2020 $497 $4,754 $1,120 $3,634
2019 $392 $4,754 $1,120 $3,634
2018 $485 $4,754 $1,120 $3,634
2017 $485 $4,754 $1,120 $3,634
2015 $409 $4,020 $860 $3,160
2013 -- $4,020 $860 $3,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $130,000 -10.3% $118 / Sq Ft
05/21/2025 05/21/25 Price Changed $145,000 -9.4% $132 / Sq Ft
05/07/2025 05/07/25 For Sale $160,000 -- $145 / Sq Ft
Source: REALTOR® Association of Acadiana

Purchase History

Date Type Sale Price Title Company
Deed $400,000 None Listed On Document
Source: Public Records

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See All Homes in Lafayette

Source: REALTOR® Association of Acadiana

MLS Number: 2020023634

REALTOR® Association of Acadiana

APN: 6046374

Louisiana Lafayette Parish Lafayette 70501 Freetown-Port Rico

713 E Vermilion St, Lafayette, LA

This home is located at 713 E Vermilion St, Lafayette, LA 70501 and is currently priced at $130,000, approximately $118 per square foot. 713 E Vermilion St is a home located in Lafayette Parish with nearby schools including Woodvale Elementary School, L.J. Alleman Middle School, and Lafayette High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

Nearby Homes
Listing Agent
Amy Larriviere
Section Image
Keller Williams Realty Acadiana
(337) 226-1427