OFF MARKET

Off Market Mar 2015 for $725K

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Est. refi paymentEst. refi $3,351/mo

—

•

— ba

•

10,800

sq ft

1815 Eraste Landry Rd, Lafayette, LA 70506

About this home

Rare multifamily investment opportunity in central Lafayette providing a solid return with upside potential. Located directly across the street from the new Atmos Energy building on Eraste Landry. This 12 unit apartment complex rarely has vacancies, easy to rent and has gone through various stages of renovations. All units are in good shape and include all appliances including dishwasher. There is onsite coin operated laundry facility with brand new machines. Stable investment, easy to manage and solid returns. Several units are currently rented for below market rents so there is still room to increase income. Please do not disturb tenants. Owner/agent

Multi-familyProperty Type

0.42 acresLot Size

$67Price/Sq.Ft.

24 spacesParking

Listed by Philip Devey • Frontline Real Estate Group

Bought with Beau Bourque • Compass

Redfin checked: a few seconds ago

•Source:AcadianaMLS #15259727

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 70506, LA

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.1%

0.4% MoM

Median sale price

$240K

$104 MoM

Avg. days on market

62d

8 days MoM

Recently sold homes

129

4 MoM

New listings for sale

NEW 13 MINS AGO
$270,000
3 beds2 baths2,070 sq ft
322 S Philo Dr, Lafayette, LA 70506
COMING SOON
$226,000
3 beds2.5 baths1,557 sq ft
128 Saint Germaine Cir, Lafayette, LA 70506
NEW 7 HRS AGO
$259,900
3 beds2.5 baths1,507 sq ft
242 Alpine Dr, Lafayette, LA 70506
NEW 10 HRS AGO
$255,000
3 beds2 baths1,933 sq ft
110 Alleman Dr, Lafayette, LA 70506
$259,900
3 beds2 baths1,650 sq ft
609 Saint Joseph St, Lafayette, LA 70506
COMING SOON
$349,000
3 beds2 baths1,884 sq ft
130 Beauchamp Ln, Lafayette, LA 70506
NEW 23 HRS AGO
$215,000
2 beds2 baths1,454 sq ft
301 Westpointe Cir, Lafayette, LA 70506
NEW 26 HRS AGO
$112,000
2 beds1.5 baths1,046 sq ft
200 Lodge Dr #304, Lafayette, LA 70506
NEW 26 HRS AGO
$229,900
3 beds2 baths1,545 sq ft
411 Ouachita Dr, Lafayette, LA 70506
NEW 29 HRS AGO
$580,000
2 beds2.5 baths2,675 sq ft
1404 St John St St, Lafayette, LA 70506
See all

Provided by Redfin

Sale history for 1815 Eraste Landry Rd

Date

Event

Price

APPFOLIO #1

Mar 14, 2024

Rental Removed

$825

$0/sq ft

Feb 4, 2024

Listed for Rent

$825

$0/sq ft

Jan 30, 2024

Rental Removed

$825

$0/sq ft

Jan 26, 2024

Listed for Rent

$825

$0/sq ft

Jan 12, 2024

Rental Removed

$825

$0/sq ft

Dec 21, 2023

Listed for Rent

$825

$0/sq ft

Dec 14, 2023

Rental Removed

$825

$0/sq ft

Nov 15, 2023

Price Changed

$825

$0/sq ft

Oct 11, 2023

Listed for Rent

$875

$0/sq ft

Oct 6, 2023

Rental Removed

$875

$0/sq ft

Oct 5, 2023

Listed for Rent

$875

$0/sq ft

APPFOLIO #2

Feb 2, 2024

Rental Removed

$825

$0/sq ft

Jan 30, 2024

Listed for Rent

$825

$0/sq ft

Jan 26, 2024

Rental Removed

$825

$0/sq ft

Jan 12, 2024

Listed for Rent

$825

$0/sq ft

AcadianaMLS #18005384

May 29, 2018

Listed

$675,000

$63/sq ft

AcadianaMLS #15259727

Mar 13, 2015

Sold

$725,000

$67/sq ft

Jan 16, 2015

Listed

$750,000

$69/sq ft

Public Records

Jan 3, 2014

Sold

$455,000

$42/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,566 (−1.1%)

$6,296 + $66,432

$72,728

2024

$7,651 (+22.8%)

$6,296 + $66,432

$72,728

2023

$6,232

$6,278 + $53,300

$59,578

2022

$6,234 (−0.3%)

$6,278 + $53,300

$59,578

2021

$6,255 (+0.3%)

$6,278 + $53,300

$59,578

2020

$6,234 (+27.0%)

$6,278 + $53,300

$59,578

2019

$4,910 (−7.2%)

$6,278 + $53,300

$59,578

2018

$5,290 (+0.1%)

$6,278 + $45,560

$51,838

2017

$5,284

$6,278 + $45,560

$51,838

2016

$5,283 (+135.2%)

$6,278 + $45,560

$51,838

2013

$2,246

$3,610 + $23,661

$27,271

Tax history for 1815 Eraste Landry Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,566 (−1.1%)

$6,296 + $66,432

$72,728

2024

$7,651 (+22.8%)

$6,296 + $66,432

$72,728

2023

$6,232

$6,278 + $53,300

$59,578

2022

$6,234 (−0.3%)

$6,278 + $53,300

$59,578

2021

$6,255 (+0.3%)

$6,278 + $53,300

$59,578

2020

$6,234 (+27.0%)

$6,278 + $53,300

$59,578

2019

$4,910 (−7.2%)

$6,278 + $53,300

$59,578

2018

$5,290 (+0.1%)

$6,278 + $45,560

$51,838

2017

$5,284

$6,278 + $45,560

$51,838

2016

$5,283 (+135.2%)

$6,278 + $45,560

$51,838

2013

$2,246

$3,610 + $23,661

$27,271

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

38 ft.

Lot depth

226 ft.

Lot size

0.45 Acres

Year renovated

1995

Sq. Ft.

3,460

Year built

1977

Style

Multi-Family (5+ Unit)

County

Lafayette Parish

APN

6072115

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 10, 2026.

Commercial Heavy District

The CH district implements the commercial/office future land use category of PlanLafayette. The district allows compact development patterns, but provides flexibility for front parking, loading, and building design features for heavy commercial or service-oriented uses (such as large format retailers, auto dealerships, and repair services). PlanLafayette provides that the commercial office future land use category is principally a pedestrian oriented area. This district should only be used for locations where these uses currently exist, or where a rezoning applicant demonstrates that there is unmet market demand for the use.

Permitted uses

Include but are not limited to:

Gas station
General retail
Restaurant
Housing-Multiple units
Manufacturing
Self-Storage / mini-Storage
Warehouse
Hotel / motel
Mixed use building
Office

Jun 14, 2022 • Final

Backflow

Work on a backflow preventer.

Plumbing

Apr 16, 2020 • Final

Imported record

Perform commercial additions, alterations, and repairs to an apartment building. Replace the main electrical breaker.

Electrical

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Parking Total: 24
Parking Features: Parking Lot

Interior

Heating & Cooling
Cooling: Central Air, AC Unit(s)
Has Cooling
Heating: Central, Heat Unit(s)
Has Heating

Interior Features
Appliances: Dishwasher, Refrigerator

Exterior

Exterior Features
Construction Materials: Brick, Brick Veneer

Property Information
Property Sub Type: Multi Family
Number Of Units Total: 12

Location

School Information
Elementary School: Montgomery
Middle Or Junior School: Lafayette
High School: Lafayette

Location Information
Directions: From 1-10, exit Ambassador Caffery, take a left on Eraste Landry, property will be on the right directly in front of the new Atmos Energy building

Utility Information
Sewer: Public Sewer

Public facts

Beds: —
Baths: —
Sq. Ft.: 3,460
Stories: —
Lot Size: 0.45 acres
Style: Multi-Family (5+ Unit)
Year Built: 1977
Year Renovated: 1995
County: Lafayette Parish
APN: 6072115

Home facts updated by county records on Jul 10, 2026

Other

Listing Information
Photos Count: 11

Around this home

Schools

Truman Early Childhood Education Center

Public PreK-K • Assigned • 2.6mi

Scott Middle School

Public 6-8 • Assigned • 1.7mi

5/10

Lafayette High School

Public 9-12 • Assigned • 0.9mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

9/10 Heat Factor

7 days above 108° expected this year, 20 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Lafayette, LA • 70506

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 4.9 hours in December, which is comparable to the U.S. average for solar exposure.

9.4 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 70506

NEW 13 MINS AGO

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NEW 26 HRS AGO

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NEW 26 HRS AGO

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Home values near 1815 Eraste Landry Rd

Data from public records.

Address	Redfin Estimate
1807 Eraste Landry Rd, Lafayette, LA 4 Beds \| 2 Baths \| 2178 Sq. Ft.	$284,023
206 Kees Cir, Lafayette, LA 3 Beds \| 2 Baths \| 1850 Sq. Ft.	$274,590

Address	Redfin Estimate
207 Kees Cir, Lafayette, LA 3 Beds \| 2 Baths \| 1671 Sq. Ft.	$202,232
218 Kees Cir, Lafayette, LA 3 Beds \| 2.5 Baths \| 2371 Sq. Ft.	$273,080

Address	Redfin Estimate
212 Kees Cir, Lafayette, LA - Beds \| - Baths \| 1833 Sq. Ft.	$204,022
211 Kees Cir, Lafayette, LA 4 Beds \| 2 Baths \| 2100 Sq. Ft.	$253,193

Property information provided by undefined .

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