1709 W University Ave, Lafayette, LA 70506
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
1709 W University Ave,Lafayette, LA 70506
$259,900
- 4 Beds
- 2 Baths
- 2,330 sq. ft.
- Single family
- Pending
Listed by: caleb jackson
Office: reve realtors
MLS#:BR2026001061
Source:LA_RAAMLS
Price summary
- Price:$259,900
- Price per sq. ft.:$111.55
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 #:BR2026001061
- Added:95 day(s) ago
- Updated:April 25, 2026 at 10:19 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile, Vinyl Tile, Wood
- Bathrooms Description:Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3
- Kitchen Description:Dishwasher, Gas Cooktop, Gas Stove Con, Kitchen, Refrigerator, Solid Surface Counters
- Living area:2,330 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Heat
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1933
- Building area:2,330 sq. ft.
- Lot area:0.32 Acres
- Construction Materials:Brick
- Exterior Features:Covered Patio
- Levels:1 Story
Finances and disclosures
- Price:$259,900
- Price per sq. ft.:$111.55
Features and amenities
- Appliances:Dishwasher, Gas Stove Con, Refrigerator
- Laundry features:Electric Dryer Hookup, Laundry Room
- Amenities:Guest Suite
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