$464,000
Lafayette, LA 70501
MLS# 2600001694
4 baths | 2627 sqft
1 / 36
Property Description
Investor Package! 519 MADISON + 309 VOORHIES to be sold TOGETHER for $464,000. Same neighborhood, two properties. Both are 100% tenant occupied! 519 Madison is a well-maintained tri-plex that's individually metered and with separate entrances for each unit, fenced in yards and plenty of on-site parking. 309 Voorhies is a freestanding single-family home remodeled in 2024 with live/work or commercial potential, located directly across the street from a coffee shop. Both properties are an ideal investment package opportunity in the popular downtown area.
Details
Listing Information
Comp Sale YN: No
Property Sub Type: Multifamily 5+
Lock Box Association: RAA
Status Change Information
Status Change Timestamp: 2026-03-04
Delayed Marketing: No
Address
Parish or County: Lafayette
MLS Area Major: G3
Street Number: 519
Street Name: Madison
Street Suffix: Street
State: LA
Postal Code (Zip): 70501
Directions: W. Congress from the Cajundome towards Downtown, LEFT onto Madison St.
Parcel Number: 6057167
Contract
Current Price: $464,000
Original List Price: 464000
Status: Active
Listing Contract Date: 2026-02-27
List Price: $464,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Occupant Type: Tenant
List Price/SqFt: 176.63
Interior
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 2627
Living Area Source: Estimated
Living Area Units: Square Feet
Basement YN: No
Fireplace YN: No
Parking Information
Garage YN: No
Carport YN: No
Parking Total: 1
Building
Approximate Age: 76+ Years
Number Of Units Total: 3
Stories: 1
Home Warranty YN: No
Lot
Lot Size Acres: 0.32
Lot Size Square Feet: 13939.2
Lot Size Dimensions: 100X140
Land Lease YN: No
Waterfront YN: No
Sign On Property YN: Yes
Remarks
Public Remarks: Investor Package! 519 MADISON + 309 VOORHIES to be sold TOGETHER for $464,000. Same neighborhood, two properties. Both are 100% tenant occupied! 519 Madison is a well-maintained tri-plex that's individually metered and with separate entrances for each unit, fenced in yards and plenty of on-site parking. 309 Voorhies is a freestanding single-family home remodeled in 2024 with live/work or commercial potential, located directly across the street from a coffee shop. Both properties are an ideal investment package opportunity in the popular downtown area.
Land Details
Mineral Rights: Reserved
Utility Providers
Electric Provider: City
Gas Provider: Atmos
Sewer Provider: LUS
Water Provider: LUS
Building Details
Number Of AC Units: 3
Number Of Heat Units: 3
Income and Expenses
Gross Income: 2300
Occupancy Rate: 100
Meter Information
Number Of Separate Electric Meters: 3
Number Of Separate Gas Meters: 3
Number Of Separate Water Meters: 3
Unit Details
Number Of Units Leased: 3
Number Of Units Month To Month: 3
Unit 1 Details
Units Total: 1
Baths Full: 1
Beds Total: 2
Unit Type: Other
Unit 2 Details
Units Total: 1
Baths Full: 1
Beds Total: 1
Unit Type: Other
Unit 3 Details
Units Total: 1
Baths Full: 1
Beds Total: 1
Unit Type: Other
Originating Details
Originating System ID: M00000300
Originating System Key: 20260302182011533622
Originating System Listing ID: 2600001694
Originating System Name: RAA Flex
Tax Legal
Subdivision Name: Mills Addition
Property Features
Utilities: Cable Available; Cable Available
Appliances: Electric Stove Connection; Gas Stove Connection; Refrigerator
Community Features: Close to Library; Close to Public Transportation; Close to Shopping Center; Park; Playground
Construction Materials: Frame; Wood Siding
Cooling: Ceiling Fan(s); Central Air
Disclosures: Property As Is
Electric: Circuit Breakers
Exterior Features: Lighting
Flood Zone(s): X
Flooring: Other
Foundation Details: Pillar/Post/Pier
Heating: Central; Electric; Natural Gas
Interior Features: High Ceilings
Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup
Listing Terms (Financing): Cash; Conventional
Lock Box Type: None
Lot Features: Level
Owner Pays: Insurance; Roof Maintenance; Taxes
Parking Features: Assigned; On Street; Parking Lot
Patio And Porch Features: Covered; Open; Patio
Roof: Composition
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Tenant Pays: All Utilities; Cable TV; Electricity; Gas; Internet; Sewer; Water
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent
Listing Office: Compass
Office Phone: 337-233-9700
Office Email: todd.trappey@compass.com
Last Updated: November - 02 - 2026
Information deemed reliable but not guaranteed.
Broker Attribution:
337-233-9700
GUIDRY & CO. REAL ESTATE, Lafayette, LA. All offices are independently owned and operated. 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 Real Estate listings held by brokerage firms other than GUIDRY & CO. REAL ESTATE are marked with the MLS approved icon for
IDX
. “Information Deemed Reliable But Not Guaranteed”. Copyright 2016 REALTOR® Association of Acadiana, All rights reserved.
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