Welcome to 1518 Mclemore Street, a turnkey multifamily investment property located in the heart of New Iberia, Louisiana. This solid three-unit townhouse complex is a rare opportunity to secure a reliable income-producing asset in a stable and growing rental market. With each spacious unit offering 3 bedrooms, 2 bathrooms, and over 1,225 square feet of thoughtfully laid-out living space, this property is ideal for both seasoned investors and those looking to grow their real estate portfolio. Built for functionality and tenant comfort, this two-story townhouse-style triplex sits on a well-maintained parcel in a quiet, residential neighborhood. The complex includes three nearly identical units, each designed to feel like a private home rather than an apartment.
For sale
$375,000
1518 McLemore St, New Iberia, LA 70560
9beds
3,675sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$102/sqft
$-- HOA
What's special
Two-story townhouse-style triplexWell-maintained parcelFunctionality and tenant comfortSpacious unitThoughtfully laid-out living spaceQuiet residential neighborhood
- 5 days
- on Zillow |
- 60 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 12:13pm
Listed by:
Elizabeth Coleman,
ReHive, LLC 337-857-5955
Source: RAA,MLS#: 2500001806

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Microwave
Interior area
- Total structure area: 2,450
- Total interior livable area: 3,675 sqft
Property
Parking
- Total spaces: 3
Lot
- Size: 2,195.42 Square Feet
- Dimensions: 18 x 122/124
Details
- Parcel number: 0505159004m
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
- Foundation: Slab
Condition
- 16 - 20 Years
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Southport
Location
- Region: New Iberia
Financial & listing details
- Price per square foot: $102/sqft
- Date on market: 7/30/2025
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