Don't miss this incredible chance to acquire a turnkey, income-producing property in the heart of New Iberia.Designed for the savvy investor, this property combines everything you're looking for: steady rental income, strong tenant demand, updated interiors, and spacious layouts.It features two units, each offering three bedrooms, two full bathrooms, and approximately 1,225 square feet of comfortable living space--providing plenty of room for tenants while offering scale and long-term stability for your portfolio.Currently fully leased and professionally managed, this property is a rare investment opportunity in the New Iberia market.
For sale
$250,000
1536 E Patout St #B-C, New Iberia, LA 70560
6beds
2,450sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$239,600 Zestimate®
$102/sqft
$-- HOA
What's special
Comfortable living spaceUpdated interiorsSpacious layoutsThree bedrooms
- 90 days |
- 15 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: September 23, 2025 at 06:20pm
Listed by:
Elizabeth Coleman,
ReHive, LLC 337-857-5955
Source: RAA,MLS#: 2500003533
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher
Interior area
- Total structure area: 2,450
- Total interior livable area: 2,450 sqft
Property
Parking
- Total spaces: 4
Lot
- Size: 4,199.18 Square Feet
- Dimensions: 35 x 120
Details
- Parcel number: 0503138500b
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
- Foundation: Slab
Condition
- Resale
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: 9/16/2025
- Total actual rent: 2300
Estimated market value
$239,600
$228,000 - $252,000
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Listed for sale | $250,000$102/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$1,372/mo
Principal & interest
$1209
Home insurance
$88
Property taxes
$75
Climate risks
Neighborhood: 70560
Nearby schools
GreatSchools rating
- 7/10Magnolia Elementary SchoolGrades: PK-6Distance: 1.2 mi
- 3/10Iberia Middle SchoolGrades: 7-8Distance: 1.7 mi
- 7/10New Iberia Senior High SchoolGrades: 9-12Distance: 3.2 mi
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