*Tenant occupied property. Accepted offer/proof of funds required prior to showings. 48 notice required*Turnkey 8-Unit Apartment Complex - Fully Occupied in Prime Lafayette Location. Welcome to a superb investment opportunity in Lafayette, LA! This newly refreshed 8-unit apartment complex, situated in a highly desirable area, is fully occupied and ready to generate steady income. Each 600 sqft studio apartment features 1 bedroom and 1 bath, bringing in an average of $625/month. The complex is completely turnkey, with most units upgraded with new breaker panels, AC units, fresh paint, new toilets, updated plumbing, vinyl flooring, and new appliances. Designed for low-maintenance, this property promises hassle-free management and immediate cash flow. Located near shopping, dining, and entertainment, it ensures high tenant demand and consistent occupancy. Don't miss out on this oppurtunity. ** Tenant leases expire: Unit1 - month to month, Unit 2 - 10/31/26, Unit 3 - 9/30/26, Unit 4 - 3/31/26, Unit 5 - Vacant, Unit 6 - 8/31/26, Unit 7 - 4/30/26, Unit 8 - 3/31/26.
For sale
Price cut: $10K (12/14)
$419,900
303 Cougar Rdg, Lafayette, LA 70508
4beds
2,400sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$175/sqft
$50/mo HOA
What's special
Vinyl flooringUpdated plumbingFresh paintNew appliancesNew toiletsAc units
- 549 days |
- 237 |
- 9 |
Zillow last checked: 8 hours ago
Listing updated: January 07, 2026 at 11:59am
Listed by:
Teresa W Rainey,
Real Broker, LLC 337-534-0555,
Jill Tyrone,
Real Broker, LLC
Source: RAA,MLS#: 24007073
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Electric, Other
Cooling
- Central Air, Other
Appliances
- Included: Refrigerator
Features
- Walk-In Closet(s)
- Flooring: Carpet, Other, Vinyl Plank, Vinyl
Interior area
- Total structure area: 4,800
- Total interior livable area: 2,400 sqft
Property
Parking
- Total spaces: 16
- Parking features: Parking Lot
Features
- Stories: 2
- Exterior features: Lighting
- Fencing: None
Lot
- Size: 8,280.76 Square Feet
- Dimensions: 60 x 138
- Features: Level
Details
- Parcel number: 6014059
- Zoning: unincorperated
- Other equipment: Individual Meter
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Other Siding, Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Resale
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Oakcreek
HOA
- Has HOA: Yes
- HOA fee: $150 quarterly
Location
- Region: Lafayette
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $226,590
- Annual tax amount: $2,001
- Date on market: 7/26/2024
- Total actual rent: 2490
- Tenant pays: Broadband/Internet Access, Cable/Sat TV, Electricity
Estimated market value
Not available
Estimated sales range
Not available
$1,371/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2026 | Listing removed | $650 |
Source: Zillow Rentals Report a problem | ||
| 12/14/2025 | Price change | $419,900-2.3%$175/sqft |
Source: | ||
| 11/19/2025 | Listed for rent | $650 |
Source: Zillow Rentals Report a problem | ||
| 11/17/2025 | Price change | $429,900-2.3%$179/sqft |
Source: | ||
| 10/3/2025 | Price change | $439,900-2.2%$183/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,001 +4.7% | $22,659 +4.4% |
| 2023 | $1,910 0% | $21,700 |
| 2022 | $1,911 -0.4% | $21,700 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,409/mo
Principal & interest
$2009
Property taxes
$203
Other costs
$197
Climate risks
Neighborhood: 70508
Nearby schools
GreatSchools rating
- 8/10Ernest Gallet Elementary SchoolGrades: PK-5Distance: 4.2 mi
- 7/10Broussard Middle SchoolGrades: 6-8Distance: 4 mi
- 6/10O. Comeaux High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Drexel
- Middle: Broussard
- High: Comeaux
Source: RAA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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