$315,000

1703 W University Ave Lafayette, LA 70506

$3,741
Closing credit¹
3 beds
2 full
2,252 sqft
0.05 acres
$140 / sqft
House

Property details

About 1703 W University Ave

If you love the charm and character of the Saint's Street / Oaklawn area, this 1920s gem is one you don't want to miss! A tasteful blend of modern and traditional, located on 3 lots (75x187.5) on a large corner with University Avenue frontage and Southdown Place access and parking. Step into the kitchen and be greeted by a fully functional 1953 Chambers gas stove—a rare find and true centerpiece that brings vintage charm to modern living. With 2,252 sq. ft. of living space, the main home features original hardwood and tile floors, soaring ceilings, built-ins, a spacious kitchen, and unique level transitions that add character and flow. Whether you dream of a warm family home, a professional office, or a mixed-use setup, this property offers flexibility and timeless appeal. Zoned MN-1 & RS-1 for both residential and business use. Recent updates include a brand new 8' privacy fence, new gutters, a new AC unit with transferrable 10-year warranty, and a new hot water heater—providing peace of mind for years to come. The beautifully landscaped yard includes fruit-bearing grapefruit, satsuma, lemon, and pecan trees, plus five newly planted Leland Cypress trees add so much charm to this backyard oasis. And there's more—an approx. 300 sq. ft. accessory dwelling unit (ADU) with its own yard, fully renovated and currently rented at $1,000/month. Perfect as a guest house, rental, studio, office, or mother-in-law suite. The main home previously rented for $2,500/month, making this a smart income opportunity in one of Lafayette's most beloved neighborhoods. Don't miss this rare chance to own a piece of history with modern updates and endless potential. Schedule your showing today!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Central
StatusActive
CoolingCentral Air
Size2,252 sqft
Lot size0.05 Acres
Year built1929
MLS #2020022807
Fireplace1 Fireplace

Summary

  • Full Bathrooms: 2
  • Appliances: Gas Range, Dishwasher
  • Flooring Type: Tile, Wood
  • Interior: Bookcases, Beamed Ceilings, Electric Dryer Con, Crown Molding, Built-Ins, Attic Access, 9+ Ft Ceiling, Gas Stove Con, Electric Stove Con, Electric Washer Con
  • Fireplace: 1 Fireplace
  • Total Bedroom Count: 3
  • Architectural Style: Traditional
  • Heating: Natural Gas, Central
  • Cooling: Central Air
  • List Price: $315,000
  • Price/SqFt: $139
  • HOA Amount: $0
  • Annual Tax Amount: $2,259
  • Tax Year: 2023
  • Lot: Corner Lot
  • Directions: W. University at the corner of University and Southdown
  • Year Built: 1929
  • Stories: 1
  • Living Area: 2,252 SqFt
  • Lot Size: 0.05 Acres
  • MLS Number: 2020022807
  • MLS Name: REALTOR® Association of Acadiana
  • Office Name: Real Broker, LLC
  • Listing Agent: Michael Carr

IDX The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited.

Copyright 2025 the REALTORS® Association of Acadiana. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/25/2025, 12:50:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

1703 W University Ave, Lafayette, LA 70506 - view of front facade with brick siding, a front lawn, fence, and a chimney

$315,000

1703 W University Ave

$3,741

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 02, 2021
Home Sold
$245,000
Dec 19, 2012
Home Sold
$175,000
Sep 09, 2005
Home Sold
$174,900

Tax history

YearAssessmentProperty Tax
2023$21,516$2,259
2022$21,016$2,199
2021$17,728$2,199
2020$17,728$1,204
2019$17,728$1,204
2018$17,728$1,161
2017$17,728$1,176

History based on county public records data.

Nearby schools

10

Myrtle Place Elementary School

Public District PK-5

0.1 mi

1100 Myrtle Pl

7

Dr. Raphael A. Baranco Elementary School

Public District KG-5

1.4 mi

801 Mudd Ave

7

J. Wallace James Elementary School

Public District PK-5

1.4 mi

1500 W Willow St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $68,182. Typical income of Lafayette, LA residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

12%
<35k
56%
35k-100k
19%
100k-200k
13%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
8%
Single, with Kids
16%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
31%
18-34 yrs old
43%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Mexican League SoccerMexican League Soccer
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • DillardsDillards
  • Books-a-MillionBooks-a-Million
  • Chico'sChico's

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • Church's ChickenChurch's Chicken
  • Boston MarketBoston Market

What do the neighbors drive?

  • HyundaiHyundai
  • ToyotaToyota
  • VolvoVolvo

What do the neighbors listen to?

  • RockRock
  • Adult HitsAdult Hits
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Lafayette, LA

Lafayette's transportation infrastructure supports a variety of mobility options, with an emphasis on accommodating both private vehicle travel and public transit users. The city's roadways connect residents to major employment centers and recreational destinations, while public transportation services offer routes that facilitate access to key areas of the city. Walkability varies across neighborhoods, with certain districts offering more pedestrian-friendly environments. The city is continually working to improve transport efficiency and accessibility to ensure a high quality of life for its residents.

The community is served by a comprehensive array of services, including public and private educational institutions that cater to a range of academic and extracurricular interests. Healthcare facilities in Lafayette are equipped to provide a spectrum of services, from routine care to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining establishments reflect the local culture, offering everything from traditional Cajun cuisine to international fare, and the city is proactive in adapting its services to meet the evolving needs of its diverse population.

Lafayette prides itself on its vibrant culture, deeply rooted in Cajun and Creole traditions. The city's character is further enriched by its reputation as the 'Heart of Acadiana,' with numerous festivals, including the famous Festival International de Louisiane, celebrating the area's Francophone heritage. The community's spirit is characterized by a blend of historical charm and a dynamic social scene, appealing to both residents and visitors alike.

Lafayette's housing market showcases a blend of traditional Acadian-style homes, modern condominiums, and spacious single-family residences. The architectural landscape is a testament to the city's rich cultural heritage and contemporary growth. Single-family homes are the cornerstone of the housing sector, while apartments and townhouses offer alternatives for those seeking a more urban living experience. The homeownership rate in Lafayette is robust, reflecting the community's investment in long-term residency.

About 1703 W University Ave

The listing price of 1703 W University Ave property is $315,000.

The property 1703 W University Ave is a house located in Lafayette, Louisiana, 70506.

Active Listing: 1703 W University Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1703 W University Ave are: Myrtle Place Elementary School (GreatSchools Rating 10/10), Dr. Raphael A. Baranco Elementary School (GreatSchools Rating 7/10), J. Wallace James Elementary School (GreatSchools Rating 7/10), Lafayette Middle School (GreatSchools Rating 6/10), Willow Charter Academy (GreatSchools Rating 6/10), Paul Breaux Middle School (GreatSchools Rating 5/10), Early College Academy (GreatSchools Rating 10/10), N. P. Moss Preparatory Academy (GreatSchools Rating 3/10), Edward J Sam Accelerated School of Lafayette (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $2,259 (source: MLS/based on county public records data).

The last sale was on November 2, 2021 for $245,000 (source: MLS/tax record).

The property at 1703 W University Ave has 3 bedrooms and 2 bathrooms.

The property 1703 W University Ave is 2,252 SqFt (source: MLS/tax record).

The year of construction for 1703 W University Ave is 1929.

This home is located at 1703 W University Ave in Lafayette, LA and zip code 70506. This 2,252 square foot home, which was built in 1929, sits on a 0.05 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $315,000.

In April 2025 in Lafayette, LA there were 25% more homes for sale than in March. In April 2025 median list price was $275,000 and the average listing age was 118 days.

From Rocket Homes Real Estate and based on county public records data.

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