#2020021317, Susan C Theriot, Listing Office: EXP Realty, LLC
713 E Vermilion St Lafayette, LA 70501
Property details
About 713 E Vermilion St
GREAT INVESTMENT OPPORTUNITY in a highly desirable area of downtown in Freetown, just steps from festivals and the parade routes. This property includes a 1,100 sq. ft. duplex along with a separate 535 sq. ft. detached apartment in the back of the duplex, currently generating a total monthly income of $1,150 from three long-term tenants, a couple who have occupied the property for over 20 years. With a new roof already in place and strong potential for increased rental income, this fully occupied property offers immediate cash flow and excellent upside. Its prime location near downtown attractions makes it an ideal addition to any investor's portfolio. This property is being sold ''As Is.'' Set up showing through Showing time. Please set up one day in advance.
Highlights
Summary
- Full Bathrooms: 3
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Open
- Architectural Style: Townhouse
- Heating: Other
- Cooling: Window Unit(s)
- List Price: $145,000
- Price/SqFt: $131
- Annual Tax Amount: $506
- Tax Year: 2023
- Directions: From W Pinhook, turn onto E Vermilion St. Travel about 0.4 miles down E Vermilion St. and destination will be on the right.
- Stories: 1
- Living Area: 1,100 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 2020023634
- MLS Name: REALTOR® Association of Acadiana
- Office Name: Keller Williams Realty Acadiana
- Office Phone: (337) 735-9300
- Listing Agent: Amy Larriviere
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 8:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$145,000
713 E Vermilion St
$1,722
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $4,754 | $506 |
2022 | $4,754 | $497 |
2021 | $4,754 | $497 |
2020 | $4,754 | $497 |
2019 | $4,754 | $497 |
2018 | $4,754 | $477 |
2017 | $4,754 | $484 |
History based on county public records data.
Nearby schools
7
Dr. Raphael A. Baranco Elementary School
Public District KG-5
0.9 mi
•801 Mudd Ave
10
Myrtle Place Elementary School
Public District PK-5
1.2 mi
•1100 Myrtle Pl
4
J.W. Faulk Elementary School
Public District PK-5
1.9 mi
•711 E Willow St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,870. 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.
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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 713 E Vermilion St
The listing price of 713 E Vermilion St property is $145,000.
The property 713 E Vermilion St is a house located in Lafayette, Louisiana, 70501.
Active Listing: 713 E Vermilion St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 713 E Vermilion St are: Dr. Raphael A. Baranco Elementary School (GreatSchools Rating 7/10), Myrtle Place Elementary School (GreatSchools Rating 10/10), J.W. Faulk Elementary School (GreatSchools Rating 4/10), Paul Breaux Middle School (GreatSchools Rating 5/10), Lafayette Middle School (GreatSchools Rating 6/10), Willow Charter Academy (GreatSchools Rating 6/10), N. P. Moss Preparatory Academy (GreatSchools Rating 3/10), Edward J Sam Accelerated School of Lafayette (GreatSchools Rating 2/10), Northside High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $506 (source: MLS/based on county public records data).
The property at 713 E Vermilion St has 3 bedrooms and 3 bathrooms.
The property 713 E Vermilion St is 1,100 SqFt (source: MLS/tax record).
This home is located at 713 E Vermilion St in Lafayette, LA and zip code 70501. This 1,100 square foot home sits on a 0.12 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $145,000.
In April 2025 in Lafayette, LA there were 25% more homes for sale than in March. While the average time on the market in April 2025 was 118 days, the median list price was $275,000.