1703 W University Ave Active Save Request In-Person Tour Request Virtual Tour
Lafayette,LA 70506-3347
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Bedrooms 3
Property Description
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 has 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!
Location
State LA
County Lafayette