Courtesy: Congress Realty, Inc.
Jared English
888-881-4118
This charming multi-family property located at 932 Providence Street in the historic city of New Iberia, LA was built in 1955 and offers a unique opportunity for both investors and homeowners. With a total of 2,633 square feet of living space, this property features 2 bathrooms and no half bathrooms. The lot size is currently undisclosed, providing ample space for outdoor activities or potential expansion. The exterior of the property boasts a timeless design with a classic brick façade and well-maintained landscaping. Inside, each unit offers spacious living areas, cozy bedrooms, and functional kitchens. The property has been meticulously cared for, showcasing pride of ownership throughout. Located in a desirable neighborhood, this property is conveniently situated near schools, parks, shopping, and dining options. With its prime location and versatile layout, this property presents a lucrative investment opportunity for those looking to generate rental income or for buyers seeking a multi-family home to call their own. Don't miss out on the chance to own this charming multi-family property in the heart of New Iberia. Schedule a showing today and explore the potential this property has to offer!
A solid opportunity to add THREE income producing properties to your investment portfolio. The sale includes a tenant occupied, 3 bedroom, 2 bath mobile home on a 60x150 lot along with TWO adjoining lots, all of which are currently producing rental income. The home at 621 Exey Drive features new skirting installed in 6/2026, new central air and heat installed in 2025, and a storage shed that will remain with the property. 619 and 617 Exey have tenant owned mobile homes and are generating lot rent. City water and sewer keep maintenance expenses to a minimum, and the desirable location/school district help support long term rental appeal. DO NOT DISTURB TENANTS.
INVESTOR SPECIAL! 3 homes on one lot. 1001 S Hopkins St; 1003 S Hopkins St; 535 W Dale St. All three homes are tenant occupied.
Courtesy: Bridgewater Realty Advisors, LLC
Mason McCullough
504-298-8631
Village Park is a value add 44-unit with eleven single-story four-plexes on contiguous lots along Yvonne Street. The mix is uniform, every unit a 2 BR / 1.5 BA at approximately 591 sqft with stove, refrigerator and central air, across roughly 26,004 rentable square feet. Twenty-five units have been recently refreshed, roofs are approximately four years old, and units are separately metered with residents paying electricity, gas and water. 21 units are currently occupied, offering in place rental income while other units are open for improvement or to place your own tenants. Please allow at least 24 hours for all showings.
All units have undergone a complete rehab. Showings will be set up after an accepted offer with a pre-approval letter attached. All units occupied with 1 year lease. Roof replaced in 2018.
Fantastic investment opportunity located in the heart of New Iberia! This unique property features two renovated homes on one lot, making it ideal for investors, rental income, or multi-generational living. The f irst home of fers 3 bedrooms and 1.5 bathrooms, while the second home features 2 bedrooms and 1 bathroom. Both homes have been beautifully renovated, are fully furnished, and are move-in or rental ready. Conveniently located near shopping, dining, and local amenities, this turnkey property is ready to start generating income from day one.
ATTN: Investors 4- Rental units on large city lot...Currently all occupied and ready for a new owner. Lots of upgrades done by seller...Front home is a split 2 story with both units offering 2-BR 1-Bath... Garage Apt. 1-BR 1-Bath and 210 North Street 2-BR 1- Bath. Call your Real Estate Agent today for more information.
Courtesy: Bridgewater Realty Advisors, LLC
Cameron Griffin
504-535-5680
Monthly Rent: $66,005 Cherrybrook Apartments presents a compelling investment opportunity in one of Acadiana's stable and growing rental markets. This 74-unit garden-style community delivers a well-balanced mix of workforce housing in a market characterized by consistent tenant demand and durable occupancy. Its classic brick-and-siding construction and established garden-style layout provide low-maintenance appeal that continues to resonate with long-term residents. The property features a thoughtfully composed unit mix designed to attract a broad tenant base seeking affordability, functionality, and convenience. The community consists of four one-bedroom units, forty-six two-bedroom units, and twenty-four three-bedroom units, offering a versatile range of housing options that supports stable, diversified rental income across the asset. With no rent restrictions in place, Cherrybrook offers investors immediate operational flexibility and meaningful upside through strategic management and rental optimization. When light cosmetic renovations improve 1-bed rents to $850, 2-bed rents to $950, and 3-bed rents to $1,150, a pro forma net operating income of $426,131 can be realized over 12–24 months (with adjusted property taxes and management fees). The foregoing measurements, rental income, operating metrics, and pro forma projections are assumed to be reliable based on available information and standard industry assumptions, though investors are advised to conduct independent verification.
Great investment opportunity on approximately 1.3 acres! This multi-family property features two manufactured homes--one offering 3 bedrooms and 2 bathrooms with 1,280 sq ft, and the second offering 2 bedrooms and 2 bathrooms with 1,036 sq ft. Ideal for rental income or multi-generational living. Property is being sold as-is.
Located in the heart of New Iberia, this property is calling your name! This 2,110 square foot, 1 story duplex has matching units that are each 1,055 square feet and feature 1 Bed & 1 Bath. Situated on a quarter of an acre lot, there is ample space for parking. This property presents a strong opportunity for portfolio growth. Though both units are currently vacant, the property has been leased for $725 per unit, bringing in a total of $1,450 monthly. This property can be purchased individually or as part of a package that includes 10 properties. Call today for more information!
Established 16-lot mobile home park situated on approximately 3.15 acres, offering strong in-place income with additional upside potential. Each lot measures 16x80 and features mature trees and individual yard space, creating an attractive setting for residents. The property benefits from convenient dual access via Highway 14 and Valery Rd, providing excellent visibility and ease of entry. Seven mobile homes convey with the sale, including four tenant-occupied units with long-term tenants already in place. One additional tenant-owned home along with the potential for two more tenant-owned homes will generate additional lot rental income. Six vacant lots are ready for placement of mobile homes, offering immediate expansion and value-add opportunity. Priced well below appraised value, this property presents a compelling investment opportunity with stable cash flow and room for growth. Detailed property information sheet available upon request.
Two house package. (Unit One) House at 713 St Jude Ave has an eat in kitchenand an extra flex space in the front of the house. This 2 bedroom unit has central heat and window units fora/c. Rents for $850/month. The charming cottage at 714 (Unit Two) is currently tenant occupied and rents for$700/month. It has an open floor plan with built-ins in the living room and bedroom. This unit has a centralHVAC unit. Both homes have covered carports.
28-Lot Mobile Home Park Investment Opportunity New IberiaStrong value-add mobile home park opportunity in New Iberia featuring 28 lots, solid in-place cash flow, and an estimated cap rate of approximately 10%.This asset offers immediate income with additional upside through expansion. Included in the sale is an additional parcel with the potential to support approximately 10-20 additional mobile homes, subject to subdivision and development plans. A house is also included in the sale and is being assigned no value.With most homes being tenant-owned, the park benefits from a lower-maintenance operating model while still including some park-owned homes for added income potential. Current lot rent is $280 per lot, creating a stable base with room for future optimization depending on market conditions.Investment Highlights28-lot mobile home park in New IberiaApproximate 10% cap rateStrong existing cash flowAdditional parcel included with expansion potential for 10-20 more lotsLarge vacant area for future developmentMost homes are tenant-ownedAdditional income from park-owned homesLot rent currently $280 per lotExisting management company willing to remain in placeSeller is a licensed real estate agentThis is an attractive opportunity for an investor seeking immediate yield, operational stability, and long-term upside through infill and expansion.
Turnkey 12-Plex in Opportunity Zone (11) 1-Bedroom Units + (1) 2-Bedroom Unit- Fully Renovated. Great investment opportunity in a newly remodeled, single-story 12-unit complex--easy to manage and built to last with concrete and cinder block construction. Low maintenance and ready to generate income from day one. Please do not disturb tenants. Showings by appointment only with listing agent or owner.
New Iberia is located in Louisiana. New Iberia, Louisiana has a population of 28,844. New Iberia is less family-centric than the surrounding county with 21.51% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in New Iberia, Louisiana is $43,734. The median household income for the surrounding county is $52,278 compared to the national median of $69,021. The median age of people living in New Iberia is 34.4 years.
The average high temperature in July is 91.7 degrees, with an average low temperature in January of 41.9 degrees. The average rainfall is approximately 61.7 inches per year, with 0 inches of snow per year.
