Address
311 S Morgan Avenue, Broussard, LA
Price
$ 199,000
Property Attributes
  • MLS#2600006461
  • TypeSingle Family
  • Listing Status Active
  • ParishLafayette
  • CityBroussard
  • AreaO
  • NeighborhoodBroussard Addition
  • Zip70518
  • Style
  • Year Built1975
  • Price$ 199,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1705
  • Lot Size0.15 Acres
Data Source:
REALTOR® Association of Acadiana (LBRMLS)
Property Description

INVESTMENT OPPORTUNITY WITH TENANT IN PLACE! This extensively renovated property offers investors the opportunity to acquire an income-producing asset with an existing lease in effect through August 2027.Zoned CN (Commercial Neighborhood), the property offers added long-term flexibility with potential for both residential and commercial uses, subject to applicable zoning requirements. Whether held as a rental investment or considered for future professional office, boutique, salon, studio, service-based business, or other permitted use, this property offers options beyond a traditional residential rental.The property has undergone extensive renovations, including new floor joists, subflooring and flooring, a renovated bathroom with new shower and toilet, new appliances, fresh interior paint, updated fixtures, new water heater, new AC ductwork, and a refreshed kitchen featuring new countertops, tile backsplash, and hardware. A complete renovation list is available upon request.Additional features include three separate driveway entrances, a storage shed, convenient access to Main Street shopping, dining and local activities, and a location in Flood Zone X.Tenant occupied with lease in place through August 2027. No showings prior to an accepted offer. Please do not disturb tenant. Lease information, renovation records and city zoning documents are available upon request.Seller is motivated and welcomes offers.

Elementary School Middle School High School
Drexel Elementary School Broussard Middle School Comeaux High School
Price History
7/14/2026 Listed $225,000
7/28/2026 3$219,000
8/3/2026 9$199,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Composition
Appliances Dishwasher,Disposal,Electric Range,Refrigerator,Electric Stove Con
Gas Y/N Gas: Entergy
Construction Materials Brick Veneer,Frame
Year Built 1975
Electric Elec: Entergy
Stories Count 1
Property Subtype Single Family Residence
County Lafayette
Property Type Residential
Subdivision Name Broussard Addition
Garage Y/N false
Other Structures Shed(s),Storage
Full Baths 2
Status Active
Directions Pinhook to Broussard, right at light to Morgan, house on left.
City Broussard
High School District Lafayette Parish
MLS Area O
Lot Size Square Feet 6534
Carport Y/N true
Home Warranty Y/N false
Property Condition Resale
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Lafayette Parish
Elementary School District Lafayette Parish
Legal Description LOT 8 & S 1/2 LOT 7 BLK S BROUSSARD ADDITION (0.1482 AC)

Interior Features

Interior Amenities Walk-In Closet(s)
Flooring Tile,Vinyl,Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features Window Treatments
Fireplace Y/N false
Laundry Features Electric Dryer Hookup
Total Bedrooms 3
LivingAreaSource Owner
Total Baths 2

Exterior Features

Fencing None
Parking Features Carport
Lot Features 0 to 0.5 Acres,Corner Lot
Total Parking 1
Lot Size Area 6534
Foundation Details Pillar/Post/Pier
Lot Dimensions 0.1482 AC
Lot Size Acres 0.15
Horse Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 70518

Price
AVG $390K
$200K
Year Built
AVG 2012
1975