1518 Mclemore Street

Welcome to 1518 Mclemore Street, a turnkey multifamily investment property located in the heart of New Iberia, Louisiana. This solid three-unit townhouse complex is a rare opportunity to secure a reliable income-producing asset in a stable and growing rental market. With each spacious unit offering 3 bedrooms, 2 bathrooms, and over 1,225 square feet of thoughtfully laid-out living space, this property is ideal for both seasoned investors and those looking to grow their real estate portfolio. Built for functionality and tenant comfort, this two-story townhouse-style triplex sits on a well-maintained parcel in a quiet, residential neighborhood. The complex includes three nearly identical units, each designed to feel like a private home rather than an apartment.

Listing ID:

2500001806

Parish

Iberia

Area

I2

Subdivision

Southport

Financing

Cash, FHA, Conventional, VA Loan

Assessment

0505159004m

Legal Desc

1- 18 X 122/124 ITEM 1 LOT 21C, LOT 21A, MCLEMORE ST, CITY OF NEW IBERIA BEING LOT 21B, BLK 11, SOUTHPORT SUB PART 2 1 - 18 X 121/122 ITEM 1 LOT 21D, LOT 21B, MCLEMORE ST, CITY OF NEW IBERIA BEING LOT 21C, BLK 11, SOUTHPORT SUB PART 2 1 - 23/33

Parking:

Open Parking Spaces: 3

Cooling

Central Air

Heating

Central, Electric

Lot Dimensions

18 X 122/124

Construction

Vinyl Siding, Frame

Water Source

Public