311 S Morgan Avenue
Broussard, LA, 70518 $ 199,000
Bedrooms3 Baths2.0 Sq 1,705 Monthly Estimate*
$ 1,374
for $199,000 with 3 bedrooms and 2 full baths. This 1,705 square foot home was built in 1975 on a lot size of 0.15.
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.
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FeaturesGeneralLiving Area 1705.0
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Roof Composition
Appliances Dishwasher Disposal Electric Range Plumbed For Ice Maker Refrigerator Water Purifier Electric Stove Connection
Architectural Style Cottage
Security Features Security System Owned Smoke Detector(s)
Construction Materials Brick Frame
Year Built 1975
Levels One
Property Subtype Single Family Residence
Parcel Number 6034704
County Lafayette
New Construction N
Property Type Residential
HOA N
Subdivision Name Broussard Addition
Garage Y/N N
Other Structures Storage Shed(s)
Total Rooms 0
Full Baths 2
Status Active
Directions Pinhook to Broussard right at light to Morgan house on left.
High School Comeaux
City Broussard
Senior Community Y/N N
High School District Lafayette Parish
MLS Area O
Lot Size Units Acres
Lot Size Square Feet 6534.0
Carport Spaces 1.0
Carport Y/N Y
Elementary School Drexel
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Broussard
Lease Renewal Y/N N
MLS Area Minor O
Lease Considered Y/N N
Rent Control Y/N N
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 7-8
Legal Description LOT 8 & S 1/2 LOT 7 BLK S BROUSSARD ADDITION (0.1482 AC)
Water Body Access Y/N None
Accessibility Features Y/N None
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InteriorInterior Amenities Walk-In Closet(s)
Flooring Tile Vinyl Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Window Treatments
Fireplace Y/N N
Laundry Features Electric Dryer Hookup
Total Bedrooms 3
Total Baths 2
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ExteriorFencing None
Lot Features Corner Lot
Water Source Public
Lot Size Area 0.15
Foundation Details Pillar/Post/Pier
Spa N
Lot Dimensions 0.1482 AC
Lot Size Acres 0.15
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByElaina ThrasherListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $1,374
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Broussard, LA
Average List Price $394,294
Percent of Sale Price 98%
About Broussard, LA 12,436 Population
59% Since 2002
$ 71,193 Median Income
36.86 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
5584220 Elementary School
5583244 Middle School
Comeaux High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/13/2026 | $199,000 | | Listed Price |