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314 Cleveland Street, 
Lafayette, LA 70501

$215,000


3

Beds


1

Bath


1,300

Sq Ft


Single Family

Pending

Listed by

Robbie Breaux

Real Broker, LLC.

337-534-0555

Last updated:

January 14, 2026, 11:12 AM

MLS#

2500006589

Source:

LA RAAMLS

About This Home

314 Cleveland Street

Looking for a property that will help financially assist itself for a college student? How about the ability to rent out not one but two units to help supplement a large portion of your mortgage?314 Cleveland is just that property!Perfectly positioned just steps from UL and the heart of downtown Lafayette, this property places you in the middle of everything the city has to offer. From Girard Park and the farmers market to festivals, live music, restaurants, nightlife, the art scene, Downtown Alive, and even the Mardi Gras parade route--you can truly walk to it all. Outdoor lovers will also appreciate easy access to the historic Atakapa-Ishak Bike Trail, making this location as practical as it is exciting.Beyond the unbeatable setting, this property shines as a flexible income-producing opportunity. The main home features solid construction, spacious bedrooms, and an abundance of natural light throughout--creating a comfortable, livable space that appeals to both owners and tenants alike. Tucked behind the main residence are two separate apartment units, offering built-in rental potential without sacrificing privacy.The rear apartments include a 700-square-foot first-floor 2-bedroom, 1-bath unit and a 560-square-foot second-floor 1-bedroom, 1-bath unit, providing multiple income streams from a single property. Whether you're a seasoned investor looking to add a strong asset in a high-demand rental area, or a first-time buyer or college student seeking to live in the main home while rental income helps offset--or even cover--the mortgage, this property offers a smart path to ownership.Opportunities like this are rare: a walkable downtown location, multiple living spaces, and true income potential all in one. Live, invest, and build equity in one of Lafayette's most vibrant and sought-after areas!

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1955

Price Summary

215,000

$165 per Sq. Ft.

MLS #:

2500006589

Last Updated:

January 14, 2026, 11:12 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,300 Sq. Ft.


Structure

Structure

Building Area:

1,300 Sq. Ft.

Year Built:

1955


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$215,000

Price per Sq. Ft:

$165 per Sq. Ft.

Source:LA RAAMLS
The information being provided by REALTOR® Association Of Acadiana Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 REALTOR® Association Of Acadiana Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.