309 Knollwood Dr, Lafayette, LA, 70506
About This Home
Turnkey investment property with long-term tenants and optional built-in management services if needed, but not required. This 2 unit home is bringing in $1,475 per month and $17,700 per year in rental income. Home has been very well maintained and would make a great addition to your rental portfolio and future residual income plan. Full financials including lease copies, insurance cost estimates, property taxes and expenses are available by request. This home is a part of a large portfolio of investment rental properties that are currently listed for sale with more homes will be coming available soon. Properties can be purchased individually or as a package. Please reach out for further details, about this property and others that are available.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
Materials
- Foundation: Slab
- Construction materials: Brick,Brick Veneer
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Other
Heating & Cooling
- Heating features: Other
- Cooling features: Other
Interior Area
- Total structure area: 1,300
- Total interior livable area: 1,300 sqft
Property
Details
- Parcel number: 6039235
Lot
- Lot size: 0.39 Acres
- Lot size dimensions: 85 x 185
Parking
- Total spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Lightning
- Heat Wave
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Louisiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $707 | $8,484 |
| Home Insurance * | $146 | $1,752 |
| Property Taxes | $66 | $792 |
| Electricity | $147 | $1,773 |
| Total | $1,066 | $12,792 |
Income You'd Need if You Spent...
Louisiana FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-19 | Listed for sale | $140,000 |
| 2022-08-24 | Sold | -- |
| 2022-07-13 | Pending sale | $140,000 |
| 2022-07-01 | Listed for sale | $140,000 |
| 2022-06-02 | Pending sale | $140,000 |
| 2022-05-31 | Listed for sale | $140,000 |
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