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3500 E Simcoe St #31, Lafayette, LA 70501

$74,999

1
beds
1 full · 1 half
baths
1,119
sqft
1983
year built

Discover a rare opportunity in the gated River Trace condominium community--Unit 31, a two-story, 1-bedroom, 1.5-bath condo spanning approximately 1,119 sq ft, built in 1983 and listed for $79,999. This unit is ideal for first-time homebuyers or savvy investors seeking a charming home with tremendous upside potential.Step inside to find soaring ceilings, a cozy wood-burning fireplace, and seamless indoor-outdoor living with both a private balcony and a spacious patio--perfect for morning coffee or evening relaxation. While the carpet needs replacement and some TLC, the solid bones and layout offer a canvas for personalization and value enhancement.The $245/month HOA delivers exceptional value, covering:Homeowners insuranceRoof repair or replacement as neededExterior siding repair, replacement, and paintingExterminator servicesThis comprehensive coverage means you can focus on interior updates and design, while the HOA handles major exterior maintenance and protection.Located in the desirable River Trace subdivision, this condo offers both convenience and community. Nearby, you'll find the Oakbourne Country Club, adding recreational appeal, and the area is well-connected to local amenities and schools.Whether you're looking to make this your first home or add a high-potential property to your investment portfolio, Unit 31 offers affordability, structural peace of mind, and a strong foundation for future equity.

  • Bedrooms
    1
  • Bathrooms
    1 full · 1 half
  • Year Built
    1983
  • Stories
    2.0
  • Architectural Style
    Traditional
  • Construction Materials
    Stucco, HardiPlank Type
  • Foundation
    Slab
  • Parking Features
    Assigned
  • Living Area
    1119.0
  • Interior Features
    Walk-In Closet(s), Pantry, High Ceilings, Crown Molding
  • Appliances
    Dryer, Dishwasher, Refrigerator, Washer, Ice Maker, Electric Cooktop, Built-In Electric Oven
  • Flooring
    Tile, Carpet
  • Exterior Features
    Balcony
  • Cooling
    Central Air, Multi Units
  • Heating
    Central

  • Acres
    0.2


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Frequently Asked Questions

How do I schedule a tour of 3500 E Simcoe St #31?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 3500 E Simcoe St #31.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 3500 E Simcoe St #31?

Click Ask a Question to talk with our team. You already know it is a 1 bed, 1 bath, listed for $74,999. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Lafayette, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 3500 E Simcoe St #31?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 3500 E Simcoe St #31 at around $427. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 3500 E Simcoe St #31?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Lafayette County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 3500 E Simcoe St #31?

In most cases, yes. Whether 3500 E Simcoe St #31 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lafayette's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 3500 E Simcoe St #31?

We can handle that for you. Our preferred local agent specializes in residentials in Lafayette and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $74,999 with 1,119 sqft of space—that comes out to approximately $67 per square foot.

How long has this property been on the market?

3500 E Simcoe St #31 was listed on July 24, 2026, which means it's been on the market for 110 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1983, making it approximately 43 years old.

What is the lot size of this property?

3500 E Simcoe St #31 sits on a 0.2-acre lot, which is 8,712 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: J W Faulk
  • Middle: Paul Breaux Middle
  • High: Northside

Want to see how these schools compare? Check out our Lafayette County School Guide to see ratings, reviews, and more for the schools in the area.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $245.

This covers access to community features including: Management.

Is 3500 E Simcoe St #31 still available for sale?

This home is pending sale, which means the seller has accepted an offer. You can favorite it to track status or ask our expert to help you find similar homes in this area. We'll also let you know if this property comes back on the market.

Source: ez Home Search, MLS Data

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