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    114 Hummingbird Ln Lafayette, LA 70506

    For Sale
    $283,000

    Quadruplex - Lafayette, LA

    Type:Quadruplex
    Property size:
    2,000 SF
    Days on Market:
    18
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 114 Hummingbird Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Parking
    2
    Interior features
    Window Treatments
    Appliances
    Dishwasher, Range, Refrigerator, Washer
    Size
    2,000 SF

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Number of units
    2
    Flooring type
    Carpet
    Roof type
    Composition
    Architectural style
    Other

    Keaty Real Estate L.L.C. (337) 235-7770 [email protected]

    Listing agent James Keaty (337) 235-7770

    Listing date Nov 19, 2025

    MLS# 2500005684 Listing URL

    Copyright © 2025 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lafayette Quadplex with Rental Upside

    This fully occupied quadplex in Lafayette, LA, offers strong returns with built-in rental upside. Two units have been recently updated with fresh paint, and one received all new flooring. Another unit already features newer laminate floors. The current rents are $750, $775, and two at $850, positioning the property for growth, with the remaining units eligible for increases in Spring 2026 to bring all four to $850 per month. At current income and expenses, including landlord-paid water, trash, taxes, and insurance, the property performs at an approximate 10.7% CAP rate and 19.25% cash-on-cash return with 25% down. Once stabilized at $850 per unit, returns improve to an approximate 11.53% CAP and 21.9% CoC. Straight-line depreciation (85/15 split) in a 25% bracket produces an estimated 22% effective Year 1 return. The property size is 2000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center Kitchen & Bath Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.097905
    Latitude
    30.1728362

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    FAQs

    What type of property is this?
    Quadplex - Fully occupied quadplex in Lafayette, LA with strong returns.
    Where is this quadplex located?
    The property is located at 114 Hummingbird Ln Lafayette, LA.
    What is the asking price?
    The asking price for this property is $283,000.
    What are key features of this property?
    This property features: - High current CAP rate (approx. 10.7%) and cash-on-cash return (19.25%) with 25% down.; - Opportunity to increase rents to $850/month per unit, improving CAP rate to approx. 11.53% and cash-on-cash return to 21.9%.; - Potential for significantly higher Year 1 return (approx. 45-50%) through cost segregation and accelerated depreciation.
    (337) 235-7770
    Request Owner's contact information
    114 Hummingbird Ln Lafayette, LA 70506
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    Lafayette, LA 70506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 Hummingbird Ln Lafayette, LA 70506
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