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510 Madison St Lafayette, LA 70501

For Sale
$295,000

Quadruplex - Lafayette, LA

Type:Quadruplex
Property size:
2,890 SF
Days on Market:
179
Last Refresh:
Dec 7 at 4:06 am

Property Features for 510 Madison St

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Standard status
Active
Parking
8
Appliances
Refrigerator
Size
2,890 SF

Utilities

Heating system
Central
Cooling system
Multi Units, Window Unit(s)

Building Details

Floors in Building
2
Number of units
4
Flooring type
Wood
Architectural style
Other

HUNCO Real Estate, LLC (337) 889-5711 [email protected]

Listing agent William Raines (337) 889-5711

Listing date Jun 12, 2025

MLS# 2500000133 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

Downtown Lafayette Quadruplex Investment Opportunity

This 2,890 square foot, 4-plex property in downtown Lafayette offers value-add investment potential. The property contains two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. The property currently generates $30,360 in annual rental income. There is an opportunity to increase returns to approximately $35,580 yearly with appropriate adjustments. The property is within walking distance of Parc Sans Souci, Parc International, and the Lafayette Public Library Main Branch. The Acadiana Center for the Arts and Festival International are also nearby. A variety of restaurants offering authentic Cajun cuisine and diverse dining options are located close to the property. Each unit has washer and dryer connections. The units were rewired in 2007, and the plumbing has been upgraded over the years. This multi-family home offers income potential and quality living space in a desirable neighborhood.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Lafayette
County
Lafayette
State
Louisiana
Longitude
-92.0200417
Latitude
30.228976

FAQs

What type of property is this?
Quadplex - Spacious 4-plex in downtown Lafayette with value-add potential.
Where is this quadplex located?
The property is located at 510 Madison St Lafayette, LA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: - Value-add 4-plex investment property in downtown Lafayette.; - Opportunity to increase annual rental income.; - Prime location within walking distance of Parc Sans Souci, Parc International, and the Lafayette Public Library.
More about this property
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