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4-Unit Quadplex with Individual Meters
New
For Sale
$205,000
Pending

426 Vieux Orleans Circle, Lafayette, LA 70508

Residential Income, Lafayette, LA

Property Size3,600 SF
Lot Size0.20 Acres
Days on Market7

Property Features for 426 Vieux Orleans Circle

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Full bathrooms 4
Rooms Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2
Parking 8
Parking features Parking Lot
Interior features Walk-In Closet(s), Electric Dryer Connection, Electric Stove Connection, Walk-In Closet(s)
Exterior features Balcony, Lighting, Balcony, Outside Light
Appliances Dishwasher, Refrigerator, Electric Range
Subdivision Vieux Orleans
Lot features Corner Lot, Level
Elementary school Ernest Gallet
Middle school Broussard
High school Lafayette
Elementary school district Lafayette Parish
Middle school district Lafayette Parish
High school district Lafayette Parish
Directions From Kaliste Saloom Road, head south toward Verot School Road. Turn left onto Verot School Road, then turn into Vieux Orleans Circle. Continue along Vieux Orleans Circle until you reach 426 Vieux Orleans Circle, which will be on your right.
Standard status Pending
APN 6048597
Size 3,600 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description LOT 1 VIEUX ORLEANS A MULTIFAMILY DEV (111.98X63.99X97.85X91.7)
Legal Description LOT 1 VIEUX ORLEANS A MULTIFAMILY DEV (111.98X63.99X97.85X91.7)

Utilities

Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Central Air
Water source Public

Building Details

Number of units 4
Building materials Brick, Wood Siding
Roof type Composition
Listing Agency: Compass · ERA Real Estate
Listed By: Brennan Billeaud · License #0000069755
Added: Sep 9 Changed: Sep 13 Last Checked: Sep 15 at 1:06PM
MLS# 2600008490

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 3,600-square-foot quadplex contains four residential units, each configured with 2 bedrooms and 1 bath and measuring approximately 800 SF. Interior finishes include ceramic tile or LVP flooring, while appliances include dishwashers, refrigerators, and electric ranges. Central air, electric heating, ceiling fans, walk-in closets, and balconies are among the property features.

Four recently installed water meters allow the units to be metered individually, and tenants are responsible for utilities. Three of the four units are currently occupied. The property includes a parking lot, public water service, composition roofing, brick and wood siding, and exterior lighting. It is located on Vieux Orleans Circle in Lafayette, LA.

Key Highlights

  • Four 2‑bedroom, 1‑bath units, each approximately 800 SF
  • 3,600‑square‑foot quadplex on 0.2 acres
  • Four new water meters provide individual unit metering

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Electrical Service Pharmacy Locksmith Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby

Demographics for 70508, LA

40,343
Population
18,677
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
94%
High-School Grad
24.3 sq mi
ZIP Area
1,660
Density / Sq Mi
$88,017
Median Household Income
$51,614
Median Earnings
$1,244
Median Rent
$299,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Three residences are occupied, with separate utility metering and functioning appliances throughout the property.
Where is this quadplex located?
The property is located at 426 Vieux Orleans Circle Lafayette, LA.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bath units, each approximately 800 SF; 3,600‑square‑foot quadplex on 0.2 acres; Four new water meters provide individual unit metering
More about this property
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