Back to Search

Four-Unit Quadplex with Workshop

427 N Sterling Street Lafayette, LA 70501

For Sale

$285,000

MULTI_FAMILY - Lafayette, LA

Property size:

3,940 SF

Lot size:

0.58 Acres

Price / SF:

$72/SF

For Sale

$285,000

MULTI_FAMILY - Lafayette, LA

Property size:

3,940 SF

Lot size:

0.58 Acres

Price / SF:

$72/SF

Added:: Jun 11, 2024
Days on Market:: 761
Last Refresh:: Jul 11 at 10:06 am

Property Features for 427 N Sterling Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RS-1
Parking: 6
Interior features: High Ceilings, 9+ Ft Ceiling, Electric Dryer Connection
Exterior features: Fireplace
Fireplace: 1
Appliances: Dishwasher, Disposal, Refrigerator, Gas Range
Standard status: Active
APN: 6027060
Size: 3,940 SF
Lot size: 0.58 Acres

Taxes and HOA fees

Tax Description: LOT 3 IN BLK A SNODGRASS ADDITION

Utilities

Heating system: Electric (Heating), Central
Cooling system: Central Air

Building Details

Floors in Building: 1
Number of units: 4
Flooring type: Wood
Building materials: Stucco
Roof type: Metal, Composition
Additional Structures: Storage

Listing agent Brennan Billeaud License #0000069755

Listing office Compass 2000 Kaliste Saloom, Ste. 101, LA

Listing date Jun 11, 2024

MLS# 24005683 Listing URL

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 for-sale quadplex features four fenced-in dwellings on one lot, plus an additional 2,100 SF shop on site. House A offers 3 bedrooms and 1 bathroom in approximately 2,013 SF, and House B offers 2 bedrooms and 2 bathrooms in approximately 1,059 SF. House C is a 1-bedroom, 1-bath layout of approximately 400 SF, and House D is a 1-bedroom, 1-bath layout of approximately 500 SF. All four homes are currently occupied.

Located at 427 N Sterling Street in Lafayette, Louisiana (70501), the property sits on a 0.58-acre lot. The site arrangement places the fenced dwellings on the same parcel for straightforward day-to-day operations, while the separate shop adds on-site utility for maintenance, storage, or business-related equipment.

The layout supports an investor or owner-operator looking for a multi-unit rental structure with diversified unit sizes across one property. With each unit already rented, the offering is designed for buyers who want to own a contained package of four residential tenants along with supplemental shop space for storage or trade-related use.

Key Highlights

Four fenced dwellings on one property generating $3,295/month in total rental income
Unit mix: House A 3 bed/1 bath (2,013 SF) rented for $1,295; House B 2 bed/2 bath (1,059 SF) $800/month
Additional units: House C 1 bed/1 bath (400 SF) rented for $550/month; House D 1 bed/1 bath (500 SF) $650/month

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Similar For Sale Nearby

$1,500,000

6,178 SF

Multi-Tenant Commercial Building with Drive-Thru

Newer 2020-built three-suite property with a drive-thru window and an in-place medical office buildout.

1501 W Pinhook Road, Lafayette, LA 70503

View Details
$249,500

7,500 SF

Contractor Garage Flex Suites

Two flex suites each with roll-up bays, office space, and shared outdoor storage options on a commercial-zoned lot.

401 Mecca Street, Lafayette, LA 70508

View Details
$735,000

5,856 SF

Neighborhood Strip Center Investment

Fully leased strip center with four suites and strong on-site parking in a high-demand commercial corridor.

107 Energy Parkway, Lafayette, LA 70508

View Details
$825,000

3,476 SF

Historic Downtown Lafayette Commercial Property

Renovated historic commercial property in downtown Lafayette with rental income.

120 Caillouett Place, Lafayette, LA 70501

View Details
$1,100,000

8,576 SF

Multi-Purpose Event Center with Commercial Kitchen

Versatile event space with meeting areas, office space, a fully equipped commercial kitchen, and an expanded covered pavilion.

200 Rue Du Belier, Lafayette, LA 70506

View Details
$1,300,000

8,816 SF

Professional Office with Optional Income

Well-maintained office property in Lafayette with flexible income potential.

114 Representative Row, Lafayette, LA 70508

View Details
$629,000

4,200 SF

Mixed-Use Commercial Building

Three-suite mixed-use building with dedicated parking, offering flexible space for office, medical, or retail users.

2807 Kaliste Saloom Road, Lafayette, LA 70508

View Details
$270,000

3,000 SF

Office/Warehouse Flex Property

Office and insulated warehouse space with roll-up loading and front and rear parking for operational flexibility.

205 Four Park Road, Lafayette, LA 70507

View Details
$249,900

5,800 SF

Flex/Industrial Building with Three Suites

Three-suite flex/industrial facility with offices and roll-up doors for versatile contractor, manufacturing, or distribution use.

405 Mecca Street, Lafayette, LA 70508

View Details
$289,000

5,700 SF

Flex Warehouse with Office and Studio

Corner-lot warehouse with an overhead door, office-ready front, and a gated rear yard for secure parking and added workspace.

3121 Cameron Street, Lafayette, LA 70506

View Details
$825,000

6,068 SF

Multi-Unit Residential Rental Package

Seven occupied income-producing rental units sold as an as-is package with total monthly rent of $8,270.

426 Bellevue Street, Lafayette, LA 70506

View Details
$860,000

20,485 SF

Versatile Commercial Property in Lafayette

Unique commercial property with light industrial zoning in downtown Lafayette.

204 Wilson Street, Lafayette, LA 70501

View Details

For sale
Quadplexes
LA
Lafayette
70501
427 N Sterling Street

What type of property is this?

Quadplex - Four fully leased fenced residences plus a 2,100 SF shop provide a compact rental setup in Lafayette.

Where is this quadplex located?

The property is located at 427 N Sterling Street Lafayette, LA.

What is the asking price?

The asking price for this property is $285,000.

What are key features of this property?

This property features: Four fenced dwellings on one property generating $3,295/month in total rental income; Unit mix: House A 3 bed/1 bath (2,013 SF) rented for $1,295; House B 2 bed/2 bath (1,059 SF) $800/month; Additional units: House C 1 bed/1 bath (400 SF) rented for $550/month; House D 1 bed/1 bath (500 SF) $650/month

427 N Sterling Street Lafayette, LA 70501

MULTI_FAMILY - Lafayette, LA

Property Features for 427 N Sterling Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Multi-Tenant Commercial Building with Drive-Thru

Contractor Garage Flex Suites

Neighborhood Strip Center Investment

Historic Downtown Lafayette Commercial Property

Multi-Purpose Event Center with Commercial Kitchen

Professional Office with Optional Income

Mixed-Use Commercial Building

Office/Warehouse Flex Property

Flex/Industrial Building with Three Suites

Flex Warehouse with Office and Studio

Multi-Unit Residential Rental Package

Versatile Commercial Property in Lafayette

FAQs