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Four-Unit Quadplex with Workshop

427 N Sterling Street Lafayette, LA 70501

427 N Sterling Street, Lafayette, LA, 70501
$285,000
For Sale
$285,000

MULTI_FAMILY - Lafayette, LA

Property Size3,940 SF
Lot Size0.58 Acres
Price / SF$72.34
Days on Market767

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 Agency Compass
2000 Kaliste Saloom, Ste. 101, LA
Listed by Brennan Billeaud · License #0000069755
Added: Jun 11, 2024 Checked: Jul 17 at 6:06 pm
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

HVAC Service Kitchen & Bath Showroom Tech Support Center Storage Facility (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service

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

FAQs

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
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