427 N Sterling Street, Lafayette, LA 70501 (MLS# 24005683)

427 N Sterling Street, Lafayette, LA 70501

$295,000
Property Type: MultiFamily Square Footage: 3,940 Lot Size (sq. ft.): 25,265 Status: Pending
Current Price: $295,000 List Date: 6/14/2024 Last Modified: 9/29/2025

Description

Fully occupied multi-family investment opportunity! This property consists of four fenced in dwellings on site with $3,295/monthly income. House A is 3 bed, 1 bath (2,013 SF) rented for $1,295. House B is 2 bed, 2 bath (1,059 SF) rented for $800/month. House C is 1 bed, 1 bath (400 SF) rented for $550/month. House D is 1 bed, 1 bath (500SF) rented for $650/month. In addition to the rental units this property offers a 2,100 SF shop. Perfect for a real estate investor to store items of his or her trade.

Supplements: ********

More Information MLS# 24005683

Listing Info

Delayed Marketing: No List Price/SqFt: 74.87 Seller Willing to Sell Separately?: No Document Modified: 2024-07-18 10:24:18.985178 Status: Pending Listing Date: 2024-06-11 Listing Price: 295000 Current Price: $295,000 Type: Quadruplex Modification Timestamp: 2025-09-29T21:09:16Z Photo Modified: 2024-06-14T18:52:10Z

Location, Tax & Legal Info

School District: Lafayette Parish Legal Desc: LOT 3 IN BLK A SNODGRASS ADDITION

General Property Description

Approximate Age: 76+ Years Lot Dimensions: 126 X 200 Stories: 1 # Buildings: 3 SqFt - Total: 3940 SqFt - Source: Appraiser Total Parking Spaces: 6 # Heat Units: 4 # AC Units: 4 Individual Metered?: Yes Mineral Rights: Negotiable Assn Fee: None Number of Units: 4 Acres: 0.58

Remarks & Misc

Remarks: Fully occupied multi-family investment opportunity! This property consists of four fenced in dwellings on site with $3,295/monthly income. House A is 3 bed, 1 bath (2,013 SF) rented for $1,295. House B is 2 bed, 2 bath (1,059 SF) rented for $800/month. House C is 1 bed, 1 bath (400 SF) rented for $550/month. House D is 1 bed, 1 bath (500SF) rented for $650/month. In addition to the rental units this property offers a 2,100 SF shop. Perfect for a real estate investor to store items of his or her trade.

Office/Member/Contract Info

REO: No List AOR: RAA

Currently Not Used

Acreage Range: 0.51 - 0.99

Siding

Stucco: 1

Equipment

Cable Available: 1 Fiber Available: 1

Construction

Frame: 1

Foundation

Piers: 1

Fireplace

Fireplace: 1

Roof

Composition: 1 Metal: 1

Heating

Central: 1 Electric: 1

Interior

9+ Ft Ceiling: 1 Electric Dryer Connection: 1

Cooling

Central Air: 1

Flooring

Wood: 1

Sewer

Commercial Sewer: 1 Sewer Company: LUS

Water Source

Commercial Water: 1 Water Company: LUS

Appliances

Dishwasher: 1 Disposal: 1 Gas Range: 1 Refrigerator: 1

Fencing

Full: 1

Lot

Level: 1

Other Structures

Sheds(s): 1 Storage: 1

Financing

Cash: 1 Conventional: 1

Originating Details

Originating System ID: M00000300 Originating System Key: 20240613150333138744000000 Originating System Listing ID: 24005683 Originating System Name: RAA Flex

Location Tax Legal Info

Street Number: 427 Dir: N Street Name: Sterling St Suffix: Street Parish: Lafayette State: LA Zip Code: 70501 Subdivision: Snodgrass Add Area: D Tax Assessment Number: 6027060 Zone: RS-1 Elementary School: J W Faulk Middle School: Paul Breaux Middle High School: Southside Directions: US-90 W, Turn right onto Mudd Ave, Then turn left at the onto N Sterling St, Home on left.

Status Change Info

Under Contract Date: 2025-09-29

Property Features

Siding: Stucco Construction: Frame Foundation: Piers Roof: Composition; Metal Heating: Central; Electric Cooling: Central Air Interior: 9+ Ft Ceiling; Electric Dryer Connection Flooring: Wood Appliances: Dishwasher; Disposal; Gas Range; Gas Range; Refrigerator Equipment: Cable Available; Fiber Available Other Structures: Sheds(s); Storage Lot: Level Fencing: Full Sewer: Commercial Sewer Water Source: Commercial Water Financing: Cash; Conventional
Listing Office: Compass
Last Updated: September - 29 - 2025
427 N Sterling Street, Lafayette, LA 70501- MLS# 24005683
Broker Attribution: 337-233-9700

The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.