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Sold on 05/27/25
  • Price Unknown

    515 Cedar Crest Ct, Lafayette, LA 70501

    5beds
    2,224sqft
    Multi Family
    Built in ----
    -- sqft lot
    $269,100 Zestimate®
    $--/sqft
    $1,447 Estimated rent

    What's special

    Introducing an incredible multi-family investment opportunity! This charming triplex offers three distinct units, each with its own private entrance, individual A/C unit, and bathroom--perfect for investors or owner-occupants looking to generate rental income. With potential rental income of approximately $4,000 per month furnished or $3,000 per month unfurnished, this property offers flexibility for both long- and medium-term rentals. This is a rare find in today's market, as it meets the coveted 1% rule--where the monthly rent is at least 1% of the purchase price--making it an exceptional investment opportunity. Nestled in a thriving neighborhood just a short walk from downtown, this property combines convenience with lasting value. Located in Flood Zone X, no flood insurance is required, keeping ownership costs down. The home beautifully blends vintage charm with modern updates, featuring natural wood floors and original windows alongside a gas HVAC system and gas stove in the main house for added efficiency. Tenants will appreciate the spacious backyard and generous off-street parking, enhancing comfort and convenience. The prime location near UL, I-10, and the popular Laura 2's Restaurant makes this triplex a smart choice for investing in a high-demand area. With all appliances included, this property is truly move-in or rental-ready. Don't miss out--contact us today for more information and make this fantastic opportunity yours!

    Zillow last checked: 7 hours ago

    Listing updated: May 28, 2025 at 12:04pm

    Listed by:

    Tyler Albrecht,

    Keaty Real Estate Team

    Source: RAA,MLS#: 25001055MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central, Space Heater
    Cooling
    • Central Air, Window Unit(s)
    Appliances
    • Included: Dishwasher, Ice Maker, Microwave, Refrigerator, Washer, Electric Cooktop, Gas Cooktop, Plumbed For Ice Maker, Washer/Dryer Some, Unit 1 Washer/Dryer
    • Laundry: Electric Dryer Hookup, Washer Hookup, Unit 1 Washer/Dryer Hookup
    Features
    • Vaulted Ceiling(s), Ceiling Fan(s)
    • Flooring: Laminate, Wood
    • Windows: Some Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Unit 1 Fireplace
    • Furnished: Yes
    Interior area
    • Total structure area: 2,170
    • Total interior livable area: 2,224 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Attached, Carport, Covered
    • Has carport: Yes
    Features
    • Stories: 2
    • Patio & porch: Patio, Porch, Unit 1 Porch/Patio/Deck, Unit 2 Porch/Patio/Deck, Unit 3 Porch/Patio/Deck
    • Exterior features: Balcony, Lighting
    • Fencing: Chain Link,Partial,Privacy,Wood
    Lot
    • Size: 7,840 sqft
    • Dimensions: 65 x 125 x 65 x 125
    • Features: Level
    Details
    • Parcel number: 6017200
    • Zoning: RS-1
    • Special conditions: Arms Length

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Multi Family
    Materials
    • Frame, Wood Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Composition
    Condition
    • 41 - 50 Years
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Fiber Available, Fiber Ready

    Community & neighborhood

    Location
    • Region: Lafayette
    • Subdivision: West End Hgts

    HOA & financial

    Other financial information
    • Total actual rent: 3800
    Services availability