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!
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
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#: 25001055

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