$157,000

Estimated payment $1,095/month

8 Beds
8 Baths
3,896 Sq Ft
$40 Price per Sq Ft

Highlights

  • Balcony
  • Patio
  • Central Air
  • Porch
  • Tile Flooring
  • Ceiling Fan

About This Home

Well kept 4-Plex investment property with $2,500 monthly revenue and $30,000 yearly revenue coming in. Long-term tenants in place, makes this property a turn-key option and a high quality investment. All units are 2 bedrooms and 2 bath. Newer roof and upgrades to the exterior have been completed recently. Priced at an attractive 13.9% CAP rate! Full work-up and financials are available by request. Don't miss your opportunity to own a well-cared for building with great cash flow and residual income.

Listing Agent

Jamie Knight

Real Broker, LLC License #69168 Listed on: 05/11/2026

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 65' x 100'
  • Privacy Fence
  • Wood Fence
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • 3,896 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Cooktop
  • Washer and Dryer Hookup

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Lot

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • C S Burke Elementary School
  • Judice Middle School
  • Acadiana High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Separate Meters

Listing and Financial Details

  • Tax Lot 47

Community Details

Overview

  • 4 Units
  • Pontalba Place Subdivision

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • Insurance Expense $4,059
  • Other Expense $100
  • New Taxes Expense $1,049
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Lot Details

6,534 Sq Ft Lot

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Lot Size: 65' x 100'
  • Subdivision Name: Pontalba Place
  • Directions: Ambassador Caffery to Congress Extension (West) to Left on Colorado. Right on Marigny, Left on Meudon, Property on Right.
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Structure Type: Unit 1(Flat), Unit 2(Flat), Unit 3(Flat), Unit 4(Flat)
  • List_136: 92.111819
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Range, Refrigerator, Electric Cooktop
  • Other Equipment: Individual Meter
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Flooring: Vinyl, Tile
  • Interior Amenities: Ceiling Fan(s), Unit 1(Dining Room,Eat-in Kitchen,Walk-in Closet), Unit 2(Dining Room,Eat-in Kitchen,Walk-in Closet), Unit 3(Dining Room,Eat-in Kitchen,Walk-in Closet), Unit 4(Dining Room,Eat-in Kitchen,Walk-in Closet)
  • Living Area: 3896

Exterior Features

  • Fencing: Privacy, Wood
  • Lot Features: Level
  • Construction Type: Brick, Frame, Brick Veneer, HardiPlank Type, Wood Siding
  • Exterior Features: Balcony, Lighting
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch, Unit 1 Porch/Patio/Deck, Unit 2 Porch/Patio/Deck, Unit 3 Porch/Patio/Deck, Unit 4 Porch/Patio/Deck
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Lot
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Washer Hookup, Unit 1 Washer/Dryer Hookup, Unit 2 Washer/Dryer Hookup, Unit 3 Washer/Dryer Hookup, Unit 4 Washer/Dryer Hookup
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: C S Burke
  • Junior High Dist: Lafayette Parish
  • High School: Acadiana
  • Middle Or Junior School: Judice

Lot Info

  • Lot Size Sq Ft: 6534

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 30000
  • Insurance Expense: 4059
  • Number Of Units Leased: 3
  • Number Of Units Vacant: 1
  • Total Actual Rent: 2500

Tax Info

  • New Taxes Expense: 1049
  • Tax Lot: 47

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2026 05/11/26 For Sale $157,000 -- $40 / Sq Ft
Source: REALTOR® Association of Acadiana

Purchase History

Date Type Sale Price Title Company
Deed $150,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,500 New Conventional
Source: Public Records

Source: REALTOR® Association of Acadiana

MLS Number: 2600004180

REALTOR® Association of Acadiana

APN: 6026744

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