$160,000
$25K PRICE DROP

1405 Pelican St New Iberia, LA 70560

Estimated payment $938/month

Total Views 7,750
8 Beds
4 Baths
2,688 Sq Ft
$60 Price per Sq Ft

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Dining Room
  • Belle Place Middle School Rated A-
  • Central Air
  • Ceiling Fan

About This Home

Fourplex comprised of 2 buildings with 2 units per building. Each unit has 2 bedrooms and one bath. There is hardwood floors in the living area and all have an eat in kitchen. This well maintained property has long term tenants. All units have central heat and A/C. Tenants is responsible for all utilities. The vinyl siding placed this year. Do not disturb tenants. No showings until property is under contract. Make your offer contingent on viewing interior after your offer is accepted.

Listing Agent

Irene Wassell

Compass License #70439 Listed on: 05/02/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $875

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 115 x 150
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,688 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

  • North Lewis Elementary School
  • Anderson Middle School
  • Westgate High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable/sat TV, electricity, sewer, trash collection, water
  • Tax Lot H, I

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Darby Subdivision

Building Details

  • Insurance Expense $2,924
  • New Taxes Expense $900
  • Gross Income $2,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$875

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.39
  • Lot Size: 115 x 150
  • Subdivision Name: Darby
  • Directions: From Main St, New Iberia (HWT 182 E) turn right onto Landry Drive. Left onto Pelican. Located on the left toward the end of the street.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Unit 1(Other), Unit 2(Other), Unit 3(Other), Unit 4(Other)
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Range, Refrigerator, Electric Cooktop, Unit 1 Washer/Dryer, Unit 2 Washer/Dryer
  • Other Equipment: Individual Meter
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Unit 1(Dining Room), Unit 2(Eat-in Kitchen), Unit 3(Eat-in Kitchen), Unit 4(Eat-in Kitchen)
  • Living Area: 2688

Exterior Features

  • Lot Features: Level
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Lighting
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: 51 - 75 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Varies by Unit
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer 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
  • Utilities: Cable Connected

Schools

  • Elementary School: North Lewis
  • Junior High Dist: Iberia Parish
  • High School: Westgate
  • Middle Or Junior School: Anderson

Lot Info

  • Lot Size Sq Ft: 16988.4
  • Zoning: Residential

Rental Info

  • Tenant Pays: Cable/Sat TV, Electricity, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 2924
  • Total Actual Rent: 2200

Tax Info

  • New Taxes Expense: 900
  • Tax Lot: H, I

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $875 $9,910 $1,846 $8,064
2023 $901 $9,910 $1,846 $8,064
2022 $661 $9,910 $1,846 $8,064
2021 $662 $9,910 $1,846 $8,064
2020 $662 $9,910 $0 $0
2017 $634 $9,910 $1,846 $8,064
2016 $617 $9,910 $1,846 $8,064
2014 $854 $9,962 $1,898 $8,064
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Price Changed $160,000 -11.1% $60 / Sq Ft
08/26/2025 08/26/25 For Sale $180,000 0.0% $67 / Sq Ft
08/08/2025 08/08/25 Pending -- -- --
06/24/2025 06/24/25 Price Changed $180,000 -2.7% $67 / Sq Ft
05/02/2025 05/02/25 For Sale $185,000 0.0% $69 / Sq Ft
02/06/2020 02/06/20 Rented $500 0.0% --
01/09/2020 01/09/20 Under Contract -- -- --
10/14/2019 10/14/19 For Rent $500 0.0% --
04/04/2019 04/04/19 Sold -- -- --
02/14/2019 02/14/19 Pending -- -- --
11/09/2018 11/09/18 For Sale $116,000 -- $43 / Sq Ft
Source: REALTOR® Association of Acadiana

Source: REALTOR® Association of Acadiana

MLS Number: 2020023524

REALTOR® Association of Acadiana

APN: 0505296010

Louisiana Iberia Parish New Iberia 70560

1405 Pelican St, New Iberia, LA

This home is located at 1405 Pelican St, New Iberia, LA 70560 and is currently priced at $160,000, approximately $59 per square foot. 1405 Pelican St is a home located in Iberia Parish with nearby schools including Daspit Road Elementary School, Belle Place Middle School, and Westgate High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

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Irene Wassell
Listing Agent
Irene Wassell
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Compass
(337) 222-3880