515 Cedar Crest Court, Lafayette LA 70501

$275,000

515 Cedar Crest Court, Lafayette, LA 70501

bedrooms

bathrooms

square feet

2,170

Acreage

0.18

Open Houses

year built

Full Baths

Half Baths

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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!

Location
Subdivision	West End Hgts
County	-
Elementary School	Montgomery
Middle School	Lafayette
High School	Lafayette

Driving directions

Open houses

None scheduled.

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MLS number: 25001055

Listing agent: Tyler Albrecht

Listing broker: Keaty Real Estate L.L.C. (337) 235-7770

Copyright © 2025 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Monday, March 10 2025 at 6:39 p.m. EDT

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