$4,453 Closing Credit¹
#24009137, Paul Arceneaux, Listing Office: The Gleason Group
$315,000 List price
427 N Sterling St Lafayette, LA 70501
$3,741
Closing credit¹
3,940 sqft
0.6 acres
$80 / sqft
Multi-Family
Property details
About 427 N Sterling St
Fully occupied multi-family investment opportunity! This property consists of four fenced in dwellings on site with $3,295/monthly income. House A is 3 bed, 1 bath (2,013 SF) rented for $1,295. House B is 2 bed, 2 bath (1,059 SF) rented for $800/month. House C is 1 bed, 1 bath (400 SF) rented for $550/month. House D is 1 bed, 1 bath (500SF) rented for $650/month. In addition to the rental units this property offers a 2,100 SF shop. Perfect for a real estate investor to store items of his or her trade.
Highlights
Home typeQuadruplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size3,940 sqft
Lot size0.58 Acres
MLS #24005683
Summary
- Appliances: Gas Range, Refrigerator, Disposal, Dishwasher
- Flooring Type: Wood
- Interior: Electric Dryer Connection, 9+ Ft Ceiling
- Exterior: Fireplace
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $315,000
- Price/SqFt: $79
- Annual Tax Amount: $2,306
- Tax Year: 2023
- Lot: Level
- Directions: US-90 W, Turn right onto Mudd Ave, Then turn left at the onto N Sterling St, Home on left.
- Stories: 1
- Living Area: 3,940 SqFt
- Lot Size: 0.58 Acres
- MLS Number: 24005683
- MLS Name: REALTOR® Association of Acadiana
- Office Name: Latter & Blum Compass
- Office Phone: (337) 233-9700
- Listing Agent: Brennan Billeaud
The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Copyright 2025 the REALTORS® Association of Acadiana. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/30/2025, 11:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$315,000
427 N Sterling St
$3,741
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 30, 2018 | Home Sold | $240,000 |
| Jul 23, 2012 | Home Sold | $192,000 |
| Apr 03, 2006 | Home Sold | $188,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $21,970 | $2,306 |
| 2022 | $21,970 | $1,650 |
| 2021 | $21,970 | $1,650 |
| 2020 | $21,970 | $1,648 |
| 2019 | $20,339 | $1,648 |
| 2018 | $20,339 | $1,423 |
| 2017 | $20,340 | $2,073 |
History based on county public records data.
Nearby schools
7
Dr. Raphael A. Baranco Elementary School
Public District KG-5
0.2 mi
•801 Mudd Ave
4
J.W. Faulk Elementary School
Public District PK-5
1.1 mi
•711 E Willow St
3
Alice N. Boucher Elementary School
Public District PK-5
1.2 mi
•400 Patterson St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,797. Most Lafayette, LA residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
48%
<35k
41%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
50%
Single, No Kids
22%
Single, with Kids
17%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
43%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Lafayette, LA
Lafayette's transportation infrastructure supports a variety of mobility options, with an emphasis on accommodating both private vehicle travel and public transit users. The city's roadways connect residents to major employment centers and recreational destinations, while public transportation services offer routes that facilitate access to key areas of the city. Walkability varies across neighborhoods, with certain districts offering more pedestrian-friendly environments. The city is continually working to improve transport efficiency and accessibility to ensure a high quality of life for its residents.
The community is served by a comprehensive array of services, including public and private educational institutions that cater to a range of academic and extracurricular interests. Healthcare facilities in Lafayette are equipped to provide a spectrum of services, from routine care to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining establishments reflect the local culture, offering everything from traditional Cajun cuisine to international fare, and the city is proactive in adapting its services to meet the evolving needs of its diverse population.
Lafayette prides itself on its vibrant culture, deeply rooted in Cajun and Creole traditions. The city's character is further enriched by its reputation as the 'Heart of Acadiana,' with numerous festivals, including the famous Festival International de Louisiane, celebrating the area's Francophone heritage. The community's spirit is characterized by a blend of historical charm and a dynamic social scene, appealing to both residents and visitors alike.
Lafayette's housing market showcases a blend of traditional Acadian-style homes, modern condominiums, and spacious single-family residences. The architectural landscape is a testament to the city's rich cultural heritage and contemporary growth. Single-family homes are the cornerstone of the housing sector, while apartments and townhouses offer alternatives for those seeking a more urban living experience. The homeownership rate in Lafayette is robust, reflecting the community's investment in long-term residency.
About 427 N Sterling St
This home is located at 427 N Sterling St in Lafayette, LA and zip code 70501. This 3,940 square foot home sits on a 0.58 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $315,000.
Between March and April 2025, Lafayette, LA real estate market has seen increase in the number of listings by 25%. In April 2025 median list price was $275,000 and the average listing age was 118 days.
From Rocket Homes Real Estate and based on county public records data.