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  • Price Unknown

    515 Cedar Crest Ct, Lafayette, LA 70501

    5beds
    2,224sqft
    Condominium
    Built in ----
    -- sqft lot
    $269,800 Zestimate®
    $--/sqft
    $1,752 Estimated rent

    Home value

    $269,800

    $251,000 - $291,000

    $1,752/mo

    Zestimate® history
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    What's special

    Vintage charmModern updatesAmple off-street parkingPrivate entrancesGas hvacSpacious backyardNatural wood floors
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Albrecht,

    Keaty Real Estate Team

    Source: RAA,MLS#: 25001055MLS Logo

    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, 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
    • 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: Condominium
    Materials
    • Frame, Wood Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Composition

    Utilities & green energy

    • Sewer: Public Sewer
    • 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

    Price history

    DateEventPrice
    5/27/2025Sold--
    Source: RAA #25001055 Report a problem
    3/16/2025Pending sale$275,000$124/sqft
    Source: RAA #25001055 Report a problem
    3/6/2025Listed for sale$275,000$124/sqft
    Source: RAA #25001055 Report a problem
    10/29/2024Listing removed$1,100
    Source: Zillow Rentals Report a problem
    10/26/2024Listed for rent$1,100+10%
    Source: Zillow Rentals Report a problem
    7/2/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/23/2024Price change$1,000-9.1%
    Source: Zillow Rentals Report a problem
    5/7/2024Listed for rent$1,100
    Source: Zillow Rentals Report a problem
    3/26/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/5/2024Price change$1,100-8.3%
    Source: Zillow Rentals Report a problem
    2/12/2024Listed for rent$1,200-25%$1/sqft
    Source: Zillow Rentals Report a problem
    7/16/2023Listing removed--
    Source: Zillow Rentals Report a problem
    7/14/2023Price change$1,600+60%$1/sqft
    Source: Zillow Rentals Report a problem
    6/27/2023Listed for rent$1,000+17.6%
    Source: Zillow Rentals Report a problem
    6/29/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/25/2021Listed for rent$850
    Source: Zillow Rental Manager Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,030 +9.3%$19,294 +8.7%
    2023$1,857 0%$17,757
    2022$1,858 -0.3%$17,757
    2021$1,864 +0.3%$17,757
    2020$1,858 +4.3%$17,757
    2019$1,782 -1.7%$17,757
    2018$1,812 +53.7%$17,757
    2017$1,179 $17,757 +8.5%
    2015$1,179 -29.2%$16,360
    2013$1,665 +122.5%$16,360
    2011$749 +0.2%$16,360
    2010$747 -28.1%$16,360
    2008$1,040 +364.1%$16,360 +95.2%
    2006$224 +0.3%$8,380
    2005$223 +161%$8,380 +25.4%
    2002$86 +12.6%$6,680
    2001$76 +15.6%$6,680 +30.2%
    2000$66 $5,130

    Find assessor info on the county website

    Neighborhood: 70501

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Montgomery
    • Middle: Lafayette
    • High: Lafayette

    Source: RAA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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