Well kept 4-Plex investment property with $2,450 monthly revenue and $29,400 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. 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.
For sale
$155,000
611 Colorado Rd, Lafayette, LA 70529
8beds
3,600sqft
Est.:
Quadruplex
Built in ----
-- sqft lot
$148,300 Zestimate®
$43/sqft
$100/mo HOA
What's special
Upgrades to the exteriorNewer roof
- 48 days |
- 484 |
- 49 |
Zillow last checked: 8 hours ago
Listing updated: December 22, 2025 at 06:52am
Listed by:
Jamie Knight,
Real Broker, LLC 337-534-0555
Source: RAA,MLS#: 2500005624
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Refrigerator, Electric Cooktop
- Laundry: Electric Dryer Hookup, Washer Hookup, Unit 1 Washer/Dryer Hookup, Unit 2 Washer/Dryer Hookup, Unit 3 Washer/Dryer Hookup, Unit 4 Washer/Dryer Hookup
Features
- Flooring: Carpet, Vinyl Plank, Vinyl, Tile
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Parking Lot
Features
- Stories: 2
- Patio & porch: Patio, Unit 1 Porch/Patio/Deck, Unit 2 Porch/Patio/Deck, Unit 3 Porch/Patio/Deck, Unit 4 Porch/Patio/Deck
- Exterior features: Balcony, Lighting
- Fencing: Privacy,Wood
Lot
- Size: 6,298.78 Square Feet
- Dimensions: 63' x 100'
- Features: Level
Details
- Parcel number: 6049440
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Brick Veneer, Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Resale
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected
Community & HOA
Community
- Subdivision: Pontalba Place
HOA
- Has HOA: Yes
- HOA fee: $100 monthly
Location
- Region: Lafayette
Financial & listing details
- Price per square foot: $43/sqft
- Tax assessed value: $112,100
- Annual tax amount: $990
- Date on market: 11/18/2025
- Total actual rent: 2450
- Tenant pays: Broadband/Internet Access, Cable/Sat TV, Electricity
Estimated market value
$148,300
$141,000 - $156,000
$801/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Listed for sale | $155,000$43/sqft |
Source:  RAA #2500005624 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $990 +41.1% | $11,210 +40.7% |
| 2023 | $702 0% | $7,970 |
| 2022 | $702 -0.4% | $7,970 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$830/mo
Principal & interest
$601
HOA Fees
$100
Other costs
$129
Climate risks
Neighborhood: 70529
Nearby schools
GreatSchools rating
- 7/10Charles M. Burke Elementary SchoolGrades: PK-5Distance: 3.8 mi
- 7/10Judice Middle SchoolGrades: 6-8Distance: 2.4 mi
- 6/10Acadiana High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Prairie
- Middle: Scott
- High: Acadiana
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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