Port Barre Multifamily
105 Seneca Street Port Barre, LA 70577
105 Seneca Street, Port Barre, LA, 70577
$122,000
For Sale
$122,000
MULTI_FAMILY - Port Barre, LA
Property Size1,501 SF
Price / SF$81.28
Days on Market310
Property Features for 105 Seneca Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
- Parking
- 4
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 0400685000
- Size
- 1,501 SF
Taxes and HOA fees
- Tax Description
- 1 LOT (87.8X142) PART BLK 20 J W BROUILLETTE ADD N CODORI S SENECA ST E BLK 20 W FIRST ST FRONTING 142' ON SENECA ST 1160414
Utilities
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Number of units
- 2
- Flooring type
- Laminate
- Building materials
- Vinyl Siding
- Roof type
- Metal
Listing Agency
Real Broker, LLC
(337) 418-9700
516 Creswell Lane, Opelousas, LA
Listed by
Chris Lejeune · License #0995691823
(337) 224-7749
Added: Sep 15, 2025 Updated: May 14 at 11:40 am Checked: Jul 21 at 6:06 am
MLS# 2500003460
Listing URL
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This property in Port Barre, Louisiana, presents an investment opportunity with two homes available for the price of one. Both homes were remodeled in 2024 and are currently tenant-occupied, offering immediate rental income. The property provides a turnkey solution for investors seeking income potential. The property size is 1501 square feet.
Key Highlights
- Two homes for the price of one.
- Remodeled in 2024.
- Currently tenant‑occupied with immediate rental income.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.0k | $8.64 |
| − Vacancy | −$648 | −$0.43 |
| EGI | $12.3k | $8.21 |
| − OpEx | −$3.7k | −$2.46 |
| NOI | $8.6k | $5.75 |
1,501 SF · lease $8.64/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$123.2K
$107.8K – $143.7K
NOI $8,624 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$113.7K
$99.5K – $132.6K
NOI $7,957 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$226.4K
$198.1K – $264.2K
NOI $15,851 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Remodeled duplex in Port Barre, tenant-occupied, generating immediate rental income.
Where is this duplex located?
The property is located at 105 Seneca Street Port Barre, LA.
What is the asking price?
The asking price for this property is $122,000.
What are key features of this property?
This property features: Two homes for the price of one.; Remodeled in 2024.; Currently tenant‑occupied with immediate rental income.
