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Duplex with Rear Garage Apartment
For Sale
$119,900

201 Alex Street, Lafayette, LA 70506

Residential Income, Lafayette, LA

Property Size1,554 SF
Price / SF$77.16
Days on Market686

Property Features for 201 Alex Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2
Parking 5
Parking features Garage
Window features Window Treatments
Patio and Porch features Porch
Interior features Window Treatments, Electric Dryer Connection, Electric Washer Connection
Exterior features Lighting, Outside Light, Porch
Appliances Refrigerator, Gas Range, Refrigerator, Gas Range
Subdivision Center Town
Lot features Level
Elementary school Westside
Middle school Scott
High school Lafayette
Elementary school district Lafayette Parish
Middle school district Lafayette Parish
High school district Lafayette Parish
Directions From Johnston St, go north on College, cross Congress St, turn right on Banks (Post office on corner), turn right on Cameron St, go 1 block, turn right on Alex St, Home on left, no sign in yard
Standard status Active
APN 6052316
Size 1,554 SF

Taxes and HOA fees

Tax Description lot 11 and 10' of lot 10, Center Town Subdivision, Lafayette Parish, Louisiana
Legal Description lot 11 and 10' of lot 10, Center Town Subdivision, Lafayette Parish, Louisiana

Utilities

Sewer type Public Sewer
Heating system Wall Furnace, Natural Gas, Electric (Heating)
Cooling system Ceiling Fan(s), Window Unit(s)
Water source Public

Building Details

Number of units 2
Flooring type Wood, Vinyl, Carpet
Building materials Asbestos, Wood Siding
Roof type Composition
Listing Agency: Gateway Realty, Inc.
Listed By: Jay Smith · License #9189
Added: Nov 22, 2024 Changed: Oct 8 Last Checked: Oct 9 at 6:06PM
MLS# 24010751

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 1,554-square-foot duplex property includes a two-bedroom, one-bath house and a rear garage apartment. The house has an eat-in kitchen with a range and refrigerator, a small pantry, wood bedroom floors, and carpet in the living room. Three window units provide heating and cooling, supplemented by a large wall heater. A porch and garage are also part of the property.

The address is on Alex Street in Lafayette, near Ambassador Caffery, Congress Street, and the Cajun Field complex. Both the house and garage apartment are leased. Public water and public sewer serve the property.

Key Highlights

  • 1,554 square feet
  • Two‑bedroom, one‑bath house with a rear garage apartment
  • Both the house and garage apartment are leased

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Catering Service Bakery Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby

Demographics for 70506, LA

39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The house and separate garage apartment are both leased, with public water and sewer service.
Where is this duplex located?
The property is located at 201 Alex Street Lafayette, LA.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 1,554 square feet; Two‑bedroom, one‑bath house with a rear garage apartment; Both the house and garage apartment are leased
More about this property
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