Turn-Key Duplex with Separate
For Sale
$445,000
Pending
510 General Mouton Ave, Lafayette, LA 70501
MULTI_FAMILY - Lafayette, LA
Property Size2,160 SF
Days on Market206
Property Features for 510 General Mouton Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 3
Parking
4
Interior features
High Ceilings, 9+ Ft Ceiling
Appliances
Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer, Built-In Electric Oven, Electric Cooktop
Subdivision
Barry Billeaud
Elementary school
Woodvale
Middle school
L J Alleman
High school
Lafayette
Elementary school district
Lafayette Parish
Middle school district
Lafayette Parish
High school district
Lafayette Parish
Directions
From Hwy 90 turn onto Johnston St., turn left onto General Mouton Ave., property is on the right.
Standard status
Pending
APN
6057029
Size
2,160 SF
Taxes and HOA fees
Tax Description
LOT 7 BLK 11 BARRY-BILLEAUD ADD P LOT 8 BLK 11 BARRY-BILLEAUD ADD
Legal Description
LOT 7 BLK 11 BARRY-BILLEAUD ADD P LOT 8 BLK 11 BARRY-BILLEAUD ADD
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Concrete
Building materials
HardiPlank Type
Listing Agency:
Keaty Real Estate Team
(337) 235-7770
Listed By:
Matthew Delcambre · License #995712933
(337) 315-1460
Added: Jan 7
Changed: Jul 25
Last Checked: Aug 1 at 12:06PM
MLS# 2500006766
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 turn-key duplex is offered completely furnished and ready to operate. Each side includes all appliances, televisions, and furniture, with separate fenced backyards and separate utility meters. The layout features an open floor plan downstairs, and two full master bedrooms upstairs, each with walk-in closets. The two units are described as similar and mirrored.
The property was marketed as an established short-term rental, generating over $60,000 in 2025 with 200+ reviews and a 4.92 rating, and it is described as SUPERHOST certified. The listing also states it is on pace for well over $70,000 in 2026.
Located at 510 General Mouton Ave in Lafayette, this duplex provides an easy starting point for an investor seeking a furnished, self-contained setup on both sides.
The property was marketed as an established short-term rental, generating over $60,000 in 2025 with 200+ reviews and a 4.92 rating, and it is described as SUPERHOST certified. The listing also states it is on pace for well over $70,000 in 2026.
Located at 510 General Mouton Ave in Lafayette, this duplex provides an easy starting point for an investor seeking a furnished, self-contained setup on both sides.
Key Highlights
- Airbnb generated over $60,000 in 2025 with 200+ reviews and a 4.92 rating (Superhost certified)
- On pace for well over $70,000 in 2026
- Fully furnished and offered ready to operate with TVs, furniture, and appliances included
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 | $38.6k | $17.88 |
| − Vacancy | −$9.8k | −$4.52 |
| EGI | $28.9k | $13.36 |
| − OpEx | −$8.7k | −$4.01 |
| NOI | $20.2k | $9.35 |
2,160 SF · lease $17.88/SF/yr · vacancy 25.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$288.6K
$252.5K – $336.7K
NOI $20,203 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$261.6K
$228.9K – $305.2K
NOI $18,312 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$510.7K
$446.9K – $595.8K
NOI $35,749 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,675
Businesses Nearby
Explore this area
Business Placement
Demographics for 70501, LA
28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Turn-key duplex offered furnished with separate fenced backyards and utility meters, plus a finished upstairs layout with walk-in closets.
Where is this duplex located?
The property is located at 510 General Mouton Ave Lafayette, LA.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Airbnb generated over $60,000 in 2025 with 200+ reviews and a 4.92 rating (Superhost certified); On pace for well over $70,000 in 2026; Fully furnished and offered ready to operate with TVs, furniture, and appliances included
