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Duplex with Vacant Unit
For Sale
$95,000

518 & 520 E Martin Luther King Dr, Grand Coteau, LA 70541

MULTI_FAMILY - Grand Coteau, LA

Property Size2,500 SF
Price / SF$38
Days on Market67

Property Features for 518 & 520 E Martin Luther King Dr

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Parking Lot
Lot features Level
Elementary school Grand Coteau
Middle school Sunset
High school Beau Chene
Elementary school district St Landry Parish
Middle school district St Landry Parish
High school district St Landry Parish
Directions I49 north, take exit at LA 182, right on Bellemin Street, house at corner once you hit MLK.
Subdivision L1
Standard status Active
APN 0200530005
Size 2,500 SF

Taxes and HOA fees

Tax Description 1 LOT (56.9X106.6X99.9X94.2)N MAIN ST OR HY 93 S JANISE E LA HY 760-2 W WILLIAMS 1114887 1200700
Legal Description 1 LOT (56.9X106.6X99.9X94.2)N MAIN ST OR HY 93 S JANISE E LA HY 760-2 W WILLIAMS 1114887 1200700

Utilities

Heating system Wall Furnace
Cooling system Window Unit(s)

Building Details

Number of units 2
Flooring type Laminate
Building materials Brick
Roof type Metal
Listing Agency: Real Broker, LLC
Listed By: Alicia Rhodes · License #995706156
Added: Jun 18 Changed: Jul 25 Last Checked: Aug 23 at 7:06PM
MLS# 2600005525

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 duplex consists of two units, with one tenant-occupied and the other currently vacant. The property totals 2,500 square feet and is being offered for sale.

The duplex is located at 518 & 520 E Martin Luther King Dr in Grand Coteau, Louisiana (St. Landry Parish), 70541. Buyers should be prepared to provide proof of funds or a pre-approval letter with an offer.

Key Highlights

  • Two‑unit property: one unit tenant occupied and the other is vacant
  • Brick construction with a metal roof
  • Laminate flooring throughout

Property Analytics

Current Use

Duplexes

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

Demographics for 70541, LA

733
Population
509
Households
1.4
Avg Household Size
50
Median Age
12%
College-Educated
59%
High-School Grad
2.1 sq mi
ZIP Area
349
Density / Sq Mi
$53,625
Median Household Income
$22,052
Median Earnings
$679
Median Rent
$86,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Duplex in Grand Coteau with one tenant-occupied unit and one vacant unit, offered for sale.
Where is this duplex located?
The property is located at 518 & 520 E Martin Luther King Dr Grand Coteau, LA.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Two‑unit property: one unit tenant occupied and the other is vacant; Brick construction with a metal roof; Laminate flooring throughout
More about this property
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