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Corner Lot Duplex Investment Property

600 N 4th Street Eunice, LA 70535

600 N 4th Street, Eunice, LA, 70535
$140,000
For Sale
$140,000

MULTI_FAMILY - Eunice, LA

Property Size1,654 SF
Lot Size0.16 Acres
Price / SF$84.64
Days on Market195

Property Features for 600 N 4th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1
Parking
4
Parking features
Parking Lot
Appliances
Electric Range
Standard status
Active
APN
0600054100 02
Size
1,654 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Description
The W/2 of Lots 1 & 2 (44x71 each) Blk 7 Bacci Add

Utilities

Water source
Public

Building Details

Floors in Building
1
Number of units
2
Building materials
Aluminum Siding
Roof type
Metal
Listing Agency DCG/Aguillard Realty
101 N 7th Street, Eunice, LA
Listed by Raymond A Aguillard · License #59516
Added: Jan 7 Updated: Jun 5 at 5:36 am Checked: Jul 21 at 4:06 am
MLS# 2500006869 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 duplex in Eunice offers two separate, approximately 800 square foot units, each with 2 bedrooms and 1 full bathroom. Both units are equipped with mini-split systems for heating and cooling, providing individual climate control. The property sits on a corner lot and includes on-site parking for tenant convenience.

The building is located within Eunice city limits at 600 N 4th Street (St. Landry Parish). Its corner-lot layout supports straightforward access for residents and vehicles, and the setting places it near local amenities, schools, and shopping.

For buyers seeking a residential income property, this configuration provides a practical two-unit setup with comparable floorplans and independently controlled mechanical systems. Its duplex structure can appeal to owners who want an income-producing property with two rental units under one roof, while still keeping each unit’s living space and bathroom arrangement separate.

Key Highlights

  • Duplex in Eunice city limits with two approximately 800 SF units, each with 2 bedrooms and 1 full bathroom
  • Each unit includes a mini‑split system for heating and cooling
  • Corner lot duplex with a parking lot for tenant parking

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 $14.3k $8.64
− Vacancy −$715 −$0.43
EGI $13.6k $8.21
− OpEx −$4.1k −$2.46
NOI $9.5k $5.75
1,654 SF · lease $8.64/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$135.8K
$118.8K – $158.4K (±1% cap)
NOI $9,503 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$125.3K
$109.6K – $146.2K (±1% cap)
NOI $8,769 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$249.5K
$218.3K – $291.1K (±1% cap)
NOI $17,466 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency HVAC Service Electrical Service Cafe & Coffee Shop Carpet & Flooring Store (Bike/Boat/Book/etc) Store Skin Care Clinic Catering Service Butcher (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two 2-bedroom units on a corner lot with mini-split heating and cooling and on-site parking.
Where is this duplex located?
The property is located at 600 N 4th Street Eunice, LA.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Duplex in Eunice city limits with two approximately 800 SF units, each with 2 bedrooms and 1 full bathroom; Each unit includes a mini‑split system for heating and cooling; Corner lot duplex with a parking lot for tenant parking
Contact an agent
More about this property
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