Two-Unit Duplex
New
For Sale
$184,500
1018 Link Road, Lake Charles, LA 70607
Well maintained duplex with two rented 2-bedroom units, central heating and cooling, and stained concrete flooring.
Property Size1,800 SF
Price / SF$102.50
Days on Market7
Property Features for 1018 Link Road
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
2003
Listing Agency:
CENTURY 21 Bessette Flavin
(337) 540-1916
Listed By:
Larry Turner · License #LTURNER
Source:
Castlere
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 30 at 3:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Bessette Flavin
Investment Insights
Based on property information with market context.
Well maintained duplex near McNeese University offering two separate, rented units. Each unit features two bedrooms and one bathroom, with a living room and dining area and an efficient kitchen that includes a refrigerator, stove, oven, and dishwasher. Washer/dryer connections are included, and stained concrete flooring runs throughout both units. The property provides two access doors and a spacious backyard. Both units have central cooling and heating.
For sale as an income-producing duplex, with Unit #A currently rented and Unit #B currently rented. Please allow 48 hours for showings.
Each unit is configured with 2 bedrooms and 1 bathroom, making the layout well-suited for tenants seeking straightforward, efficient indoor space.
For sale as an income-producing duplex, with Unit #A currently rented and Unit #B currently rented. Please allow 48 hours for showings.
Each unit is configured with 2 bedrooms and 1 bathroom, making the layout well-suited for tenants seeking straightforward, efficient indoor space.
Key Highlights
- Duplex built in 2003 with two 2‑bedroom units
- Both units are currently rented: Unit #A at $825/month and Unit #B at $800/month
- Central heating and central cooling in both units
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 | $18.4k | $10.20 |
| − Vacancy | −$1.4k | −$0.77 |
| EGI | $17.0k | $9.44 |
| − OpEx | −$5.1k | −$2.83 |
| NOI | $11.9k | $6.60 |
1,800 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$169.8K
$148.6K – $198.1K
NOI $11,888 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$150.3K
$131.5K – $175.3K
NOI $10,519 @ 7.0% cap · market cap 5.70%
Theoretical Best
Specialty Retail
$388.0K
$339.5K – $452.7K
NOI $27,159 @ 7.0% cap · market cap 14.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 70607, LA
30,339
Population
13,692
Households
2.2
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
115.3 sq mi
ZIP Area
263
Density / Sq Mi
$58,427
Median Household Income
$35,815
Median Earnings
$1,053
Median Rent
$171,700
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 - Well maintained duplex with two rented 2-bedroom units, central heating and cooling, and stained concrete flooring.
Where is this duplex located?
The property is located at 1018 Link Road Lake Charles, LA.
What is the asking price?
The asking price for this property is $184,500.
What are key features of this property?
This property features: Duplex built in 2003 with two 2‑bedroom units; Both units are currently rented: Unit #A at $825/month and Unit #B at $800/month; Central heating and central cooling in both units
