Remodeled Two-Home
For Sale
$122,000
105 Seneca St, Port Barre, LA 70577
Two tenant-occupied homes were remodeled in 2024, providing an established residential income property in Port Barre.
Property Size1,501 SF
Price / SF$81.28
Days on Market397
Property Features for 105 Seneca St
General Information
Standard status
Active
Size
1,501 SF
Property subtype
Residential Income
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Buildings
2
Listing Agency:
Real Broker, LLC
(337) 418-9700
Listed By:
Chris Lejeune · License #0995691823
(337) 224-7749
Source:
Exprealty
Added: Sep 15, 2025
Changed: Oct 10
Last Checked: Oct 15 at 1:27AM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
This duplex includes two separate homes with a combined property size of 1,501 square feet. Both residences were remodeled in 2024 and are currently occupied by tenants, providing an existing rental arrangement for the new owner.
The property is located at 105 Seneca St in Port Barre, Louisiana. Its two-home configuration and updated condition offer a straightforward residential income asset with occupancy already in place.
The property is located at 105 Seneca St in Port Barre, Louisiana. Its two-home configuration and updated condition offer a straightforward residential income asset with occupancy already in place.
Key Highlights
- Two homes included in one duplex property
- Both residences remodeled in 2024
- Each home is currently tenant‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,624
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$172,480
$172.5K
Cap Rate 7%
$123,200
$123.2K
Cap Rate 9%
$95,822
$95.8K
Market Conditions
NOI Build-Up for 1,501 SF
Gross rent
$13.0K $8.64/SF
− Vacancy
−$648 −$0.43/SF
EGI
$12.3K $8.21/SF
− OpEx
−$3.7K −$2.46/SF
NOI
$8.6K $5.75/SF
Area
St. Landry County, LA
Vacancy
5.00%
Lease Rate
$8.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$172,480
Cap Rate 7%
$123,200
Cap Rate 9%
$95,822
Alternative Uses
Best Use
Multifamily LT 5
$123.2K
$107.8K – $143.7K
NOI $8,624 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$113.7K
$99.5K – $132.6K
NOI $7,957 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$226.4K
$198.1K – $264.2K
NOI $15,851 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Explore this area
Business Placement
Demographics for 70577, LA
4,424
Population
2,042
Households
2.2
Avg Household Size
40
Median Age
8%
College-Educated
88%
High-School Grad
76.1 sq mi
ZIP Area
58
Density / Sq Mi
$46,250
Median Household Income
$31,693
Median Earnings
$693
Median Rent
$98,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two tenant-occupied homes were remodeled in 2024, providing an established residential income property in Port Barre.
Where is this duplex located?
The property is located at 105 Seneca St Port Barre, LA.
What is the asking price?
The asking price for this property is $122,000.
What are key features of this property?
This property features: Two homes included in one duplex property; Both residences remodeled in 2024; Each home is currently tenant‑occupied
