Two-Unit Duplex with Private
107 Shirley Street Belle Chasse, LA 70037
107 Shirley Street, Belle Chasse, LA, 70037
$450,000
For Sale
$450,000
Well-maintained duplex offers two 2-bedroom, 2.5-bath units with private garages, covered patios, and updated major systems.
Property Size4,014 SF
Price / SF$112.11
Days on Market251
Property Features for 107 Shirley Street
General Information
- Standard status
- Active
- Size
- 4,014 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 2005
Listing agency
Compass
(985) 474-2192
Listed by
Kelly Cagle · License #995701106
(985) 474-2192
Source
Compass
Added: Nov 13, 2025 Updated: Jul 21 at 8:41PM Checked: Jul 21 at 8:41PM
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 Compass
Investment Insights
Based on property information with market context.
This well-maintained duplex features two spacious units, each offering 2 bedrooms and 2.5 bathrooms. Both Unit A and Unit B include luxury vinyl plank (LVP) and tile flooring throughout, along with a fireplace. Each unit also benefits from a private garage and a covered back patio, supporting comfortable everyday living.
Major updates include new water heaters and updated HVAC systems in each unit. The property is currently tenant-occupied with long-term renters, providing immediate rental income. With durable finishes, additional bathrooms, and outdoor living space, the duplex is designed for privacy and long-term residential use.
For buyers or investors seeking a multi-family property with established occupancy, this duplex presents a straightforward two-unit configuration with modernized mechanicals across both units.
Major updates include new water heaters and updated HVAC systems in each unit. The property is currently tenant-occupied with long-term renters, providing immediate rental income. With durable finishes, additional bathrooms, and outdoor living space, the duplex is designed for privacy and long-term residential use.
For buyers or investors seeking a multi-family property with established occupancy, this duplex presents a straightforward two-unit configuration with modernized mechanicals across both units.
Key Highlights
- Well‑maintained 2‑unit duplex built in 2005 in Belle Chasse
- Each unit offers 2 bedrooms and 2.5 bathrooms for a total of 4 beds and 6 baths
- Unit A has 1,586 SF; Unit B has 1,705 SF for spacious, separate layouts
Local Financial Insights For Apartment 5plus
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 | $82.4k | $20.52 |
| − Vacancy | −$7.5k | −$1.87 |
| EGI | $74.9k | $18.65 |
| − OpEx | −$33.7k | −$8.39 |
| NOI | $41.2k | $10.26 |
4,014 SF · lease $20.52/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$629.3K
$550.6K – $734.2K
NOI $44,050 @ 7.0% cap · market cap 9.79%
Second Best
Apartment 5plus
$588.3K
$514.8K – $686.3K
NOI $41,180 @ 7.0% cap · market cap 9.15%
Theoretical Best
Office A
$1.06M
$926.6K – $1.24M
NOI $74,131 @ 7.0% cap · market cap 16.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Well-maintained duplex offers two 2-bedroom, 2.5-bath units with private garages, covered patios, and updated major systems.
Where is this duplex located?
The property is located at 107 Shirley Street Belle Chasse, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Well‑maintained 2‑unit duplex built in 2005 in Belle Chasse; Each unit offers 2 bedrooms and 2.5 bathrooms for a total of 4 beds and 6 baths; Unit A has 1,586 SF; Unit B has 1,705 SF for spacious, separate layouts
