Duplex with Covered
New
For Sale
$220,000
107 Sunny Lane, Lafayette, LA 70506
Multifamily, Lafayette, LA
Property Size1,750 SF
Lot Size0.29 Acres
Price / SF$125.71
Days on Market6
Property Features for 107 Sunny Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 3
Parking features
Assigned
Window features
Double Pane Windows
Appliances
Electric Range, Refrigerator, Gas Stove Connection, Electric Range, Refrigerator, Gas Stove Connection
Subdivision
Sunset Terrace
Lot features
Level
Elementary school
S.J. Montgomery
Middle school
Lafayette
High school
Lafayette
Elementary school district
Lafayette Parish
Middle school district
Lafayette Parish
High school district
Lafayette Parish
Directions
Off of Congress between Congress and Johnston St. Between Vital and Foreman.
Standard status
Active
APN
6036576
Size
1,750 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Description
LOT 57 SUNSET TERRACE SUB (100X124.88)
Legal Description
LOT 57 SUNSET TERRACE SUB (100X124.88)
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Amenities
spacious yard
large covered patio
Building Details
Year built
1970
Number of units
2
Flooring type
Tile
Building materials
Brick, Frame
Roof type
Composition
Architectural style
Ranch
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Nah Senpeng · License #99562982
(337) 349-8869
Added: Oct 30
Changed: Nov 3
Last Checked: Nov 4 at 2:06AM
MLS# 200JWB
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,750-square-foot duplex contains 4 bedrooms and 3 bathrooms. Built in 1970, the residence has brick and frame construction, tile flooring, central heating and air conditioning, and a composition roof. Recent interior painting, a large covered patio, and a 0.29-acre yard add to its physical features.
The property is outside the designated flood zone. Public water and sewer serve the site, and parking is assigned.
The property is outside the designated flood zone. Public water and sewer serve the site, and parking is assigned.
Key Highlights
- 4 bedrooms and 3 bathrooms across a duplex configuration
- 1,750 square feet on a 0.29‑acre lot
- Large covered patio and spacious yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,368
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,360
$327.4K
Cap Rate 7%
$233,829
$233.8K
Cap Rate 9%
$181,867
$181.9K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$31.3K $17.88/SF
− Vacancy
−$7.9K −$4.52/SF
EGI
$23.4K $13.36/SF
− OpEx
−$7.0K −$4.01/SF
NOI
$16.4K $9.35/SF
Area
Lafayette, LA
Vacancy
25.27%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,360
Cap Rate 7%
$233,829
Cap Rate 9%
$181,867
Alternative Uses
Best Use
Multifamily LT 5
$233.8K
$204.6K – $272.8K
NOI $16,368 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$211.9K
$185.5K – $247.3K
NOI $14,836 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$413.8K
$362.0K – $482.7K
NOI $28,963 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
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Business Placement
Demographics for 70506, LA
39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The two-unit residence includes a spacious yard and recently painted interiors.
Where is this duplex located?
The property is located at 107 Sunny Lane Lafayette, LA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 4 bedrooms and 3 bathrooms across a duplex configuration; 1,750 square feet on a 0.29‑acre lot; Large covered patio and spacious yard
