Duplex with Covered
107 Sunny Lane, Lafayette, LA 70506
For Sale
$220,000
Multifamily, Lafayette, LA
Property Size1,750 SF
Lot Size0.29 Acres
Price / SF$125.71
Days on Market16
Property Features for 107 Sunny Lane
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Window features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
spacious yard
large covered patio
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Nah Senpeng · License LA #99562982
(337) 349-8869
Added: Oct 30
Changed: Nov 13
Last Checked: Nov 14 at 12:06AM
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 was built in 1970 and has four bedrooms and three bathrooms. The property includes fresh interior paint, a large covered patio, and a spacious yard. Brick and frame are listed among its construction materials, with tile flooring, central heating and air conditioning, and assigned parking also noted.
The parcel covers 0.29 acres and is described as outside the designated flood zone. Public water and sewer serve the property.
The parcel covers 0.29 acres and is described as outside the designated flood zone. Public water and sewer serve the property.
Key Highlights
- Duplex with 4 bedrooms and 3 bathrooms
- 1,750 square feet on a 0.29‑acre parcel
- 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
$215,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lafayette, LA
Properties on Market for Duplexes in Lafayette
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The four-bedroom, three-bath property features fresh interior paint and a spacious yard.
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: Duplex with 4 bedrooms and 3 bathrooms; 1,750 square feet on a 0.29‑acre parcel; Large covered patio and spacious yard
