Two-Unit Duplex with
For Sale
$209,500
Pending
1014 Link Road, Lake Charles, LA 70607
Traditional two-story duplex offers two rented 2-bedroom units with central heating and cooling and a spacious backyard.
Property Size2,000 SF
Days on Market20
Property Features for 1014 Link Road
General Information
Standard status
Pending
Size
2,000 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
2
Amenities
backyard
central cooling
central heating
Building Details
Year Built
2001
Stories
2
Tenancy
Multi
Listing Agency:
CENTURY 21 Bessette Flavin
(337) 540-1916
Listed By:
Larry Turner · License #LTURNER
Source:
Castlere
Added: Jul 24
Changed: Aug 8
Last Checked: Aug 11 at 5:02AM
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.
This traditional two-story duplex features one unit up and one unit down, with spacious layouts and approximately 1,000 square feet per unit. Each unit is configured with 2 bedrooms and 1 full bath, with a kitchen that includes a range/oven, refrigerator, and dishwasher. One unit includes a washer and dryer, while the other has washer/dryer hookups.
Both units are currently rented. Unit #A is leased for $1,000.00 and Unit #b is leased for $950.00. The property also includes a spacious backyard and central heating and cooling for both units.
Please allow 48 hours for showings.
Both units are currently rented. Unit #A is leased for $1,000.00 and Unit #b is leased for $950.00. The property also includes a spacious backyard and central heating and cooling for both units.
Please allow 48 hours for showings.
Key Highlights
- Traditional two‑story duplex built in 2001 with one unit up and one unit down
- Two rented 2‑bedroom, 1‑bath units with about 1,000 SF per unit
- Current rents: Unit #A at $1,000 and Unit #B at $950 (both currently rented)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,209
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$264,180
$264.2K
Cap Rate 7%
$188,700
$188.7K
Cap Rate 9%
$146,767
$146.8K
Market Conditions
NOI Build-Up for 2,000 SF
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.
Gross rent
$20.4K $10.20/SF
− Vacancy
−$1.5K −$0.77/SF
EGI
$18.9K $9.44/SF
− OpEx
−$5.7K −$2.83/SF
NOI
$13.2K $6.60/SF
Area
Calcasieu County, LA
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$264,180
Cap Rate 7%
$188,700
Cap Rate 9%
$146,767
Alternative Uses
Best Use
Multifamily LT 5
$188.7K
$165.1K – $220.2K
NOI $13,209 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$167.0K
$146.1K – $194.8K
NOI $11,687 @ 7.0% cap · market cap 5.58%
Theoretical Best
Specialty Retail
$431.1K
$377.2K – $503.0K
NOI $30,177 @ 7.0% cap · market cap 14.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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 - Traditional two-story duplex offers two rented 2-bedroom units with central heating and cooling and a spacious backyard.
Where is this duplex located?
The property is located at 1014 Link Road Lake Charles, LA.
What is the asking price?
The asking price for this property is $209,500.
What are key features of this property?
This property features: Traditional two‑story duplex built in 2001 with one unit up and one unit down; Two rented 2‑bedroom, 1‑bath units with about 1,000 SF per unit; Current rents: Unit #A at $1,000 and Unit #B at $950 (both currently rented)
