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Duplex with Garage Apartment
For Sale
$119,900

201 Alex Street, Lafayette, LA 70506

Multifamily, Lafayette, LA

Property Size1,554 SF
Price / SF$77.16
Days on Market709

Property Features for 201 Alex Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2
Parking 5
Parking features Garage
Patio and Porch features Porch
Exterior features Lighting
Appliances Gas Range, Refrigerator, Gas Range, Refrigerator
Subdivision Center Town
Lot features Level
Elementary school Westside
Middle school Scott
High school Lafayette
Elementary school district Lafayette Parish
Middle school district Lafayette Parish
High school district Lafayette Parish
Directions From Johnston St, go north on College, cross Congress St, turn right on Banks (Post office on corner), turn right on Cameron St, go 1 block, turn right on Alex St, Home on left, no sign in yard
Standard status Active
APN 6052316
Size 1,554 SF

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description lot 11 and 10' of lot 10, Center Town Subdivision, Lafayette Parish, Louisiana
Legal Description lot 11 and 10' of lot 10, Center Town Subdivision, Lafayette Parish, Louisiana

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Wall Furnace, Electric (Heating)
Cooling system Window Unit(s), Ceiling Fan(s)
Water source Public

Building Details

Number of units 2
Flooring type Carpet, Wood, Vinyl
Building materials Frame, Wood Siding, Asbestos Siding
Roof type Composition
Listing Agency: Gateway Realty, Inc.
Listed By: Jay Smith · License #9189
Added: Nov 22, 2024 Changed: Oct 31 Last Checked: Nov 1 at 2:06AM
MLS# 24010751

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,554-square-foot duplex pairs a two-bedroom, one-bath home with an apartment above the rear garage. The house includes an eat-in kitchen with a gas range, refrigerator, and pantry. Interior finishes include wood bedroom floors, carpet in the living room, and vinyl in the kitchen and bathroom. Heating is provided by a wall furnace and window units provide cooling.

Located at 201 Alex Street in Lafayette, the property has public water and sewer service. The home and garage apartment are both leased.

Key Highlights

  • 1,554 SF duplex with a rear garage apartment
  • Both the home and apartment are leased
  • Main residence has 2 bedrooms and 1 bathroom

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The residence and rear apartment are both leased, with a garage serving the apartment.
Where is this duplex located?
The property is located at 201 Alex Street Lafayette, LA.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 1,554 SF duplex with a rear garage apartment; Both the home and apartment are leased; Main residence has 2 bedrooms and 1 bathroom
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