Duplex Income
For Sale
$160,000
204 W End Avenue, Lafayette, LA 70501
MULTI_FAMILY - Lafayette, LA
Property Size1,456 SF
Lot Size0.15 Acres
Price / SF$109.89
Days on Market60
Property Features for 204 W End Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3
Parking
4
Patio and Porch features
Patio
Exterior features
Balcony, Balcony, Patio
Subdivision
Vonder Bauman Addition
Lot features
Level
Elementary school
Lafayette
Middle school
Lafayette
High school
Lafayette
Elementary school district
Lafayette Parish
Middle school district
Lafayette Parish
High school district
Lafayette Parish
Directions
University north to right on Cameron, right on Delord and then right on West End Ave. Property is on the right
Standard status
Active
APN
6022092
Size
1,456 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Description
LOT 11 BLK 3 VORDENBAUMEN EXT (50X120)
Legal Description
LOT 11 BLK 3 VORDENBAUMEN EXT (50X120)
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Number of units
2
Building materials
Block
Roof type
Composition
Listing Agency:
Cachet Real Estate, LLC
(337) 534-0672
Listed By:
Jarrot Baker · License #0995692417
(337) 465-1016
Added: Jul 1
Changed: Jul 25
Last Checked: Aug 29 at 2:06AM
MLS# 2600006022
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex includes two separate residential units, and each unit is configured with 2 bedrooms and 1 bathroom. The property is currently set up for income use, with both units reported as fully occupied.
The building is located at 204 W End Avenue in Lafayette, Louisiana (70501), within Lafayette Parish. The lot size is listed at 0.15 acres, and the property size is provided as 1,456 square feet.
For buyers seeking a small multi-family setup, this structure offers a straightforward duplex format with the same unit mix on both sides. Because both units are currently occupied, the property may be a fit for an owner looking to acquire an income-producing asset and continue operating it as a duplex. Please note that the listing requests that tenants not be disturbed.
The building is located at 204 W End Avenue in Lafayette, Louisiana (70501), within Lafayette Parish. The lot size is listed at 0.15 acres, and the property size is provided as 1,456 square feet.
For buyers seeking a small multi-family setup, this structure offers a straightforward duplex format with the same unit mix on both sides. Because both units are currently occupied, the property may be a fit for an owner looking to acquire an income-producing asset and continue operating it as a duplex. Please note that the listing requests that tenants not be disturbed.
Key Highlights
- Duplex with both units occupied
- Each unit offers 2 bedrooms and 1 bathroom
- Central air conditioning and central electric heating
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
$13,618
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
8.51%
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%
$272,360
$272.4K
Cap Rate 7%
$194,543
$194.5K
Cap Rate 9%
$151,311
$151.3K
Market Conditions
NOI Build-Up for 1,456 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
$26.0K $17.88/SF
− Vacancy
−$6.6K −$4.52/SF
EGI
$19.5K $13.36/SF
− OpEx
−$5.8K −$4.01/SF
NOI
$13.6K $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 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%
$272,360
Cap Rate 7%
$194,543
Cap Rate 9%
$151,311
Alternative Uses
Best Use
Multifamily LT 5
$194.5K
$170.2K – $227.0K
NOI $13,618 @ 7.0% cap · market cap 8.51%
Second Best
Apartment 5plus
$176.3K
$154.3K – $205.7K
NOI $12,344 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$344.2K
$301.2K – $401.6K
NOI $24,097 @ 7.0% cap · market cap 15.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,380
Businesses Nearby
Explore this area
Business Placement
Demographics for 70501, LA
28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
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 - Duplex offering two 2-bedroom, 1-bath units with both sides currently fully occupied.
Where is this duplex located?
The property is located at 204 W End Avenue Lafayette, LA.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Duplex with both units occupied; Each unit offers 2 bedrooms and 1 bathroom; Central air conditioning and central electric heating
