Two-Unit
For Sale
$160,000
204 W End Avenue A-b, Lafayette, LA 70501
Both residences are occupied within this compact residential income property.
Property Size1,456 SF
Price / SF$109.89
Days on Market55
Property Features for 204 W End Avenue A-b
General Information
Standard status
Active
Size
1,456 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Listing Agency:
Cachet Real Estate, LLC
Listed By:
Jarrot Baker · License #0995692417
(225) 718-6515
Source:
Athomerealtyla
Added: Sep 7
Changed: Oct 26
Last Checked: Oct 7 at 4:50PM
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 Cachet Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 1,456-square-foot duplex contains two residential units. Each unit includes two bedrooms and one bathroom, while both units are currently occupied. The property is located at 204 W End Avenue A-B in Lafayette, Louisiana, offering a straightforward two-unit residential configuration.
Key Highlights
- 1,456‑square‑foot duplex
- Two residential units, each with 2 beds and 1 bath
- Both units are fully occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,618
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
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
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 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.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,380
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied within this compact residential income property.
Where is this duplex located?
The property is located at 204 W End Avenue A-b 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: 1,456‑square‑foot duplex; Two residential units, each with 2 beds and 1 bath; Both units are fully occupied
