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    Two-House Residential Income Property Title is generated by Realmo AI

    2518 W Gloria Switch Road, Carencro, LA 70520

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    Claim this Listing
    For Sale
    $300,000

    MULTI_FAMILY - Carencro, LA

    Property size:
    2,718 SF
    Lot size:
    3.22 Acres
    Price / SF:
    $110/SF
    Added:
    Apr 30, 2026
    Days on Market:
    69
    Last Refresh:
    Jul 7 at 6:06 am

    Property Features for 2518 W Gloria Switch Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 3
    Parking
    2
    Parking features
    Carport
    Window features
    Window Treatments
    Patio and Porch features
    Porch
    Interior features
    Walk-In Closet(s), Window Treatments, Electric Dryer Connection, Electric Stove Connection, Electric Washer Connection, Walk-In Closet(s)
    Exterior features
    Lighting, Outside Light, Porch
    Appliances
    Refrigerator, Built-In Electric Oven
    Standard status
    Active
    APN
    6090726
    Size
    2,718 SF
    Lot size
    3.22 Acres

    Taxes and HOA fees

    Tax Description
    Sec 31, T8S, R4E Parcels A, Parcel B, Parcel C, Parcel D Lafayette Parish Survey Entry No 94-29951

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Metal, Composition

    We can help!

    Contact an agent
    Karen Cowen

    Listing agent Karen Cowen License #47525

    Listing office Compass 2000 Kaliste Saloom, Ste. 101, LA

    Listing date Apr 30, 2026

    MLS# 2600003813 Listing URL

    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.

    HighLights

    • Two houses on the same property: one 3‑bedroom/2‑bath and one 2‑bedroom/1‑bath
    • 3+ acres with additional land behind the second house for further development
    • Both homes include covered parking, with a carport on the property
    • Public water service available
    • Central electric heat and central air, with ceiling fans
    • Metal and composition shingle roofing; vinyl siding construction

    Overview

    This residential income property consists of two separate houses on a shared multi-acre lot. One home features 3 bedrooms and 2 bathrooms, while the second home offers 2 bedrooms and 1 bathroom. Both properties include outdoor space for relaxing, and both provide ample covered parking.

    The homes are located at 2518 W Gloria Switch Road in Carencro, Louisiana, on Gloria Switch between University and Hwy 93 near the Mills St roundabout. The second house also has lots of available land behind it, which could allow for further development depending on approvals.

    The layout makes this property workable for a range of residential scenarios, including an owner looking to live in one home while having another for rental or extended family use. With covered parking and outdoor space tied to each residence, it also supports practical day-to-day living for tenants or family members. For buyers interested in a two-home setup with room to expand on the back portion of the site, this is a property worth scheduling a showing to review firsthand.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $32.9k $12.12
    − Vacancy −$3.5k −$1.29
    EGI $29.4k $10.83
    − OpEx −$8.8k −$3.25
    NOI $20.6k $7.58
    2,718 SF · lease $12.12/SF/yr · vacancy 10.64% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $294.4K
    $257.6K – $343.4K (±1% cap)
    NOI $20,606 @ 7.0% cap · market cap 6.87%
    Second Best
    Apartment 5plus
    $254.9K
    $223.0K – $297.4K (±1% cap)
    NOI $17,841 @ 7.0% cap · market cap 5.95%
    Theoretical Best
    Office A
    $642.6K
    $562.3K – $749.7K (±1% cap)
    NOI $44,984 @ 7.0% cap · market cap 14.99%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Building Supply Hair Salon Auto Repair Shop Gym & Fitness Center Department Store Food Market Grocery & Convenience Store Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carencro
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.096053
    Latitude
    30.299395

    FAQs

    What type of property is this?
    Duplex - Two separate homes with covered parking and outdoor space on a multi-acre site in Carencro.
    Where is this duplex located?
    The property is located at 2518 W Gloria Switch Road Carencro, LA.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Two houses on the same property: one 3‑bedroom/2‑bath and one 2‑bedroom/1‑bath; 3+ acres with additional land behind the second house for further development; Both homes include covered parking, with a carport on the property
    More about this property
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