Two-Unit
For Sale
$189,000
Pending
301 Fox Run Avenue, Lafayette, LA 70508
Residential Income, Lafayette, LA
Property Size1,886 SF
Days on Market236
Property Features for 301 Fox Run Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 4
Parking
4
Parking features
Parking Lot
Interior features
Electric Dryer Connection, Electric Stove Connection, Electric Washer Connection
Fencing
Privacy
Appliances
Refrigerator, Refrigerator
Subdivision
Oakcreek
Elementary school
Drexel
Middle school
Broussard
High school
Comeaux
Elementary school district
Lafayette Parish
Middle school district
Lafayette Parish
High school district
Lafayette Parish
Directions
Pinhook Rd., turn right onto Board Rd., continue onto Fox Run, property is on the left.
Standard status
Pending
APN
6027652
Size
1,886 SF
Taxes and HOA fees
Tax Description
LOT 45 OAKCREEK SUB PH II
HOA Fee
$125 Quarterly
Legal Description
LOT 45 OAKCREEK SUB PH II
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
washer/dryer hookups
central A/C
Building Details
Floors in Building
1
Number of units
2
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Stephen Hundley · License #995681753
(337) 789-6538
Added: Feb 19
Changed: Oct 3
Last Checked: Oct 13 at 9:06AM
MLS# 2600001202
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 single-story duplex contains 1,886 square feet across two matching residences. Each unit has two bedrooms, two bathrooms, 943 square feet, central air conditioning, and washer and dryer connections. Central heating serves the building, which also has wood siding and a privacy fence.
A parking lot provides on-site parking. The property connects to public water and public sewer. Occupants pay for electricity; the owner covers water, trash, and sewer service.
A parking lot provides on-site parking. The property connects to public water and public sewer. Occupants pay for electricity; the owner covers water, trash, and sewer service.
Key Highlights
- Two residences, each with 2 bedrooms, 2 bathrooms, and 943 square feet
- 1,886‑square‑foot, single‑story duplex
- Central air conditioning and heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,989
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,780
$319.8K
Cap Rate 7%
$228,414
$228.4K
Cap Rate 9%
$177,656
$177.7K
Market Conditions
NOI Build-Up for 1,886 SF
Gross rent
$39.6K $21.00/SF
− Vacancy
−$10.5K −$5.59/SF
EGI
$29.1K $15.41/SF
− OpEx
−$13.1K −$6.94/SF
NOI
$16.0K $8.48/SF
Area
Lafayette, LA
Vacancy
26.60%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,780
Cap Rate 7%
$228,414
Cap Rate 9%
$177,656
Alternative Uses
Best Use
Multifamily LT 5
$252.0K
$220.5K – $294.0K
NOI $17,640 @ 7.0% cap · market cap 9.33%
Second Best
Apartment 5plus
$228.4K
$199.9K – $266.5K
NOI $15,989 @ 7.0% cap · market cap 8.46%
Theoretical Best
Office A
$445.9K
$390.2K – $520.2K
NOI $31,214 @ 7.0% cap · market cap 16.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
Explore this area
Business Placement
Demographics for 70508, LA
40,343
Population
18,677
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
94%
High-School Grad
24.3 sq mi
ZIP Area
1,660
Density / Sq Mi
$88,017
Median Household Income
$51,614
Median Earnings
$1,244
Median Rent
$299,200
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
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, two bathrooms, central air conditioning, and washer/dryer connections.
Where is this duplex located?
The property is located at 301 Fox Run Avenue Lafayette, LA.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 2 bathrooms, and 943 square feet; 1,886‑square‑foot, single‑story duplex; Central air conditioning and heating
