Lafayette Duplex For
301 Fox Run Avenue Lafayette, LA 70508
For Sale
$189,000
Pending
MULTI_FAMILY - Lafayette, LA
Property Size1,886 SF
Days on Market155
Property Features for 301 Fox Run Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 4
- Parking
- 4
- Parking features
- Parking Lot
- Interior features
- Electric Dryer Connection, Electric Stove Connection, Electric Washer Connection
- Fencing
- Privacy
- Appliances
- Refrigerator
- Standard status
- Pending
- APN
- 6027652
- Size
- 1,886 SF
Taxes and HOA fees
- Tax Description
- LOT 45 OAKCREEK SUB PH II
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
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: Jul 20
Last Checked: Jul 24 at 2:06AM
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.
Located in Lafayette, this one-story duplex at 301 Fox Run Avenue offers an investment opportunity. Each of the two units features 2 bedrooms and 2 bathrooms within a 943 square foot layout, totaling 1886 square feet for the entire property. The units include washer and dryer hookups and central A/C. Tenant is responsible for electricity, while the owner covers water, trash, and sewer expenses. One unit is currently rented for $1,000, and the other for $950. The property is located in Lafayette, LA 70508 and does not require flood insurance.
Key Highlights
- One‑story duplex in Lafayette, 70508 with two 2 bed, 2 bath units
- Each unit has 943 SF and includes washer/dryer hookups
- Current rents: $1,000 for one unit and $950 for the other
Financial Insights For Apartment 5plus
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 | $39.6k | $21.00 |
| − Vacancy | −$10.5k | −$5.59 |
| EGI | $29.1k | $15.41 |
| − OpEx | −$13.1k | −$6.94 |
| NOI | $16.0k | $8.48 |
1,886 SF · lease $21.00/SF/yr · vacancy 26.60% · expense 45.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - One-story duplex in Lafayette, each unit with 2 beds/2 baths.
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: One‑story duplex in Lafayette, 70508 with two 2 bed, 2 bath units; Each unit has 943 SF and includes washer/dryer hookups; Current rents: $1,000 for one unit and $950 for the other