Two-Duplex Residential Income
50022 Fawn Shadow Drive Tickfaw, LA 70466
For Sale
$375,000
Two duplexes on a half-acre lot, each with 1 bed, 1 bath and washer/dryer hookups.
Property Size2,816 SF
Lot Size0.50 Acres
Price / SF$133.17
Days on Market75
Property Features for 50022 Fawn Shadow Drive
General Information
- Standard status
- Active
- Size
- 2,816 SF
- Lot size
- 0.50 Acres
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 2010
Listing Agency:
RE/MAX Northshore
(504) 722-6415
Listed By:
Angie Fenasci · License #995698254
(504) 722-6415
Source:
Compass
Added: May 13
Changed: Jul 23
Last Checked: Jul 26 at 1:35PM
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 RE/MAX Northshore
Investment Insights
Based on property information with market context.
This residential income property includes two duplex buildings, creating four total rental units. Each unit features one bedroom and one bathroom with a functional layout, and each offers washer/dryer hookups.
The property sits on a half-acre lot and is located just minutes from I-55, offering convenient access for tenants.
As a multi-unit asset with four units and in-unit laundry hookups, the property presents a straightforward income-oriented setup for an owner looking to add to their portfolio.
The property sits on a half-acre lot and is located just minutes from I-55, offering convenient access for tenants.
As a multi-unit asset with four units and in-unit laundry hookups, the property presents a straightforward income-oriented setup for an owner looking to add to their portfolio.
Key Highlights
- Two duplexes (4 units total), each unit features 1 bedroom and 1 full bath
- Half‑acre lot with two separate duplexes
- Washer/dryer hookups included in each unit
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 | $33.1k | $11.76 |
| − Vacancy | −$2.9k | −$1.02 |
| EGI | $30.3k | $10.74 |
| − OpEx | −$9.1k | −$3.22 |
| NOI | $21.2k | $7.52 |
2,816 SF · lease $11.76/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$302.5K
$264.7K – $353.0K
NOI $21,178 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$263.1K
$230.2K – $306.9K
NOI $18,415 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$776.3K
$679.2K – $905.7K
NOI $54,339 @ 7.0% cap · market cap 14.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Two duplexes on a half-acre lot, each with 1 bed, 1 bath and washer/dryer hookups.
Where is this quadplex located?
The property is located at 50022 Fawn Shadow Drive Tickfaw, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two duplexes (4 units total), each unit features 1 bedroom and 1 full bath; Half‑acre lot with two separate duplexes; Washer/dryer hookups included in each unit
