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Two-Unit Duplex
For Sale
$70,000

518 & 520 E Martin Luther King Dr, Grand Coteau, LA 70541

Multifamily, Grand Coteau, LA

Property Size2,500 SF
Price / SF$28
Days on Market130

Property Features for 518 & 520 E Martin Luther King Dr

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Parking Lot
Lot features Level
Elementary school Grand Coteau
Middle school Sunset
High school Beau Chene
Elementary school district St. Landry Parish
Middle school district St. Landry Parish
High school district St. Landry Parish
Directions I49 north, take exit at LA 182, right on Bellemin Street, house at corner once you hit MLK.
Subdivision L1
Standard status Active
APN 0200530005
Size 2,500 SF

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description 1 LOT (56.9X106.6X99.9X94.2)N MAIN ST OR HY 93 S JANISE E LA HY 760-2 W WILLIAMS 1114887 1200700
Legal Description 1 LOT (56.9X106.6X99.9X94.2)N MAIN ST OR HY 93 S JANISE E LA HY 760-2 W WILLIAMS 1114887 1200700

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Window Unit(s)

Building Details

Number of units 2
Flooring type Laminate
Building materials Block, Brick
Roof type Metal
Listing Agency: Real Broker, LLC
Listed By: Alicia Rhodes · License #995706156
Added: Jun 18 Changed: Oct 23 Last Checked: Oct 25 at 1:06AM
MLS# 2600005525

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

The 2,500-square-foot duplex at 518 & 520 E Martin Luther King Dr in Grand Coteau has two units, with one currently tenant-occupied and the other vacant. The building has block and brick construction, laminate flooring, a metal roof, wall furnaces, and window air-conditioning units.

A parking lot serves the property. Public sewer and cable availability are noted.

Key Highlights

  • 2,500‑square‑foot duplex with two units
  • One unit is tenant‑occupied; the other is vacant
  • Block and brick construction with a metal roof

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

Demographics for 70541, LA

733
Population
509
Households
1.4
Avg Household Size
50
Median Age
12%
College-Educated
59%
High-School Grad
2.1 sq mi
ZIP Area
349
Density / Sq Mi
$53,625
Median Household Income
$22,052
Median Earnings
$679
Median Rent
$86,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - One dwelling is occupied by a tenant, and the other is vacant.
Where is this duplex located?
The property is located at 518 & 520 E Martin Luther King Dr Grand Coteau, LA.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: 2,500‑square‑foot duplex with two units; One unit is tenant‑occupied; the other is vacant; Block and brick construction with a metal roof
More about this property
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