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Renovated Duplex with Two 3-Bedroom Units
For Sale
$395,000

528 Currie Dr, Sulphur, LA 70665

Each updated residence features a three-bedroom, one-bath layout with separate rental or occupancy options.

Property Size2,896 SF
Lot Size0.96 Acres
Price / SF$136.40
Days on Market76
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Property Features for 528 Currie Dr

General Information

Standard status Active
Size 2,896 SF
Lot size 0.96 Acres

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes
Listing Agency: Exit Realty Southern
Listed By: Josh Foster · License #995702707
Source: Athomerealtyla
Added: Aug 1 Changed: Oct 2 Last Checked: Oct 7 at 4:20PM

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 Exit Realty Southern

Investment Insights

Based on property information with market context.

This renovated duplex contains 2896 square feet across two separate residences. Unit A and Unit B each provide three bedrooms and one bathroom. The property underwent a down-to-the-studs renovation after Hurricane Laura, with updated finishes and systems throughout. A concrete driveway serves the property and provides parking for residents and visitors.

Set on 0.96 acres, the site offers additional room beyond the existing building. The property is near schools, shopping, and industry, with interstate access nearby. Unit A has previously operated as an Airbnb short-term rental, while Unit B is subject to a long-term lease, creating two distinct occupancy histories within the same asset.

Key Highlights

  • 2896‑square‑foot duplex on a 0.96‑acre lot
  • Two units, each with 3 bedrooms and 1 bathroom
  • Down‑to‑the‑studs renovation completed following Hurricane Laura

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,127
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,540 $382.5K
Cap Rate 7%
$273,243 $273.2K
Cap Rate 9%
$212,522 $212.5K
Market Conditions
NOI Build-Up for 2,896 SF
Gross rent
$29.5K $10.20/SF
− Vacancy
−$2.2K −$0.77/SF
EGI
$27.3K $9.44/SF
− OpEx
−$8.2K −$2.83/SF
NOI
$19.1K $6.60/SF
Area
Calcasieu County, LA
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,540
Cap Rate 7%
$273,243
Cap Rate 9%
$212,522

Alternative Uses

Best Use
Multifamily LT 5
$273.2K
$239.1K – $318.8K (±1% cap)
NOI $19,127 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$241.8K
$211.5K – $282.1K (±1% cap)
NOI $16,923 @ 7.0% cap · market cap 4.28%
Theoretical Best
Specialty Retail
$624.2K
$546.2K – $728.3K (±1% cap)
NOI $43,696 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service Auto Parts Store Hair Salon Storage Facility Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby

Demographics for 70665, LA

12,532
Population
5,626
Households
2.2
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
153.0 sq mi
ZIP Area
82
Density / Sq Mi
$88,328
Median Household Income
$56,977
Median Earnings
$1,212
Median Rent
$229,800
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 - Each updated residence features a three-bedroom, one-bath layout with separate rental or occupancy options.
Where is this duplex located?
The property is located at 528 Currie Dr Sulphur, LA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2896‑square‑foot duplex on a 0.96‑acre lot; Two units, each with 3 bedrooms and 1 bathroom; Down‑to‑the‑studs renovation completed following Hurricane Laura
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