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Two-Unit Duplex with Mini-Splits
For Sale
$140,000

600 N 4th St, Eunice, LA 70535

Each residence offers two bedrooms, one full bathroom, and dedicated heating and cooling.

Property Size1,654 SF
Price / SF$84.64
Days on Market280

Property Features for 600 N 4th St

General Information

Standard status Active
Size 1,654 SF
Property subtype Residential Income
Listing Agency: DCG/Aguillard Realty
Listed By: Raymond A Aguillard · License #59516
Source: Exprealty
Added: Jan 9 Changed: Oct 1 Last Checked: Oct 15 at 2:19AM

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 DCG/Aguillard Realty

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Investment Insights

Based on property information with market context.

This 1,654 SF duplex contains two residential units, each measuring approximately 800 sq ft with a two-bedroom, one-bathroom layout. Individual mini-split systems provide heating and cooling for each residence. The property occupies a corner lot with ample parking and is located within the Eunice city limits.

Positioned at 600 N 4th St, the duplex is near local amenities, schools, and shopping. Its two-unit configuration, separate climate-control systems, and established residential setting provide a straightforward layout for continued rental use.

Key Highlights

  • Two‑unit duplex totaling 1,654 SF
  • Two approximately 800 sq ft units
  • Each unit includes 2 bedrooms and 1 full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,503
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,060 $190.1K
Cap Rate 7%
$135,757 $135.8K
Cap Rate 9%
$105,589 $105.6K
Market Conditions
NOI Build-Up for 1,654 SF
Gross rent
$14.3K $8.64/SF
− Vacancy
−$715 −$0.43/SF
EGI
$13.6K $8.21/SF
− OpEx
−$4.1K −$2.46/SF
NOI
$9.5K $5.75/SF
Area
St. Landry County, LA
Vacancy
5.00%
Lease Rate
$8.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,060
Cap Rate 7%
$135,757
Cap Rate 9%
$105,589

Alternative Uses

Best Use
Multifamily LT 5
$135.8K
$118.8K – $158.4K (±1% cap)
NOI $9,503 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$125.3K
$109.6K – $146.2K (±1% cap)
NOI $8,769 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$249.5K
$218.3K – $291.1K (±1% cap)
NOI $17,466 @ 7.0% cap · market cap 12.48%
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 Real Estate Agency HVAC Service Electrical Service Cafe & Coffee Shop Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby

Demographics for 70535, LA

17,292
Population
7,749
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
80%
High-School Grad
160.6 sq mi
ZIP Area
108
Density / Sq Mi
$44,804
Median Household Income
$38,598
Median Earnings
$789
Median Rent
$161,200
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 residence offers two bedrooms, one full bathroom, and dedicated heating and cooling.
Where is this duplex located?
The property is located at 600 N 4th St Eunice, LA.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,654 SF; Two approximately 800 sq ft units; Each unit includes 2 bedrooms and 1 full bathroom
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