Two-Unit Duplex with
For Sale
$140,000
600 N 4th Street, Eunice, LA 70535
Each residence offers two bedrooms, one full bathroom, and separate mini-split heating and cooling.
Property Size1,654 SF
Price / SF$84.64
Days on Market295
Property Features for 600 N 4th Street
General Information
Standard status
Active
Size
1,654 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Listing Agency:
DCG/Aguillard Realty
(337) 457-9385
Listed By:
Raymond Aguillard · License #59516
(337) 580-3705
Source:
Exprealty
Added: Jan 9
Changed: Oct 29
Last Checked: Oct 30 at 7:48PM
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 duplex contains two residences of approximately 800 square feet apiece. Each unit has two bedrooms, one full bathroom, and a mini-split system for heating and cooling. The property occupies a corner lot with parking available on site.
The duplex is within Eunice city limits, near local amenities, schools, and shopping. Its two-unit configuration and individual living spaces are supported by the described bedroom, bathroom, and climate-control features.
The duplex is within Eunice city limits, near local amenities, schools, and shopping. Its two-unit configuration and individual living spaces are supported by the described bedroom, bathroom, and climate-control features.
Key Highlights
- Two units of approximately 800 square feet each
- Both units have 2 bedrooms and 1 full bathroom
- Mini‑split heating and cooling in each residence
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
NOI $9,503 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$125.3K
$109.6K – $146.2K
NOI $8,769 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$249.5K
$218.3K – $291.1K
NOI $17,466 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms, one full bathroom, and separate mini-split heating and cooling.
Where is this duplex located?
The property is located at 600 N 4th Street 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 units of approximately 800 square feet each; Both units have 2 bedrooms and 1 full bathroom; Mini‑split heating and cooling in each residence
