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Two-Unit Duplex with Rental History
For Sale
$120,000

925 Gulf St, Lake Charles, LA 70601

Income-producing duplex with matching two-bedroom, one-bath units and documented consistent occupancy.

Property Size1,428 SF
Price / SF$84.03
Days on Market93

Property Features for 925 Gulf St

General Information

Standard status Active
Size 1,428 SF
Property subtype Multi-Family

Units

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

Building Details

Year Built 1958
Buildings 1
Listing Agency: Century 21 Bono Realty
Listed By: Tony Cornner · License #912122358
Source: Athomerealtyla
Added: Jul 20 Changed: Oct 6 Last Checked: Oct 7 at 1:59PM

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 Century 21 Bono Realty

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Investment Insights

Based on property information with market context.

This duplex contains two residential units, each configured with two bedrooms and one bathroom. The property provides 1,428 total living area and was built in 1958, with the age identified as estimated.

Rental history reflects consistent occupancy. The property is located at 925 Gulf St in Lake Charles, Louisiana, and is offered for sale.

Key Highlights

  • Two‑unit duplex with 1,428 total living area
  • Each unit includes 2 bedrooms and 1 bath
  • Rental history has been consistently occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,431
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,620 $188.6K
Cap Rate 7%
$134,729 $134.7K
Cap Rate 9%
$104,789 $104.8K
Market Conditions
NOI Build-Up for 1,428 SF
Gross rent
$14.6K $10.20/SF
− Vacancy
−$1.1K −$0.77/SF
EGI
$13.5K $9.44/SF
− OpEx
−$4.0K −$2.83/SF
NOI
$9.4K $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%
$188,620
Cap Rate 7%
$134,729
Cap Rate 9%
$104,789

Alternative Uses

Best Use
Multifamily LT 5
$134.7K
$117.9K – $157.2K (±1% cap)
NOI $9,431 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$119.2K
$104.3K – $139.1K (±1% cap)
NOI $8,345 @ 7.0% cap · market cap 6.95%
Theoretical Best
Specialty Retail
$307.8K
$269.3K – $359.1K (±1% cap)
NOI $21,546 @ 7.0% cap · market cap 17.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,190
Businesses Nearby

Demographics for 70601, LA

34,571
Population
16,811
Households
2.1
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
16.1 sq mi
ZIP Area
2,147
Density / Sq Mi
$49,545
Median Household Income
$34,044
Median Earnings
$938
Median Rent
$164,300
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 - Income-producing duplex with matching two-bedroom, one-bath units and documented consistent occupancy.
Where is this duplex located?
The property is located at 925 Gulf St Lake Charles, LA.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,428 total living area; Each unit includes 2 bedrooms and 1 bath; Rental history has been consistently occupied
More about this property
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