NOT LISTED FOR SALE

106 Meudon St Duson, LA 70529

North Lafayette Parish Neighborhood

Estimated Value: $141,528 - $231,000

8 Beds
8 Baths
3,600 Sq Ft
$47/Sq Ft Est. Value

Last Sold November 20, 2023

Current estimated payment $1,057/month

5 Days on Market

Highlights

  • Balcony
  • Porch
  • Central Air
  • Fireplace
  • Patio
  • Partially Fenced Property

About This Home

As of November 2023

100% fully occupied fourplex building currently bringing in $2,500 per month in rental income and $30,000 annually. All units are in above average condition for the area. Rental units have been upgraded with ceramic tile flooring and fresh paint (one unit has carpet). Owner manages the building himself and takes a great deal of pride in who he rents to and how he keeps the units. All units are 2 bedrooms 2 baths and have washer/dryer connections. Full financials are available by request. Additional buildings may be available for purchase by the same owner. 106 Meudon, 306 Marigny and 404 Marigny owned by same owner and listed in MLS. Don't miss your opportunity to purchase a high-quality building with great cash flow.

Last Agent to Sell the Property

Jamie Knight

Real Broker, LLC License #69168 Listed on: 09/01/2023

Last Buyer's Agent

Dennis Jones

Keller Williams Realty Acadiana License #995684209

Keller Williams Realty Acadiana

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 65' x 100'
  • Partially Fenced Property
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Electric Cooktop
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio
  • Porch

Schools

  • C S Burke Elementary School
  • Judice Middle School
  • Acadiana High School

Utilities

  • Central Air
  • Multiple Heating Units
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $2,500
  • Tenant pays for broadband/internet access, cable/sat TV, electricity, sewer, water
  • The owner pays for trash collection
  • Tax Lot 48

Community Details

Overview

  • 4 Units
  • Pontalba Place Subdivision

Building Details

  • 4 Leased Units
  • Insurance Expense $2,736
  • New Taxes Expense $703
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Lot Details

6,500 Sq Ft Lot

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1492
  • Lot Size: 65' x 100'
  • Subdivision Name: Pontalba Place
  • Directions: W Congress to Colorado, Right on Marigny, Left on Meudon.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Unit 1(Flat), Unit 2(Flat), Unit 3(Flat), Unit 4(Flat)
  • List_136: 92.11181
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Electric Oven, Electric Range, Refrigerator, Electric Cooktop
  • Owner Pays: Trash Collection
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Fireplace Features: Unit 1 Fireplace, Unit 2 Fireplace, Unit 3 Fireplace, Unit 4 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Unit 1(Dining Room,Eat-in Kitchen,Master Bedroom,Walk-in Closet), Unit 2(Dining Room,Eat-in Kitchen,Master Bedroom,Walk-in Closet), Unit 3(Dining Room,Eat-in Kitchen,Master Bedroom,Walk-in Closet), Unit 4(Dining Room,Eat-in Kitchen,Master Bedroom,Walk-in Closet)
  • Living Area: 3600

Exterior Features

  • Fencing: Partial
  • Lot Features: Level
  • Construction Type: Frame, Brick Veneer, Wood Siding
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch, Unit 1 Porch/Patio/Deck, Unit 2 Porch/Patio/Deck, Unit 3 Porch/Patio/Deck, Unit 4 Porch/Patio/Deck
  • Property Condition: 31 - 40 Years
  • Roof: Composition

Garage/Parking

  • Parking Features: Assigned, Parking Lot
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Unit 1 Washer/Dryer Hookup, Unit 2 Washer/Dryer Hookup, Unit 3 Washer/Dryer Hookup, Unit 4 Washer/Dryer Hookup
  • Cooling: Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central,Electric, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: C S Burke
  • High School: Acadiana
  • Middle Or Junior School: Judice

Lot Info

  • Lot Size Sq Ft: 6500

Rental Info

  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 30000
  • Insurance Expense: 2736
  • Number Of Units Leased: 4
  • Total Actual Rent: 2500

Tax Info

  • New Taxes Expense: 703
  • Tax Lot: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Nov 20, 2023
Sold by
Romero Jason James
Bought by
Prejean Joseph James and Prejean Birlly Amelia
Seller's Agent
Jamie Knight
Real Broker, LLC
Buyer's Agent
Dennis Jones
Keller Williams Realty Acadiana
List Price
$149,000
Views
21
Current Estimated Value
$169,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$111,750
Outstanding Balance
$109,827
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$59,555

Purchase Details

Closed on
Jun 24, 2009
Sold by
Rboussard Rufus Joseph
Bought by
Romero Jason J and Romero Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,726
Interest Rate
4.97%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Prejean Joseph James $149,000 Ctc Title
Romero Jason J $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prejean Joseph James $111,750
Previous Owner Romero Jason J $52,726
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold -- -- --
09/07/2023 09/07/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $149,000 -- $41 / Sq Ft
Source: REALTOR® Association of Acadiana

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,025 $11,608 $582 $11,026
2023 $1,025 $7,982 $582 $7,400
2022 $703 $7,982 $582 $7,400
2021 $706 $7,982 $582 $7,400
2020 $705 $7,982 $582 $7,400
2019 $670 $7,982 $582 $7,400
2018 $685 $7,982 $582 $7,400
2017 $684 $7,982 $582 $7,400
2015 $675 $7,900 $500 $7,400
2013 -- $7,900 $500 $7,400
Source: Public Records

Agents Affiliated with this Home

  • Jamie Knight

    Seller's Agent in 2023

    Jamie Knight

    Real Broker, LLC

    (337) 654-3174

    16 in this area

    102 Total Sales

    Jamie Knight
    Section Image
  • Dennis Jones

    Buyer's Agent in 2023

    Dennis Jones

    Keller Williams Realty Acadiana

    (337) 735-9338

    21 in this area

    105 Total Sales

    Dennis Jones
    Section Image
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Map

Source: REALTOR® Association of Acadiana

MLS Number: 23008012

REALTOR® Association of Acadiana

APN: 6042568

Louisiana Lafayette Parish Duson 70529 North Lafayette Parish

106 Meudon St, Duson, LA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

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