Lake Charles LA Multi Family for Sale
$1,475,000
Penn Street Unit 1-9 Lake Charles, LA 70601
- Type:
- Cluster
- Sq.Ft.:
- 9,468
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2023
- Baths:
- MLS#:
- SWL24005554
ADDITIONAL INFORMATION
Welcome to a superb investment opportunity with this nearly new, well-maintained apartment complex! Built in 2023, this property features 9 modern, 2-bedroom, 2-bathroom units, each unit is 1,052 square feet. With 8 of the 9 units currently leased, you'll benefit from immediate cash flow. The complex boasts low maintenance requirements, making it an ideal investment for those seeking a hassle-free property. With its prime location and modern amenities, this complex is a fantastic addition to any real estate portfolio. Don’t miss out on this opportunity to acquire a near-new property with strong income potential! All measurements are more or less.
- Type:
- Townhouse
- Sq.Ft.:
- 15,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.35 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- SWL24005260
ADDITIONAL INFORMATION
Under Construction (October Completion) Multi Family 4 unit townhome for sale is a fantastic investment opportunity! The rental income potential is very promising with providing a steady stream of revenue for the owner. Two units have 3 bedrooms, 2.5 bathrooms and the other two units have 2 bedrooms, 2.5 bathrooms, and two of the units have your own private garage. Custom finishes, custom cabinets, granite in kitchen and baths, stainless appliances, balconies on the front and back of the townhomes. This stylish and efficient living design is sure to attract tenants seeking both comfort and convenience. All measurements are more or less. Schedule your viewing today!
- Type:
- Cluster
- Sq.Ft.:
- 10,378
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1962
- Baths:
- MLS#:
- SWL24005138
- Subdivision:
- Oak Park 5
ADDITIONAL INFORMATION
Check out this income producing property that is priced to sell fast. This duplex offers a 3 bedroom 2 bathroom unit and a 2 bedroom 1 bath unit with new floors and fresh paint. This is a great opportunity for a young investor or a first time buyer! Schedule your showing today!
- Type:
- Triplex
- Sq.Ft.:
- 3,485
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.46 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- SWL24004532
ADDITIONAL INFORMATION
ONE BLOCK FROM CHARPENTIER HISTORIC DISTRICT. 2 STORY HOME TO BE USED AS TO A 3 UNIT RENTAL, BUSINESS WITH LIVING QUARTERS OR CONVERTED TO A SINGLE FAMILY RESIDENCE. DOWNSTAIRS HAS A 2 - 1 BEDROOM, 1 BATH UNITS WITH FULL KITCHEN, BATH . UNIT 1 - DOWNSTAIRS RIGHT APARTMENT WITH HIGH CEILINGS, LOTS OF NATURAL LIGHT 1 BEDROOM, 1 BATH, KITCHEN, LIVING ROOM- 2 FIREPLACES THAT ARE FOR ASTHESTICS ONLY, REFINISHED WOOD FLOORS , REPAINTED INTERIOR, NICE SIZED KITCHEN WITH STOVE, DISHWASHER AND REFRIGERATOR, WASHER AND DRYER IS SOLD "AS". 800 SQUARE FEET ESTIMATED. UNIT 2- DOWNSTAIRS LEFT APARTMENT WITH 1 BEDROOM, 1 BATH, KITCHEN, LIVING ROOM WITH FIREPLACE, REFINISHED WOOD FLOORS, REPAINTED INTERIOR, REFRIGERATOR, STOVE, WASHER DRYER HOOK UPS. 790 SQUARE FEET ESTIMATED UNIT 3 -UPSTAIRS APARTMENT WITH HIGH CEILINGS, LOTS OF NATURAL LIGHT , 3 BEDROOMS, 1 BATH, BIG KITCHEN WITH BAR, DINING AREA, LIVING AREA, CENTRAL AIR AND HEAT, OVER 1500 SQUARE FEET HEATED AND COOLED AREA, SEPERATE ENTRACE FROM REAR OF HOME, DOUBLE CARPORT AND LARGE FENCED YARD. THERE IS ONE ELECTRIC, WATER AND GAS METER FOR ENTIRE PROPERTY. SOME WORK ON THE SOUTH SIDE OF HOME IS STILL IN PROCESS. ROOF REPLACED AFTER HURRICANE LAURA, INTERIOR AND EXTERIOR PAINTING, SOME NEW ELECTRICAL AND PLUMBING. POLICE JURY WEBSITE IS INCORRECT FOR SQUARE FOOTAGE OF LAND- GETTING CORRECTED. ESTIMATED 20,000 SQUARE FEET. THERE ARE NO OPERATING EXPENSES BECAUSE ALL UNITS ARE VACANT.
- Type:
- Duplex
- Sq.Ft.:
- 936
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.26 Acres
- Year built:
- 1968
- Baths:
- MLS#:
- SWL24003931
- Subdivision:
- Rand Of W/2
ADDITIONAL INFORMATION
Investor Special! Would be great flip or investment property. Hurricane damaged duplex. 413 A is a 2 bedroom 1 bath and 413 b is a 1 bedroom 1 bath unit. This property has been damaged from the hurricane and needs extensive repairs. Enter at your own risk. Mold may be present. Tons of possibilities! Situated on 82 x 137 Lot. Flood zone X so no flood insurance needed. All Measurements are more or less. Seller will make no repairs to be sold as-is. There is also a home on lot in back of duplex. 2109 Evans is a 3/2 home and also listed and can be purchased as a package for $80,000.
- Type:
- Single Family
- Sq.Ft.:
- 1,934
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- SWL24003353
- Subdivision:
- Chelsea Sub
ADDITIONAL INFORMATION
Explore this unique property featuring two separate units, ideal for those seeking a home with a mother-in-law suite or guest quarters, or as a smart investment opportunity. This dual-unit property includes a front main house with 4 bedrooms and 2 bathrooms, and a rear unit perfect for rental or extended family use. The main house, covering 1,400 square feet, boasts a new roof, real wood floors, and is filled with character. It offers ample living space with four well-sized bedrooms and two full bathrooms. The rear unit, spanning 534 square feet, features one bedroom and one bathroom, currently generating $450 per month from a long-term renter. This property is an excellent choice for buyers looking to live in one unit and rent the other to help cover mortgage payments. With a strong rental history, it represents a valuable investment. Both units are currently occupied, requiring a 24-hour notice for showings to respect the tenants' privacy. Situated in flood zone X, this home does not require flood insurance, adding to its appeal and affordability. Don’t miss this fantastic opportunity to own a versatile property that can accommodate extended family or contribute to your investment portfolio. Schedule your showing today to see all that this unique dual-unit home has to offer!
- Type:
- Cluster
- Sq.Ft.:
- 1,428
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1958
- Baths:
- MLS#:
- SWL24003114
- Subdivision:
- Himount Ne
ADDITIONAL INFORMATION
Duplex centrally located is Lake Charles. Rental history has been consistently occupied. Each unit has 2 bedrooms and 1 baths has 1428 total living area. Age is estimated. Call for showing and particulars today.
- Type:
- Duplex
- Sq.Ft.:
- 5,244
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1958
- Baths:
- MLS#:
- SWL24003113
- Subdivision:
- Himount Annex
ADDITIONAL INFORMATION
Lake Charles Duplex ready for occupancy. Home has fresh paint outside, each unit is furnished with refrigerator and stove. All hard surface flooring and has a large back porch. Seller owns lot East of subject property.
- Type:
- Duplex
- Sq.Ft.:
- 2,640
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1955
- Baths:
- MLS#:
- SWL24002774
- Subdivision:
- Southside Add
ADDITIONAL INFORMATION
Great investment opportunity. Fully occupied. Home on Alvin Street features 3 bedroom & 1 bath with central air & heat. Two story duplex on Helen Street has window units. Home & bottom unit have washer & dryer hookups. Tenants pays all utilities. Corner lot with mature trees. Close to hospital, shopping and downtown.
- Type:
- Cluster
- Sq.Ft.:
- 3,456
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1946
- Baths:
- MLS#:
- SWL24002691
ADDITIONAL INFORMATION
Looking for the perfect Investment Property? This Triplex in Lake Charles in a great location and only minutes from downtown and features 3 Units with 2 units leased out currently. Multiple driveways with easy access for all Tenants and plenty of parking spaces. All 3 units feature Kitchens with granite countertops, Refrigerator, Range/Oven, and tile floors. Units are Spacious with restored wood floors, restored pecky Cypress Wood Walls, and/or carpet and tile in bathrooms. The downstairs front Unit #1 is very spacious with 3 bedrooms/1 bathroom. Unit #2 is the only upstairs unit with a private staircase entry, 2 bedrooms/1 bathroom featuring hardwood floors and oversized rooms, large kitchen with granite countertops and kitchen appliances. Unit #3 in the back is also spacious with 2 bedrooms/1 bathroom and this unit has a bonus of having a fenced-in back patio in the backyard with additional parking spots. All units set up on their own Meters. The roof is also brand new. There is currently a VA loan on the property and can be assumed for 2.75% interest. All measurements are more or less.
- Type:
- Duplex
- Sq.Ft.:
- 2,488
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.31 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- SWL24001637
- Subdivision:
- Cormier Amelia
ADDITIONAL INFORMATION
Exciting investment alert! Discover a practically brand-new duplex in the heart of Lake Charles, freshly rebuilt post-hurricane with all-new siding, roof, HVAC, electrical, plumbing, fixtures, cabinets, sheetrock, and paint. Each side of this stunning duplex features three spacious bedrooms and two bathrooms, making it perfect for families or roommates. Step inside to find modern design elements, open layouts, and vinyl plank flooring under recessed lighting, creating a contemporary and welcoming atmosphere. Built-in storage solutions enhance the living spaces, ensuring a neat and organized environment. The ease of maintenance is a highlight here, with no carpet throughout and all essential appliances included for immediate move-in readiness. Situated with access to city utilities, this property offers not just a living space but a lucrative income opportunity, ready to boost your investment portfolio. Each unit has separate meters, with tenants responsible for their utilities, simplifying management for an investor. Whether you're new to property investment or looking to grow your collection, these units are poised for immediate rental income, kept vacant by the seller for a swift sale. Don't miss out on this turnkey investment opportunity. Schedule a showing today and see the potential to start generating income with this beautifully remodeled duplex in Lake Charles. Located in flood zone X so no flood insurance required on mortgage.
- Type:
- Single Family
- Sq.Ft.:
- 3,120
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.3 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- SWL24001230
- Subdivision:
- Watkins Add
ADDITIONAL INFORMATION
Don’t miss this excellent investment opportunity that is priced below market value! The property offers two single-family dwellings with excellent rental history.(1623 4th Street & 1623 1/2 6th Street) 1623 4th Street is a 2 bedroom, 1 bathroom home with central HVAC. 1623 1/2 4th Street is a 1 bedroom, 1 bathroom home with window AC and heat. Both homes have washer/dryer hookups and come equipped with refrigerators and electric ranges. The front home is currently rented for $795/month. A long-term tenant currently occupies the back home and rents for $600/month. The homes share a water meter, and the property owner is currently paying for water. Tenants are responsible for electricity and natural gas. The front home is under a termite contract. This is an excellent deal for anyone looking for an investment property. Priced to sell. All measurements are m/l.
- Type:
- Single Family
- Sq.Ft.:
- 7,464
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.69 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- SWL24000943
ADDITIONAL INFORMATION
4 brand new patio homes for sale. Each unit is 4 bedrooms and 3 baths with 1866 square feet per unit. Must be sold together. Addresses: 1717 Bilbo, 1715 Bilbo, 1713 Bilbo and 1711 Bilbo. 2 story each unit with open floor, central air and heat, all appliances, inside utility, pantry, kitchen island, all electric,1 bedroom downstairs and other 3 bedrooms and 2 baths/utility upstairs, double garage, covered patio. Each unit rents for 1800.00 per month /$1800 deposit and tenant pays all utilities except lawn care is paid by owner. Yearly insurance is $1,440.00 per unit and taxes are estimated at $ per year. All mew units so there will probably not be much maintenance cost for the next few years. There is a private road for access to these units off Bilbo Street. Located in Garden District area downtown- close to schools, shopping, restaurants, Lake Charles Event Center and much more.
- Type:
- Fourplex
- Sq.Ft.:
- 4,875
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- SWL24000840
ADDITIONAL INFORMATION
If you have been looking for a rental property to supplement your income, then look no further. This recently renovated 4 plex offers excellent value for the money and a solid return on your investment. Each unit is a 2 bedroom 1.5 bathroom townhouse style unit. With the new entertainment development going up just across the bayou and the casinos only minutes away, some or all the units would do well with Airbnb. The seller has enough furniture to furnish 2 units and will consider negotiations for furnishing 1 to 2 units for Airbnb with the sale of the property. With the combination of the new development and an influx of city dollars to rebuild city housing on Lake Street, this area is a prime location that will only increase in value as the years progress. All the renovations have been completed, giving this building an effective age of only 2-3 years old. On the outside the roof and vinyl siding were replaced after hurricane Laura. The back 2 units have new concrete covered patios and a newly rebuilt balcony which was painted in deck correct paint ensuring it would be maintenance free for years to come. Both overlook a nice backyard which could easily be finished fencing in for increased rent. All the windows were replaced with energy efficient windows just 6 months ago. The entire building received a rock border for easy maintenance, enhanced drainage, and soil build up mitigation. While the rocks were being installed 2 sump pumps and 4 ground boxes were added, and all connected with underground piping to push water out to the parking lot. The property has not flooded in the 9 years the seller has owned it. The pumps and drainage were added only as a precaution while the chance presented itself. The entire building received all new electrical and plumbing in 2014. On the inside units A-C have received all new: floors (tile downstairs & vinyl plank upstairs), kitchen cabinets and granite countertops, led light fixtures, plumbing fixtures & sinks, vanities, toilets, and refinished tubs and toilets. 2 units have been left empty for quick and easy showings. 24 hour notice to see the remaining 2 units. The seller is a licensed realtor in Louisiana. owner/agent.
- Type:
- Apartment
- Sq.Ft.:
- 8,911
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.34 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- SWL23007065
- Subdivision:
- High School Park Add
ADDITIONAL INFORMATION
Incredible opportunity alert! This 12-unit Apartment Complex is a fantastic deal, priced below its last appraisal of $780,000. The motivated seller is eagerly awaiting your offer! The complex consists of 8 units in the 2031 3rd building and 4 units in the 2033 3rd building. The 8-unit building boasts two stories, while the 4-unit building is a single-story structure with a porch at the rear and the added benefit of some covered parking spaces. Both buildings feature covered walkways that open onto a charming courtyard nestled between them. Please note that the complex is not individually metered for gas and water. The property taxes are $1,219.34 yearly, and it's located in Flood Zone AE. The current flood policy costs $4,353 per year for the 2031 building and $2,638 per year for the 2033 building. Recent improvements include a roof replacement in 2021 for both buildings, ensuring long-lasting value and protection for your investment. Many of the units have undergone remodeling, and most are already rented. The seller is actively preparing the vacant units for rent, presenting an excellent income-producing opportunity. This is your chance to own a thriving Apartment Complex with great potential. Act now, make your offer, and secure this outstanding investment today! Don't wait; it won't be available for long.
- Type:
- Duplex
- Sq.Ft.:
- 2,156
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1968
- Baths:
- MLS#:
- SWL23006500
- Subdivision:
- Castle
ADDITIONAL INFORMATION
Don't miss this unbeatable investment opportunity located directly behind the Prien Lake Mall in the heart of Lake Charles. Centrally positioned, this property offers the ultimate convenience with an array of shopping and work options just a leisurely stroll away. These two fully occupied one bedroom duplexes are ready for your viewing pleasure. Take advantage of this fantastic chance to secure your future. Call now to schedule your showing.
- Type:
- Cluster
- Sq.Ft.:
- 1,188
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- SWL23006499
- Subdivision:
- Himount
ADDITIONAL INFORMATION
Welcome to your next great investment opportunity! This charming 2 bed 1 bath cottage is not only well-maintained, but also comes with a long-term tenant for your investment portfolio. Convenience is key with this location, as you'll find both public and private schools, shopping centers, and churches all within close proximity. Imagine the ease of walking to nearby shops and stores, giving you a truly desirable lifestyle. Don't miss out on this chance to secure a smart investment with a proven rental history. Call now to schedule a showing and see the potential this cottage holds. Your future success is just one call away!
- Type:
- Duplex
- Sq.Ft.:
- 1,530
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- SWL23003482
- Subdivision:
- High School Park Annex
ADDITIONAL INFORMATION
LOOKING FOR A GREAT DEAL ON A DUPLEX THATS READY FOR NEW RENTERS? Great opportunity to purchase a fully renovated duplex. Whether you're an investor looking for a profitable rental property or a first-time homebuyer looking for a place to call your own, this duplex is sure to impress. With its modern updates and convenient location, it's the perfect place to call home. This duplex has been updated with new roof, new interior and exterior paint and was totally rewired and has updated Pex plumbing and newer hot water heaters. Both units are 1 bedroom, 1 bath and feature a spacious floorplan with large living room, private bedroom with good size closet and nice kitchen with appliances and also has washer and dryer hookups in each unit. Window units are used to heat and cool units but there is also gas wall furnaces for heat also. Rental income averages $1300-$1400 per month. Located in flood zone A. Seller does not carry flood insurance but a flood quote for $1903/year is attached in MLS. The electric and water are both on separate meters and all bills were paid by the tenants. This is a great deal and would make the perfect investment property. Priced to sell!!
- Type:
- Apartment
- Sq.Ft.:
- 6,500
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1986
- Baths:
- MLS#:
- SWL23003497
- Subdivision:
- Bryan J W Sub
ADDITIONAL INFORMATION
At market price, this remodeled apartment complex in downtown Lake Charles is fully occupied with a 5 year lease. Eight units featuring one bedroom and one bathroom each; and ninth apartment is an efficiency with living and bedroom combined. Updated flooring, paint, bathrooms, and kitchens. Granite counter tops and new fixtures throughout. Just remodeled in 2021 and 2022. All units currently leased with a 5 year term and 100% occupied.
This information comes from the Southwest Louisiana Association of REALTORS. This IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2024 Southwest Louisiana Association of REALTORS. All rights reserved.
Lake Charles Real Estate
The median home value in Lake Charles, LA is $153,600. This is lower than the county median home value of $156,000. The national median home value is $219,700. The average price of homes sold in Lake Charles, LA is $153,600. Approximately 46.06% of Lake Charles homes are owned, compared to 41.78% rented, while 12.16% are vacant. Lake Charles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Charles real estate agent to arrange a tour today!
Lake Charles, Louisiana 70601 has a population of 75,194. Lake Charles 70601 is less family-centric than the surrounding county with 25.1% of the households containing married families with children. The county average for households married with children is 29.61%.
The median household income in Lake Charles, Louisiana 70601 is $40,910. The median household income for the surrounding county is $48,219 compared to the national median of $57,652. The median age of people living in Lake Charles 70601 is 35 years.
Lake Charles Weather
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 40.6 degrees. The average rainfall is approximately 62.2 inches per year, with 0.1 inches of snow per year.