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    140 Louie St Lake Charles, LA 70601

    For Sale
    $212,500

    Multi Family - Lake Charles, LA

    Type:Multi Family
    Days on Market:
    148
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 140 Louie St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Multi Family
    Standard status
    Active
    APN
    00400556
    Parking
    4
    Exterior features
    Front Yard

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Number of units
    282
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Coldwell Banker Ingle Safari Realty (337) 478-1601 [email protected]

    Listing agent Steve Floyd (337) 478-1601 License #41445

    Listing date Jul 11, 2025

    MLS# 24001171 Listing URL

    Copyright © 2025 Southwest Louisiana Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Charles Multifamily Investment Property

    This multifamily property in Lake Charles, LA, features buildings with two rental units each. Each unit offers an open floorplan with 2 bedrooms and 1 bathroom, encompassing 808.5 square feet. Washer and dryer hookups are available in each unit. The layout is designed to be attractive to tenants, providing comfortable living spaces. Stained concrete floors offer easy maintenance for both landlords and tenants. Each unit includes a dishwasher, range/oven, and refrigerator. The rear yard is fenced, providing privacy for each tenant. Tenants are responsible for covering their own utility expenses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.221936
    Latitude
    30.210043

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property in Lake Charles, LA with tenant-friendly features.
    Where is this apartment building located?
    The property is located at 140 Louie St Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $212,500.
    What are key features of this property?
    This property features: - Open floorplan in each unit; - Washer/dryer hookups in each unit; - Stained concrete floors for easy maintenance
    (337) 478-1601
    Request Owner's contact information
    140 Louie St Lake Charles, LA 70601
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    Lake Charles, LA 70601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    140 Louie St Lake Charles, LA 70601
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