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    Four-Plex Income Property Title is generated by Realmo AI

    1708 Fox Run Dr Drive, Lake Charles, LA 70605

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    Claim this Listing
    For Sale
    $459,000

    MULTI_FAMILY - Other - Lake Charles, LA

    Type:Apartment
    Property size:
    4,566 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $100/SF
    Added:
    Jun 9, 2026
    Days on Market:
    29
    Last Refresh:
    Jul 7 at 4:06 pm

    Property Features for 1708 Fox Run Dr Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Rooms
    Laundry Room
    Interior features
    Balcony
    Appliances
    Electric Range
    Standard status
    Active
    APN
    00870307
    Size
    4,566 SF
    Lot size
    0.15 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1980
    Floors in Building
    2
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Tyson Letlow

    Listing agent Tyson Letlow License #995712481

    Listing office Coldwell Banker Ingle Safari R 765 Bayou Pines E, Lake Charles, LA

    Listing date Jun 9, 2026

    MLS# 4977

    Copyright © 2026 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.

    HighLights

    • Income‑producing 4‑plex in South Lake Charles
    • All units offer 2 bedrooms and 1.5 bathrooms
    • Three units rent for $800/month and one unit rents for $900/month
    • Year built: 1980
    • Central heating and central air with electric cooling
    • Public utilities: public water and public sewer; electric range; shingle roof

    Overview

    This property is an income-producing four-plex featuring four separate units, each with 2 bedrooms and 1.5 bathrooms. The building is offered for sale on a 0.1523-acre lot with a total property size of 4,566 square feet. Per the current rent roll, three units are rented at $800 per month and one unit is rented at $900 per month.

    Located in South Lake Charles, the property is conveniently situated off Nelson Road. It is positioned near schools, shopping, and dining, providing tenant-friendly everyday access to common daily needs.

    The consistent unit layout makes this four-plex practical for investors seeking a multi-family asset with repeatable interior configurations, and for operators who want to manage a small, self-contained rental building. With all units currently in place and generating monthly rent, this property may appeal to buyers looking for an immediately income-producing residential income asset in an established area.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $46.6k $10.20
    − Vacancy −$3.5k −$0.77
    EGI $43.1k $9.44
    − OpEx −$12.9k −$2.83
    NOI $30.2k $6.60
    4,566 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $430.8K
    $377.0K – $502.6K (±1% cap)
    NOI $30,156 @ 7.0% cap · market cap 6.57%
    Second Best
    Apartment 5plus
    $381.2K
    $333.5K – $444.7K (±1% cap)
    NOI $26,682 @ 7.0% cap · market cap 5.81%
    Theoretical Best
    Specialty Retail
    $984.2K
    $861.2K – $1.15M (±1% cap)
    NOI $68,894 @ 7.0% cap · market cap 15.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.2213
    Latitude
    30.1204

    FAQs

    What type of property is this?
    Quadplex - Four-unit rental building with uniform 2-bedroom, 1.5-bath layouts, positioned for steady income in South Lake Charles.
    Where is this quadplex located?
    The property is located at 1708 Fox Run Dr Drive Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: Income‑producing 4‑plex in South Lake Charles; All units offer 2 bedrooms and 1.5 bathrooms; Three units rent for $800/month and one unit rents for $900/month
    More about this property
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