3251/3255 Cedar, Lake Charles, LA 70615
Duplex - Lake Charles, LA
- Added:
- Mar 6, 2026
- Days on Market:
- 99
- Last Refresh:
- Jun 13 at 10:06 am
Property Features for 3251/3255 Cedar
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Interior features
- Bathtub, Ceiling Fan(s), No Carpet, Shower In Tub, Storage, Unfurnished
- Exterior features
- Back Yard, 0-1 Unit/Acre, Front Yard, Lawn, Rectangular Lot
- Standard status
- Active
- APN
- 00084077
- Size
- 1,732 SF
- Lot size
- 0.33 Acres
Utilities
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1975
- Floors in Building
- 1
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Steve Floyd License #41445 (337) 274-5684
Listing office Coldwell Banker Ingle Safari R 765 Bayou Pines E, Lake Charles, LA (337) 478-1601
Listing date Mar 6, 2026
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
- Multi‑family income potential in a desirable area with low annual property taxes ($632.17) offering excellent cash‑flow opportunity.
- Located in Flood Zone X, providing added peace of mind.
- Relatively new shingle roof (less than 5 years old).
- Each unit features 2 bedrooms and 1 bathroom with a practical layout and covered parking.
- Detached exterior space for washer/dryer and storage.
- Second duplex on adjoining parcel available at same price for portfolio expansion.
Overview
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 | $17.7k | $10.20 |
| − Vacancy | −$1.3k | −$0.77 |
| EGI | $16.3k | $9.44 |
| − OpEx | −$4.9k | −$2.83 |
| NOI | $11.4k | $6.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Charles
- County
- Calcasieu
- State
- Louisiana
- Longitude
- -93.16643
- Latitude
- 30.280437
