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    1890 Esther Dr Lake Charles, LA 70611

    For Sale
    $274,900

    Well-maintained 4-plex with strong rental history and updated units.

    Property size:
    950 SF
    Lot size:
    0.25 Acres

    Property Features for 1890 Esther Dr

    General Information

    Zoning
    Residen
    Size
    950 SF
    Lot size
    0.25 Acres

    Building Details

    Year built
    1985

    Source: Robbie Ingle Agent Robbie Ingle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Moss Bluff Investment Opportunity

    This well-maintained brick 4-plex in Moss Bluff presents an investment opportunity. Each of the four units features an open floorplan and generous bedrooms, with each unit offering 950 sq ft of living space. Individual washer and dryer connections are included, along with ample storage. The property has a strong rental history, generating approximately $3,000 in monthly income. Tenants are responsible for water, electric, and trash expenses. The owner covers a $25 monthly sewer and HOA fee per unit. The roof was replaced in 2021, and the units have been mostly updated for low maintenance. The property experiences high tenant demand and consistent occupancy. Located outside of a flood zone, the property is situated on 0.25 acres. Showings require 24-hour notice due to full occupancy. A neighboring 4-plex directly behind this unit is also available and can be purchased as a package deal.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Kitchen & Bath Bar & Pub HVAC Service Convenience Store Electrical Service Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.204475
    Latitude
    30.333163

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained 4-plex with strong rental history and updated units.
    Where is this quadplex located?
    The property is located at 1890 Esther Dr Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $274,900.
    What are key features of this property?
    This property features: - Strong rental history generating approximately $3,000 monthly income.; - Well-maintained 4-plex with spacious 950 sq ft units and open floorplans.; - Low maintenance due to roof replacement in 2021 and mostly updated units.
    Request Owner's contact information
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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
    1890 Esther Dr Lake Charles, LA 70611
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