Duplex with Fenced
New
For Sale
$265,000
Pending
1511-1513 S Vintage Lane S, Lake Charles, LA 70605
Two residences each provide three bedrooms, two bathrooms, walk-in closets, and covered rear patios.
Property Size3,328 SF
Days on Market5
Property Features for 1511-1513 S Vintage Lane S
General Information
Standard status
Pending
Size
3,328 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Road Access
Yes
Amenities
walk-in closets
covered back patios
fenced-in yards
Building Details
Year Built
1991
Buildings
1
Listing Agency:
Compass-LC
Listed By:
Phyllis Loftin · License #PLOFTIN
(337) 884-3851
Source:
Castlere
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 6:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass-LC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,328-square-foot duplex, built in 1991, contains two units with a combined six bedrooms and four bathrooms. Each residence has a kitchen with cabinet storage, walk-in closets, and a covered patio at the rear. Fenced yards serve both units.
The property is on S Vintage Lane, just off Country Club Road in Lake Charles.
The property is on S Vintage Lane, just off Country Club Road in Lake Charles.
Key Highlights
- Two‑unit property with 3,328 square feet
- Each unit has 3 bedrooms and 2 bathrooms
- Built in 1991
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,980
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,600
$439.6K
Cap Rate 7%
$314,000
$314.0K
Cap Rate 9%
$244,222
$244.2K
Market Conditions
NOI Build-Up for 3,328 SF
Gross rent
$33.9K $10.20/SF
− Vacancy
−$2.5K −$0.77/SF
EGI
$31.4K $9.44/SF
− OpEx
−$9.4K −$2.83/SF
NOI
$22.0K $6.60/SF
Area
Calcasieu County, LA
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,600
Cap Rate 7%
$314,000
Cap Rate 9%
$244,222
Alternative Uses
Best Use
Multifamily LT 5
$314.0K
$274.8K – $366.3K
NOI $21,980 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$277.8K
$243.1K – $324.1K
NOI $19,448 @ 7.0% cap · market cap 7.34%
Theoretical Best
Specialty Retail
$717.4K
$627.7K – $836.9K
NOI $50,215 @ 7.0% cap · market cap 18.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Explore this area
Business Placement
Demographics for 70605, LA
39,903
Population
17,926
Households
2.2
Avg Household Size
38
Median Age
42%
College-Educated
97%
High-School Grad
43.0 sq mi
ZIP Area
928
Density / Sq Mi
$88,337
Median Household Income
$46,173
Median Earnings
$1,348
Median Rent
$293,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences each provide three bedrooms, two bathrooms, walk-in closets, and covered rear patios.
Where is this duplex located?
The property is located at 1511-1513 S Vintage Lane S Lake Charles, LA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two‑unit property with 3,328 square feet; Each unit has 3 bedrooms and 2 bathrooms; Built in 1991
