Character Duplex with Fenced
1615 & 1615 1/2 Weincke Street Lake Charles, LA 70601
1615 & 1615 1/2 Weincke Street, Lake Charles, LA, 70601
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For Sale
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Two one-bedroom, one-bath units each include private laundry and access to a privacy-fenced backyard.
Property Size1,660 SF
Price / SF$135.54
Days on Market179
Property Features for 1615 & 1615 1/2 Weincke Street
General Information
- Standard status
- Active
- Size
- 1,660 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1940
Listing agency
Bricks & Mortar- Real Estate
(337) 302-2111
Listed by
Sophia Rasile · License #72357
Source
Crexi
Added: Jan 24 Updated: Jul 22 at 1:27AM Checked: Jul 22 at 1:27AM
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 Bricks & Mortar- Real Estate
Investment Insights
Based on property information with market context.
This downtown cottage-style duplex offers two separate units, each with one bedroom and one bathroom. Unit 1615 features original wood floors and an Art Deco ceiling design in the living room, along with an eat-in kitchen that includes a custom 8-foot stone and wood island, octagonal tile flooring, and an original cast iron sink. Unit 1615 1/2 is also updated, with a large living room, a spacious kitchen with stainless appliances, a gas range, and marble countertops, plus a separate dining room. Both units include a private laundry room and share access to a large privacy-fenced back yard.
The property is located just off Michael DeBakey Drive, near Christus St Pats hospital.
As a duplex, the layout supports separate living spaces with dedicated in-unit laundry and outdoor privacy in the fenced backyard.
The property is located just off Michael DeBakey Drive, near Christus St Pats hospital.
As a duplex, the layout supports separate living spaces with dedicated in-unit laundry and outdoor privacy in the fenced backyard.
Key Highlights
- 1940 cottage‑style duplex in downtown area just off Michael DeBakey Drive near Christus St Pats hospital
- Each unit offers 1 bedroom and 1 bath
- Unit 1615 features original wood floors and an Art Deco ceiling design in the living room
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 | $16.9k | $10.20 |
| − Vacancy | −$1.3k | −$0.77 |
| EGI | $15.7k | $9.44 |
| − OpEx | −$4.7k | −$2.83 |
| NOI | $11.0k | $6.60 |
1,660 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$156.6K
$137.0K – $182.7K
NOI $10,963 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$138.6K
$121.3K – $161.7K
NOI $9,700 @ 7.0% cap · market cap 4.31%
Theoretical Best
Specialty Retail
$357.8K
$313.1K – $417.5K
NOI $25,047 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two one-bedroom, one-bath units each include private laundry and access to a privacy-fenced backyard.
Where is this duplex located?
The property is located at 1615 & 1615 1/2 Weincke Street Lake Charles, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1940 cottage‑style duplex in downtown area just off Michael DeBakey Drive near Christus St Pats hospital; Each unit offers 1 bedroom and 1 bath; Unit 1615 features original wood floors and an Art Deco ceiling design in the living room
