4-Unit Multifamily Property with
For Sale
$429,000
1708 Fox Run Dr Drive, Lake Charles, LA 70605
Residential Income, Lake Charles, LA
Property Size4,566 SF
Lot Size0.49 Acres
Price / SF$93.96
Days on Market91
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
Subdivision
OAKCREEK SUB
Lot features
Irregular Lot, Paved
Directions
South on Nelson Rd., East on Fox Run Dr.
Standard status
Active
APN
00870307
Size
4,566 SF
Lot size
0.49 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
Listing Agency:
Coldwell Banker Ingle Safari R · Coldwell Banker Real Estate
(337) 478-1601
Listed By:
Tyson Letlow · License #FA100080924
(970) 819-6461
Added: Jul 9
Changed: Sep 17
Last Checked: Oct 7 at 11:06AM
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.
Investment Insights
Based on property information with market context.
This 4-unit multifamily property contains 4,566 square feet on a 0.49-acre lot. Built in 1980, the building includes four residences, each configured with two bedrooms and 1.5 bathrooms. Individual balconies, a laundry room, electric ranges, central air, and central electric heating are among the property features. The roof is shingle, and cable service is available.
Located in South Lake Charles near Nelson Road, the property is positioned close to schools, shopping, and dining. Public water and public sewer serve the site, providing established utility infrastructure for the existing residential configuration.
Located in South Lake Charles near Nelson Road, the property is positioned close to schools, shopping, and dining. Public water and public sewer serve the site, providing established utility infrastructure for the existing residential configuration.
Key Highlights
- Four‑unit multifamily property with 4,566 square feet
- Each unit includes 2 bedrooms and 1.5 bathrooms
- Situated on a 0.49‑acre lot in South Lake Charles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,156
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,120
$603.1K
Cap Rate 7%
$430,800
$430.8K
Cap Rate 9%
$335,067
$335.1K
Market Conditions
NOI Build-Up for 4,566 SF
Gross rent
$46.6K $10.20/SF
− Vacancy
−$3.5K −$0.77/SF
EGI
$43.1K $9.44/SF
− OpEx
−$12.9K −$2.83/SF
NOI
$30.2K $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%
$603,120
Cap Rate 7%
$430,800
Cap Rate 9%
$335,067
Alternative Uses
Best Use
Multifamily LT 5
$430.8K
$377.0K – $502.6K
NOI $30,156 @ 7.0% cap · market cap 7.03%
Second Best
Apartment 5plus
$381.2K
$333.5K – $444.7K
NOI $26,682 @ 7.0% cap · market cap 6.22%
Theoretical Best
Specialty Retail
$984.2K
$861.2K – $1.15M
NOI $68,894 @ 7.0% cap · market cap 16.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
46
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences offer two bedrooms, one-and-a-half bathrooms, individual balconies, and access to public water and sewer services.
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 $429,000.
What are key features of this property?
This property features: Four‑unit multifamily property with 4,566 square feet; Each unit includes 2 bedrooms and 1.5 bathrooms; Situated on a 0.49‑acre lot in South Lake Charles
