Tenant-Occupied
1835 Fox Run Dr, Lake Charles, LA 70605
For Sale
$219,900
Two residential units offer an established rental configuration near everyday shopping, dining, and services.
Property Size2,000 SF
Price / SF$109.95
Days on Market103
Property Features for 1835 Fox Run Dr
General Information
Standard status
Size
Property subtype
Occupancy
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Century 21 Bono Realty
Listed By:
Tricia Phillips · License LA #44262
(337) 540-2790
Source:
Athomerealtyla
Added: Aug 1
Changed: Nov 6
Last Checked: Oct 7 at 1:10PM
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 Century 21 Bono Realty
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Investment Insights
Based on property information with market context.
Built in 1980, this duplex contains two residential units, each arranged with 2 bedrooms and 2 bathrooms across approximately 1,000 square feet of living space. Both units are currently occupied by tenants, providing an existing rental setup for a new owner.
The property is located on Fox Run Drive in Lake Charles, in the South Lake Charles area. Grocery stores, restaurants, shopping, and other everyday amenities are situated nearby.
The property is located on Fox Run Drive in Lake Charles, in the South Lake Charles area. Grocery stores, restaurants, shopping, and other everyday amenities are situated nearby.
Key Highlights
- Two‑unit duplex with 2BR/2BA layouts
- Approximately 1,000 square feet per unit
- Both units currently tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,209
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,180
$264.2K
Cap Rate 7%
$188,700
$188.7K
Cap Rate 9%
$146,767
$146.8K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$20.4K $10.20/SF
− Vacancy
−$1.5K −$0.77/SF
EGI
$18.9K $9.44/SF
− OpEx
−$5.7K −$2.83/SF
NOI
$13.2K $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%
$264,180
Cap Rate 7%
$188,700
Cap Rate 9%
$146,767
Alternative Uses
Best Use
Multifamily LT 5
$188.7K
$165.1K – $220.2K
NOI $13,209 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$167.0K
$146.1K – $194.8K
NOI $11,687 @ 7.0% cap · market cap 5.31%
Theoretical Best
Specialty Retail
$431.1K
$377.2K – $503.0K
NOI $30,177 @ 7.0% cap · market cap 13.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
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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
$293,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lake Charles, LA
Properties on Market for Duplexes in Lake Charles
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer an established rental configuration near everyday shopping, dining, and services.
Where is this duplex located?
The property is located at 1835 Fox Run Dr Lake Charles, LA.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two‑unit duplex with 2BR/2BA layouts; Approximately 1,000 square feet per unit; Both units currently tenant occupied
