Leased Triplex with Private
1851 Fox Run Drive Lake Charles, LA 70605
New
For Sale
$264,900
Three-unit triplex is fully leased and features private fenced patios for select units.
Property Size2,730 SF
Price / SF$97.03
Days on Market4
Property Features for 1851 Fox Run Drive
General Information
- Standard status
- Active
- Size
- 2,730 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1980
Listing Agency:
Compass-LC
(337) 419-5713
Listed By:
Felicia Navarre · License #FSTRAUSS
Source:
Castlere
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 7:03AM
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
Investment Insights
Based on property information with market context.
This triplex includes three residential units with a mix of two- and one-bedroom layouts. Unit 1 offers two bedrooms and two bathrooms with a private fenced patio. Unit 2 features two bedrooms and 1.5 bathrooms and is arranged in a two-level layout. Unit 3 provides one bedroom and one bathroom and also includes a private fenced patio. The property is described as well-maintained with moderate updates throughout, and all three units are currently leased.
The property is located at 1851 Fox Run Drive in South Lake Charles and includes a shared parking lot. The public remarks note the triplex sits close to grocery stores, restaurants, shopping, and everyday amenities.
The rent roll and pro forma are available upon request, and all measurements are stated as more or less.
The property is located at 1851 Fox Run Drive in South Lake Charles and includes a shared parking lot. The public remarks note the triplex sits close to grocery stores, restaurants, shopping, and everyday amenities.
The rent roll and pro forma are available upon request, and all measurements are stated as more or less.
Key Highlights
- 1980‑built 3‑unit triplex with all three units currently leased
- Gross annual rents of $35,700 with unit‑level monthly rents of $1,100, $1,075, and $800
- Unit mix: two 2‑bed units (2/2 bath and 2/1.5 bath) plus one 1‑bed/1‑bath unit
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 | $27.8k | $10.20 |
| − Vacancy | −$2.1k | −$0.77 |
| EGI | $25.8k | $9.44 |
| − OpEx | −$7.7k | −$2.83 |
| NOI | $18.0k | $6.60 |
2,730 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$257.6K
$225.4K – $300.5K
NOI $18,030 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$227.9K
$199.4K – $265.9K
NOI $15,953 @ 7.0% cap · market cap 6.02%
Theoretical Best
Specialty Retail
$588.5K
$514.9K – $686.5K
NOI $41,192 @ 7.0% cap · market cap 15.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-unit triplex is fully leased and features private fenced patios for select units.
Where is this triplex located?
The property is located at 1851 Fox Run Drive Lake Charles, LA.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: 1980‑built 3‑unit triplex with all three units currently leased; Gross annual rents of $35,700 with unit‑level monthly rents of $1,100, $1,075, and $800; Unit mix: two 2‑bed units (2/2 bath and 2/1.5 bath) plus one 1‑bed/1‑bath unit
