3237/3241 Cedar Street, Lake Charles, LA 70615
MULTI_FAMILY - Lake Charles, LA
- Added:
- Mar 31, 2026
- Days on Market:
- 99
- Last Refresh:
- Jul 7 at 1:06 am
Property Features for 3237/3241 Cedar Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Laundry Room
- Parking
- 2
- Interior features
- Bathtub, Ceiling Fan(s), No Carpet, Shower in Tub, Storage, Unfurnished
- Standard status
- Active
- APN
- 01020986
- Size
- 1,732 SF
- Lot size
- 0.33 Acres
Utilities
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1975
- Floors in Building
- 1
- Roof type
- Shingle
- Additional Structures
- Storage
Listing agent Steve Floyd License #41445 (337) 478-1601
Listing office Coldwell Banker Ingle Safari R 765 Bayou Pines E, Lake Charles, LA (337) 478-1601
Listing date Mar 31, 2026
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.
HighLights
- 1732 SF duplex on approx. 0.33 acres in Lake Charles, LA 70615
- 2BR/1BA per unit with approx. 866 SF per unit; practical, functional layouts
- Zoned Mixed Residential and located in Flood Zone X
- Shingle roof is less than 5 years old; window/wall unit(s) provide heating and cooling
- Each unit includes a covered parking area; detached exterior space for washer/dryer and storage
- Public water service; low annual property taxes reported at approx. $632.17
Overview
Each unit includes a practical layout and access to a covered area for vehicle parking, designed to support tenant convenience. The exterior also includes a detached space for washer/dryer and additional storage.
The duplex is offered with stated low annual property taxes of approximately $632.17, and is presented as an investment opportunity for buyers seeking a multi-family property in Lake Charles, Louisiana (70615). The listing also notes that a second duplex on an adjoining parcel is available at the same price (SWL26001012) for buyers looking to add another rental unit. Any listed operating expenses are described as incomplete and should be independently verified by the buyer.
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 | $17.7k | $10.20 |
| − Vacancy | −$1.3k | −$0.77 |
| EGI | $16.3k | $9.44 |
| − OpEx | −$4.9k | −$2.83 |
| NOI | $11.4k | $6.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Charles
- County
- Calcasieu
- State
- Louisiana
- Longitude
- -93.16643
- Latitude
- 30.280437
