3251/3255 Cedar Street, Lake Charles, LA 70615
MULTI_FAMILY - Lake Charles, LA
- Added:
- Mar 31, 2026
- Days on Market:
- 99
- Last Refresh:
- Jul 7 at 12:06 am
Property Features for 3251/3255 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
- 00084077
- 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 approximately 0.33 acres in Lake Charles, LA 70615
- Zoned Mixed Residential and located in Flood Zone X
- Two units; each unit has 2 bedrooms and 1 bathroom with approximately 866 SF per unit
- Covered vehicle parking area plus detached exterior space for washer/dryer and storage
- Shingle roof less than 5 years old; window/wall unit heating and cooling
- Public water source; year built 1975
Overview
The property sits on approximately 0.33 acres and is zoned Mixed Residential. It is noted as being located in Flood Zone X. The offering includes the address 3251/3255 Cedar Street in Lake Charles, Louisiana 70615, in Calcasieu Parish. Calcasieu County property taxes are listed at approximately $632.17 annually.
For buyers seeking a residential income property, this layout supports straightforward unit use with consistent 2 bed/1 bath configurations and tenant-friendly amenities like on-site parking coverage and a dedicated exterior laundry/storage area. The listing also notes a second duplex on an adjoining parcel is available at the same price (SWL26001011), which may be relevant for buyers looking to expand within the same general area. Operating expenses provided in the remarks are incomplete and should be independently verified.
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
