Townhouse Residential Income
For Sale
$155,000
4400 Brown St S, Lake Charles, LA 70607
The property includes all appliances and was built in 2006.
Property Size1,300 SF
Price / SF$119.23
Days on Market101
Property Features for 4400 Brown St S
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
1
Amenities
appliances included
Building Details
Year Built
2006
Listing Agency:
Real Broker, LLC
Listed By:
Danette McManus · License #995718092
(337) 526-5737
Source:
Athomerealtyla
Added: Jul 21
Changed: Oct 25
Last Checked: Oct 7 at 4:46PM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
This residential income property is configured as a two-bedroom, two-bath townhouse with 1,300 square feet of space. Constructed in 2006, the residence includes all appliances, providing a furnished operating component for future occupants.
Located at 4400 Brown St S in Lake Charles, the townhouse is near McNeese. The property is identified as an other residential income property and is offered for sale.
Located at 4400 Brown St S in Lake Charles, the townhouse is near McNeese. The property is identified as an other residential income property and is offered for sale.
Key Highlights
- Two‑bedroom, two‑bath townhouse configuration
- 1,300 square feet of property size
- All appliances included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,597
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$151,940
$151.9K
Cap Rate 7%
$108,529
$108.5K
Cap Rate 9%
$84,411
$84.4K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$14.8K $11.40/SF
− Vacancy
−$1.0K −$0.78/SF
EGI
$13.8K $10.62/SF
− OpEx
−$6.2K −$4.78/SF
NOI
$7.6K $5.84/SF
Area
Calcasieu County, LA
Vacancy
6.80%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$151,940
Cap Rate 7%
$108,529
Cap Rate 9%
$84,411
Alternative Uses
Best Use
Apartment 5plus
$108.5K
$95.0K – $126.6K
NOI $7,597 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$280.2K
$245.2K – $326.9K
NOI $19,615 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
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Business Placement
Demographics for 70607, LA
30,339
Population
13,692
Households
2.2
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
115.3 sq mi
ZIP Area
263
Density / Sq Mi
$58,427
Median Household Income
$35,815
Median Earnings
$1,053
Median Rent
$171,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The property includes all appliances and was built in 2006.
Where is this residential income property located?
The property is located at 4400 Brown St S Lake Charles, LA.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath townhouse configuration; 1,300 square feet of property size; All appliances included
