Income-Producing Multifamily Investment
For Sale
$650,000
4442 Brown Street, Lake Charles, LA 70607
Five units with strong rental demand and growth potential.
Property Size7,100 SF
Price / SF$91.55
Days on Market257
Property Features for 4442 Brown Street
General Information
Standard status
Active
Size
7,100 SF
Property subtype
Residential Income / Apartment
Zoning
MU
Net Operating Income
$48,835
Amenities
No
One
Central Air, Ceiling Fans, Yes
Central, Yes
1
Dishwasher, Electric Oven, Refrigerator, Range Hood
Washer Hookup, Electric Dryer Hookup, Laundry Room
Shingle
Appliances
Slab
Brick
Building Details
Year Built
2005
Buildings
3
Listing Agency:
Coldwell Banker Ingle Safari R
Listed By:
Kacy S Broussard · License #995709138
(337) 660-6800
Source:
Compass
Added: Feb 14
Changed: Oct 26
Last Checked: Oct 28 at 11:20AM
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 Coldwell Banker Ingle Safari R
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property presents an income-producing investment opportunity, featuring a total of five units. The layout includes two duplexes and one single unit. Each unit offers a layout with 2 bedrooms and 2 bathrooms, and includes interior laundry rooms. The property size is 7100 square feet. Current rents for Units 3–7 range from $950–$1000 per month, with potential for future rental growth. The property is located in Lake Charles, LA.
Key Highlights
- Excellent income‑producing investment opportunity with five units.
- Each unit features a desirable 2 bedroom, 2 bathroom layout.
- Spacious interior laundry rooms in each unit.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,490
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$829,800
$829.8K
Cap Rate 7%
$592,714
$592.7K
Cap Rate 9%
$461,000
$461.0K
Market Conditions
NOI Build-Up for 7,100 SF
Gross rent
$80.9K $11.40/SF
− Vacancy
−$5.5K −$0.78/SF
EGI
$75.4K $10.62/SF
− OpEx
−$33.9K −$4.78/SF
NOI
$41.5K $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%
$829,800
Cap Rate 7%
$592,714
Cap Rate 9%
$461,000
Alternative Uses
Best Use
Apartment 5plus
$592.7K
$518.6K – $691.5K
NOI $41,490 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.53M
$1.34M – $1.79M
NOI $107,128 @ 7.0% cap · market cap 16.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Five units with strong rental demand and growth potential.
Where is this multifamily property located?
The property is located at 4442 Brown Street Lake Charles, LA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Excellent income‑producing investment opportunity with five units.; Each unit features a desirable 2 bedroom, 2 bathroom layout.; Spacious interior laundry rooms in each unit.
