Income-Producing Multifamily Investment
For Sale
Contact for pricing
4442 Brown Street, Lake Charles, LA 70607
Five units with strong rental demand and growth potential.
Property Size7,100 SF
Price / SF$92.96
Days on Market143
Property Features for 4442 Brown Street
General Information
Standard status
Active
Size
7,100 SF
Property subtype
Multifamily
Building Details
Year Built
2005
Listing Agency:
Coldwell Banker Ingle Safari Realty
(337) 660-6800
Listed By:
Kacy Broussard · License #995709138
Source:
Crexi
Added: Mar 10
Changed: Jul 6
Last Checked: Jul 30 at 2:50AM
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 Realty
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 For Apartment 5plus
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 | $80.9k | $11.40 |
| − Vacancy | −$5.5k | −$0.78 |
| EGI | $75.4k | $10.62 |
| − OpEx | −$33.9k | −$4.78 |
| NOI | $41.5k | $5.84 |
7,100 SF · lease $11.40/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$592.7K
$518.6K – $691.5K
NOI $41,490 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.53M
$1.34M – $1.79M
NOI $107,128 @ 7.0% cap · market cap 16.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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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 $660,000.
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.
