Two-Unit Duplex with Fenced
New
For Sale
$197,500
Pending
4959-4961 E Vintage Lane E, Lake Charles, LA 70605
Each residence has two bedrooms, two bathrooms, a kitchen, and a covered rear patio.
Property Size1,324 SF
Days on Market5
Property Features for 4959-4961 E Vintage Lane E
General Information
Standard status
Pending
Size
1,324 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Amenities
covered back patios
fenced-in yards
Building Details
Year Built
1991
Listing Agency:
Compass-LC
Listed By:
Phyllis Loftin · License #PLOFTIN
(337) 884-3851
Source:
Castlere
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 6:24AM
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 Compass-LC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two residences, each arranged with two bedrooms and two bathrooms. The kitchens provide cabinet storage, and each unit opens to a covered rear patio with a fenced yard. Combined, the property offers four bedrooms and four bathrooms across 1,324 square feet.
Built in 1991, the duplex is on East Vintage Lane in Lake Charles, just off Country Club Road.
Built in 1991, the duplex is on East Vintage Lane in Lake Charles, just off Country Club Road.
Key Highlights
- Two units, each with 2 bedrooms and 2 bathrooms
- 1,324 square feet total
- Covered rear patios and fenced yards for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,744
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,880
$174.9K
Cap Rate 7%
$124,914
$124.9K
Cap Rate 9%
$97,156
$97.2K
Market Conditions
NOI Build-Up for 1,324 SF
Gross rent
$13.5K $10.20/SF
− Vacancy
−$1.0K −$0.77/SF
EGI
$12.5K $9.44/SF
− OpEx
−$3.7K −$2.83/SF
NOI
$8.7K $6.60/SF
Area
Calcasieu County, LA
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,880
Cap Rate 7%
$124,914
Cap Rate 9%
$97,156
Alternative Uses
Best Use
Multifamily LT 5
$124.9K
$109.3K – $145.7K
NOI $8,744 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$110.5K
$96.7K – $129.0K
NOI $7,737 @ 7.0% cap · market cap 3.92%
Theoretical Best
Specialty Retail
$285.4K
$249.7K – $333.0K
NOI $19,977 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Explore this area
Business Placement
Demographics for 70605, LA
39,903
Population
17,926
Households
2.2
Avg Household Size
38
Median Age
42%
College-Educated
97%
High-School Grad
43.0 sq mi
ZIP Area
928
Density / Sq Mi
$88,337
Median Household Income
$46,173
Median Earnings
$1,348
Median Rent
$293,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, two bathrooms, a kitchen, and a covered rear patio.
Where is this duplex located?
The property is located at 4959-4961 E Vintage Lane E Lake Charles, LA.
What is the asking price?
The asking price for this property is $197,500.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 2 bathrooms; 1,324 square feet total; Covered rear patios and fenced yards for both units
