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Two-Unit Multifamily Property

503 & 505 Poinciana Lane, Westlake, LA 70669

For Sale
$79,900

Residential Income, Westlake, LA

Property Size2,276 SF
Lot Size0.74 Acres
Price / SF$35.11
Days on Market94

Property Features for 503 & 505 Poinciana Lane

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Laundry Room
Appliances Dishwasher, Electric Range
Lot features Regular Lot
Directions From I10 head north on Sampson St turn right on Hudson Dr turn left on Davis Rd turn right on Dalton Rd turn left on Western Meadow Dr turn right on Poinciana Ln---- property is on the left
Standard status Active
APN 01009230
Size 2,276 SF
Lot size 0.74 Acres

Utilities

Utilities Water Available
Water source Public

Building Details

Year built 1985
Floors in Building 1
Roof type Metal
Listing Agency: Coldwell Banker Ingle Safari R · Coldwell Banker Real Estate
Listed By: Robbie Ingle
Added: Aug 12 Changed: Oct 28 Last Checked: Nov 13 at 12:06AM
MLS# 6457

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.

Rey
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Investment Insights

Based on property information with market context.

This multifamily property includes two older single-wide mobile homes on one parcel, addressed as 503 and 505 Poinciana Lane. The residences are positioned on separate portions of the site, with open space between them and room for parking and outdoor use. Both homes require updating. The property totals 2,276 square feet and was built in 1985, with metal roofing, a laundry room, dishwasher, and electric range. Public water is available through the public water source.

The approximately 0.74-acre setting occupies a corner with frontage along two public streets and multiple access points. Mature shade trees and established residential surroundings frame the site, while the layout provides separation between the existing homes. The two-residence configuration also supports consideration of renovation, replacement, or redevelopment subject to applicable zoning, permitting, and restrictions.

Key Highlights

  • Approximately 0.74‑acre multifamily property
  • Two older single‑wide mobile homes on one parcel
  • 2,276 square feet; built in 1985

Property Analytics

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Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 70669, LA

9,830
Population
4,425
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
89%
High-School Grad
29.2 sq mi
ZIP Area
337
Density / Sq Mi
$68,416
Median Household Income
$43,514
Median Earnings
$1,026
Median Rent
$160,800
Median Home Value
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Market

Average Price Trend$/SF for Multifamily properties in Calcasieu County, LA

$101 Jul
$93.24 Aug
$102 Sep
$102 Oct

Properties on Market for Multifamily properties in Calcasieu County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Multiple access points serve two older single-wide homes with open space between residences.
Where is this multifamily property located?
The property is located at 503 & 505 Poinciana Lane Westlake, LA.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Approximately 0.74‑acre multifamily property; Two older single‑wide mobile homes on one parcel; 2,276 square feet; built in 1985
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