134 Louie St Lake Charles, LA 70601
This exceptional investment opportunity presents a centrally located four-unit apartment building in Lake Charles, Louisiana, at 134 Louie St, zip code 70601. The property comprises two duplexes, each featuring two, two-bedroom, one-bathroom units, totaling 3,236 square feet. Each unit boasts an open floor plan, stained concrete floors, and modern kitchen appliances including a dishwasher, range/oven, and refrigerator. Convenient washer/dryer hookups are also included. Individual fenced rear yards provide privacy for each tenant. Currently, units command monthly rents ranging from $950 to $1,000. Tenants are responsible for their own utilities. The asking price is $425,000, representing a price per unit of $106,250 and a price per square foot of $131.33. The property is offered as a whole, but individual duplex sales may be considered. This presents a strong cash flow potential with low maintenance requirements, making it an ideal addition to any investment portfolio. The property's location in Lake Charles offers easy access to local amenities and services.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.