1818 4Th St Lake Charles, LA 70601
Exceptional opportunity to acquire a fully renovated duplex in Lake Charles, Louisiana, situated at 1818-1820 4th Street, zip code 70601. This property presents a compelling investment prospect for both seasoned investors and first-time homebuyers. The duplex boasts two identical units, each featuring one bedroom and one bathroom. Both units offer spacious floor plans, including a sizable living room, a generously sized bedroom with ample closet space, and a well-appointed kitchen complete with appliances. Convenient in-unit washer and dryer hookups are also included. Heating and cooling are provided by window units, supplemented by gas wall furnaces. Recent renovations encompass a new roof, fresh interior and exterior paint, a complete rewiring, updated PEX plumbing, and newer hot water heaters. The property generates an average monthly rental income of $1300-$1400, with separate electric and water meters for each unit. Tenants historically covered all utility bills. Note that this property is located in flood zone A, and while the seller does not carry flood insurance, a quote of $1903 per year is available. Priced aggressively for a quick sale, this duplex represents an outstanding value in the current market. This is a prime investment opportunity not to be missed.
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
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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.