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    OFF-MARKET
    Retail space

    613 12th St, Lake Charles, LA 70601-6172

    Individually Owned ~ Est. High Equity
    Property ID
    US36-1469990
    Property summary
    AI-generated overview

    This practically brand-new duplex in Lake Charles, LA, presents a compelling investment opportunity. Completely rebuilt after hurricane damage, this property boasts all-new siding, roof, HVAC system, electrical wiring, plumbing, fixtures, cabinets, drywall, and paint. Each of the two units offers three spacious bedrooms and two bathrooms, ideal for families or roommates. Modern design elements are showcased throughout, including open floor plans, vinyl plank flooring, recessed lighting, and built-in storage. The absence of carpet and inclusion of all appliances contribute to easy maintenance and immediate move-in readiness. Separate utility meters ensure tenants are responsible for their own utilities, simplifying management for the owner. Located at 613 12th Street, Lake Charles, LA 70601, this property sits in flood zone X, eliminating the need for flood insurance on a mortgage. Currently vacant, this turnkey investment is poised for immediate rental income generation. The property's modern amenities and convenient location make it highly attractive to renters, promising a strong return on investment. This is an exceptional opportunity for both seasoned investors and those new to the real estate market seeking a low-maintenance, high-yield property. The asking price is $219,900.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    APN 1343692
    UPID US36-1469990
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Black Kadin
    Black Kadin
    since 2026
    2 recorded transactions
    2026
    $219,900
    2022
    $45,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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