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Lake Charles, LA Multifamily Homes & Duplexes for Sale

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  • /18

    $650,000

    • 4,500 Sq Ft

    3915 Common St, Lake Charles, LA 70607

    Calling all investors!!!!! Two duplexes, four units total, are all rented and cash-flowing! Each of the 4-units rent for $1,095 per month ($1,000 deposit held). These 4 units are located conveniently close to McNeese State University, shopping and so much more.

    Amanda Cox Compass-LC

    3915 Common St, Lake Charles, LA 70607
  • /15

    $1,200,000

    • 8,800 Sq Ft

    507,509,511,513 E Lagrange St E Unit 1 & 2 each bldg, Lake Charles, LA 70607

    4 wonderful duplexes grouped together for convenience and are already cash-flowing. All units are rented. Owner pays for water and the renters pays all other expenses for utilities. There is a $350 non-refundable pet deposit. Small animals only. This parcel with the 4 duplexes is being divided from commercial building facing Common Street.

    Amanda Cox Compass-LC

    507,509,511,513 E Lagrange St E Unit 1 & 2 each bldg, Lake Charles, LA 70607
  • /11

    $150,000

    • 1,770 Sq Ft

    420 Moss St, Lake Charles, LA 70601

    Turnkey 3-Unit Investment Property in Downtown Lake Charles. Great opportunity to own a beautifully maintained triplex in the heart of Lake Charles’ Historic District, just minutes from downtown, restaurants, shopping, and with easy access to Interstate 10. This 3-unit property features three 1-bedroom, 1-bath apartments, all recently remodeled and in excellent condition. Each unit has its own

    Robbie Ingle Coldwell Banker Ingle Safari R

    420 Moss St, Lake Charles, LA 70601
  • /18

    $260,000

    • 2,800 Sq Ft

    604 Derouen St, Lake Charles, LA 70607

    Calling all investors! 2 bed 2 bath and 2 bed 1 bath unit. Close to the University, shopping and restaurants. One unit is currently occupied. Units are move in ready!!

    Mandi Ohse Bricks & Mortar- Real Estate

    604 Derouen St, Lake Charles, LA 70607
  • /28

    $310,000

    • 2,272 Sq Ft

    606 N Grace St, Lake Charles, LA 70615

    Discover an exceptional income-producing property featuring two remodeled duplexes (a total of four 1-bedroom, 1-bath units) situated on the front parcel at 606 N. Grace. Each unit has been beautifully updated with new roofing, plumbing, and electrical systems, offering worry-free ownership with only a few minor finishing details left for the new owner to complete. Included in the sale is an

    Jen Johnson-Chiasson One Way Realty LLC

    606 N Grace St, Lake Charles, LA 70615
  • /9

    $249,500

    • 2,278 Sq Ft

    2727 3rd St Unit 1 & 2, Lake Charles, LA 70615

    INVESTMENT OPPORTUNITY! Duplex in Lake Charles centrally located. 3 bedroom and 2 baths. Currently used as an Air B&B. Property is furnished and all furniture is negotiable. They are in great shape and well maintained. Call for your showing today and add to your portfollio.

    Tony Cornner Century 21 Bono Realty

    2727 3rd St Unit 1 & 2, Lake Charles, LA 70615
  • /9

    $249,500

    • 2,278 Sq Ft

    2727 3rd St Unit 5, 6, Lake Charles, LA 70615

    INVESTMENT OPPORTUNITY! Duplex in Lake Charles centrally located. 3 bedroom and 2 baths. Currently used as an Air B&B. Property is furnished and all furniture is negotiable. They are in great shape and well maintained. Call for your showing today and add to your portfollio.

    Tony Cornner Century 21 Bono Realty

    2727 3rd St Unit 5, 6, Lake Charles, LA 70615
  • /18

    $265,000

    • 6 Beds
    • 4 Baths
    • 2,288 Sq Ft

    3217 Deaton St, Lake Charles, LA 70601

    4 Separate Rentals!! ALL CURRENTLY RENTED! GREAT AIRBNB or RENTALS in the heart of Lake Charles! This newly remodeled quadplex features two spacious 2-bedroom, 1-bath units and two cozy 1-bedroom, 1-bath units, each offering stylish modern updates and covered parking. With its central location, tenants will love the convenience of nearby shopping, dining, and entertainment. Perfect for investors,

    Morgan Denman Coldwell Banker Ingle Safari R

    3217 Deaton St, Lake Charles, LA 70601
  • /15

    $245,000

    • 3,423 Sq Ft

    1901 & 1901 1/2 Ethel St, Lake Charles, LA 70601

    Investor Opportunity – Home + Garage Apartment Near Downtown Lake Charles! Looking for a property with built-in rental income? This one checks all the boxes! Located just minutes from the downtown district of Lake Charles, this versatile property features a 3-bedroom, 2-bath main home PLUS a separate 1-bedroom, 1-bath garage apartment. The main home has been updated with granite countertops,

    Jo Ann Fisette CENTURY 21 Bessette Flavin

    1901 & 1901 1/2 Ethel St, Lake Charles, LA 70601
  • /51

    $250,000

    • 4,200 Sq Ft

    1114 Hodges St, Lake Charles, LA 70601

    Wonderful 1925 home has been converted into three apartments, two downstairs and one up, three parking places out front and two covered spaces in the back. Wood flooring and fresh paint! Post-Laura roof. Apartment ONE (790 s/f) has a living room with a fire place (for show only), 1 bedroom & 1 bathroom, and a kitchen with refrigerator & range-oven. Apartment TWO (1,530 sf) is upstairs and has

    Amanda Cox Compass-LC

    1114 Hodges St, Lake Charles, LA 70601
  • /10

    $179,000

    • 4,678 Sq Ft

    910 8th Ave, Lake Charles, LA 70601

    DRASTICALLY REDUCED PRICE! CASH FLOW OPPORTUNITY! ALL OFFERS WELCOME! Discover a unique investment opportunity in Central Lake Charles! This versatile commercial property offers a blend of business and residential potential, perfect for savvy investors and enterprising individuals. This property includes a well-appointed office space with 3 offices, a welcoming reception area, a practical

    Debbie LaFleur Century 21 Bono Realty

    910 8th Ave, Lake Charles, LA 70601
  • /15

    $274,900

    • 3,800 Sq Ft

    279 Victoria Dr, Lake Charles, LA 70611

    Outstanding investment opportunity in Moss Bluff! This well-maintained brick 4-plex features spacious 950 sq ft units with open floorplans, generous bedrooms, individual washer/dryer connections, and ample storage. With a strong rental history generating approximately $2975 monthly income, this property offers reliable cash flow. Tenants pay water, electric, and trash, while the owner covers a

    Robbie Ingle Coldwell Banker Ingle Safari R

    279 Victoria Dr, Lake Charles, LA 70611
  • /8

    $119,000

    • 3 Beds
    • 2 Baths
    • 1,539 Sq Ft

    1920 Evans St, Lake Charles, LA 70601

    This newly remodeled duplex features a brand-new roof and fully updated interiors in both units, offering modern finishes and turnkey investment appeal. Each unit is currently occupied with annual leases in place, ensuring immediate and stable rental income. With strong local employment from petrochemical plants, healthcare, and education sectors, this income-producing property presents a solid

    Tyson Letlow Coldwell Banker Ingle Safari R

    1920 Evans St, Lake Charles, LA 70601
  • /42

    $240,000

    • 3,456 Sq Ft

    643 11th St, Lake Charles, LA 70601

    Calling all investors, check out this triplex in Lake Charles in a great, downtown location. "This spacious unit is approximately 3456 sq ft living with a 3/1 unit in the front, 2/1 unit in the back and another 3/1 unit upstairs. There are multiple driveways with plenty of parking for tenants and tenants guests. Each unit comes with a fridge, range/oven, and washer/dryer hookups. The downstairs

    Krystal Steward One Way Realty LLC

    643 11th St, Lake Charles, LA 70601
  • /25

    $215,000

    • 3,000 Sq Ft

    1627 Bilbo St, Lake Charles, LA 70601

    Charming and well-maintained triplex in the heart of downtown Lake Charles! This fantastic income-producing property offers a unique blend of character, comfort, and versatility. The triplex features three thoughtfully designed units: a cozy one-bedroom unit with a spacious loft, perfect for added living or office space; a roomy two-bedroom unit ideal for tenants needing extra space; and a bright

    Chad Carroll Compass-LC

    1627 Bilbo St, Lake Charles, LA 70601
  • /9

    $763,000

    • 10,372 Sq Ft

    1301 Meadow Dr, Lake Charles, LA 70607

    Investment Portfolio with HIGH INCOME POTENTIAL cash flow! 9 total units for sale as a bundle. Well established tenant history on all units. Low monthly overhead on all units. All units located in Calcasieu Parish(Lake Charles, LA) and FLOOD X! Call today for more in depth analysis of cost benefits, etc. Don't miss this chance to expand your existing portfolio or get started in the income

    Wallace Myers Keller Williams Realty L C

    1301 Meadow Dr, Lake Charles, LA 70607
  • /10

    $919,000

    • 12,337 Sq Ft

    718 14th St, Lake Charles, LA 70601

    Investment Portfolio with HIGH INCOME POTENTIAL cash flow! 10 total units for sale as a bundle. Well established tenant history on all units. Low monthly overhead on all units. All units located in Calcasieu Parish(Lake Charles, LA) and FLOOD X! Call today for more in depth analysis of cost benefits, etc. Don't miss this chance to expand your existing portfolio or get started in the income

    Wallace Myers Keller Williams Realty L C

    718 14th St, Lake Charles, LA 70601
  • /10

    $649,000

    • 7,224 Sq Ft

    702 Sycamore St, Lake Charles, LA 70601

    Investment Portfolio with HIGH INCOME POTENTIAL cash flow! 9 total units for sale as a bundle. Well established tenant history on all units. Low monthly overhead on all units. All units located in Calcasieu Parish(Lake Charles, LA) and FLOOD X! Call today for more in depth analysis of cost benefits, etc. Don't miss this chance to expand your existing portfolio or get started in the income

    Wallace Myers Keller Williams Realty L C

    702 Sycamore St, Lake Charles, LA 70601
  • /7

    $120,000

    • 4 Beds
    • 2 Baths
    • 1,428 Sq Ft

    925 Gulf St, Lake Charles, LA 70601

    Duplex centrally located is Lake Charles. Rental history has been consistently occupied. Each unit has 2 bedrooms and 1 baths has 1428 total living area. Age is estimated. Call for showing and particulars today.

    Tony Cornner Century 21 Bono Realty

    925 Gulf St, Lake Charles, LA 70601
  • /27

    $219,000

    • 4 Beds
    • 4 Baths
    • 2,024 Sq Ft

    1847 Fox Run Dr Unit 1 & 2, Lake Charles, LA 70605

    Have you been searching for the PERFECT House Hacking Opportunity?? LOOK NO FURTHER!! Welcome to 1847 Fox Run Dr., a charming duplex nestled in the desirable Oak Creek Subdivision. This well-maintained property offers two spacious units, each featuring 2 bedrooms and 2 bathrooms, making it an ideal investment opportunity or multi-generational living space. With a total interior living area of

    Wallace Myers Keller Williams Realty Lake Ch

    1847 Fox Run Dr Unit 1 & 2, Lake Charles, LA 70605
  • /23

    $210,000

    • 14,997 Sq Ft

    3042 Opelousas St, Lake Charles, LA 70615

    Investors!!! Check out this remodeled triplex available in Lake Charles currently producing rental income. These are 1/1 units all completely renovated in 2024. They are spacious units with plenty of yard and parking. Each unit includes a fridge, stove, microwave, washer/dryer hookups, ceiling fans, mini splits, granite counter tops, etc. The area is partially fenced and there is potential to add

    Krystal Steward One Way Realty LLC

    3042 Opelousas St, Lake Charles, LA 70615
  • /14

    $250,000

    • 6 Beds
    • 4 Baths
    • 2,400 Sq Ft

    713 Bradley St, Lake Charles, LA 70607

    Calling investors! A great opportunity for an investment property walking distance to McNeese State University; rent is $1100 for one unit and $950 for the other. This duplex is located near shopping, schools, and is in Flood Zone X. Contact for you private showing.

    TALITHA PITRE Keller Williams Realty Lake Ch

    713 Bradley St, Lake Charles, LA 70607
  • /16

    $95,000

    • 1,530 Sq Ft

    1818 4th St, Lake Charles, LA 70601

    LOOKING FOR A GREAT DEAL ON A DUPLEX THATS READY FOR NEW RENTERS? Great opportunity to purchase a fully renovated duplex. Whether you're an investor looking for a profitable rental property or a first-time homebuyer looking for a place to call your own, this duplex is sure to impress. With its modern updates and convenient location, it's the perfect place to call home. This duplex has been

    Robbie Ingle Coldwell Banker Ingle Safari R

    1818 4th St, Lake Charles, LA 70601
  • /22

    $999,900

    • 10,872 Sq Ft

    408 E School St, Lake Charles, LA 70605

    This meticulously maintained complex features four identical duplex buildings, offering a total of eight rental units with proven income potential. Each thoughtfully designed duplex combines a spacious 3-bedroom, 2-bathroom unit with a complimentary 2-bedroom, 1-bathroom unit, maximizing rental appeal across different tenant needs. Currently operating at 100% occupancy, the property showcases

    408 E School St, Lake Charles, LA 70605
  • /20

    $1,470,000

    • 9,468 Sq Ft

    602 Penn St Unit 1-9, Lake Charles, LA 70601

    Welcome to a superb investment opportunity with this nearly new, well-maintained apartment complex! Built in 2023, this property features 9 modern, 2-bedroom, 2-bathroom units, each unit is 1,052 square feet. All 9 units currently leased, you'll benefit from immediate cash flow. The complex boasts low maintenance requirements, making it an ideal investment for those seeking a hassle-free

    KATY RADFORD Compass-LC

    602 Penn St Unit 1-9, Lake Charles, LA 70601
  • /25

    $219,900

    • 2,488 Sq Ft

    613 12th St, Lake Charles, LA 70601

    Exciting investment alert! Discover a practically brand-new duplex in the heart of Lake Charles, freshly rebuilt post-hurricane with all-new siding, roof, HVAC, electrical, plumbing, fixtures, cabinets, sheetrock, and paint. Each side of this stunning duplex features three spacious bedrooms and two bathrooms, making it perfect for families or roommates. Step inside to find modern design elements,

    613 12th St, Lake Charles, LA 70601
  • /41

    $339,000

    • 4,978 Sq Ft

    2712 Kirkman St, Lake Charles, LA 70601

    Prime multifamily/commercial opportunity on a 0.38 acre corner of Kirkman and Falls St. Includes 2712 Kirkman St (2331 sf, updated, ideal for event space or showroom), 735 Falls St (997.325 sf, 2BR/1BA, recently updated), and 735 1/2 Falls St (multi-level, 2BR/1BA apartment, 845 sf, with garage storage). Versatile spaces offer income potential and an excellent investment opportunity. Ample

    2712 Kirkman St, Lake Charles, LA 70601
  • /11

    $647,000

    • 8,911 Sq Ft

    2031 3rd St, Lake Charles, LA 70601

    Incredible opportunity alert! This 12-unit Apartment Complex is a fantastic deal, priced below its last appraisal of $780,000. The motivated seller is eagerly awaiting your offer! The complex consists of 8 units in the 2031 3rd building and 4 units in the 2033 3rd building. The 8-unit building boasts two stories, while the 4-unit building is a single-story structure with a porch at the rear and

    Robbie Ingle Coldwell Banker Ingle Safari R

    2031 3rd St, Lake Charles, LA 70601
  • /10

    $189,500

    • 2 Beds
    • 0.5 Baths
    • 1,256 Sq Ft

    5017 S Prien Lake Rd, Lake Charles, LA 70605

    Alexandra Duplechin Bricks & Mortar- Real Estate

    5017 S Prien Lake Rd, Lake Charles, LA 70605
  • /24

    $1,364,000 New Construction

    • 7,980 Sq Ft

    619 Clarence St, Lake Charles, LA 70601

    New Construction completed - Attention Investors! This 7-Unit Townhome Complex is located in the heart of Downtown Lake Charles, and offers the perfect blend of modern living and convenience. Each townhouse features 2 spacious bedrooms and 2 well-appointed bathrooms, with 1,140 square feet of high-quality, low-maintenance living space. Situated within the city limits, offering easy access to

    KATY RADFORD Compass-LC

    619 Clarence St, Lake Charles, LA 70601

Why Live in Lake Charles

Lake Charles combines Louisiana's natural beauty with rich cultural attractions along the Creole Nature Trail, a 180-mile scenic byway where visitors spot alligators and native birds. The city's only white-sand inland beach at North Beach provides a unique coastal experience, while Sam Houston Jones State Park features extensive hiking trails and camping areas. Entertainment options range from performances at the Lake Charles Symphony to gaming at the Golden Nugget and L'Auberge casinos. Local dining highlights include Area 337, ranked as the top restaurant on Yelp, and Crying Eagle Brewing's 15,000-square-foot facility with indoor and outdoor stages plus a landscaped beer garden.

The housing market in Lake Charles presents diverse options across distinct neighborhoods. The median sale price for homes sits at $232,000. Single-family homes in upscale Graywood command a median price of $525,000, while Margaret Place Historic District homes have a median price of $415,000. More affordable options exist in North Lake Charles with a median single-family home price of $74,000. Condominiums provide entry-level options, with one-bedroom units at a median price of $74,000 and two-bedroom units at $85,800.

Lake Charles maintains a cost of living 13% below the national average. A family with school-age children needs approximately $92,000 annually to live comfortably, while renters require about $47,000. The combined sales tax rate is 10.12%, including a 5% state rate and 5.12% local rate. Monthly grocery costs average $1,500 for families and $700 for renters. Education options include highly rated public schools like Prien Lake Elementary and private institutions such as St. Louis Catholic High School. McNeese State University serves as the city's primary higher education institution.

Home Trends in Lake Charles, LA

Housing Trends

Median Sale Price
$299,950
Median Single Family Sale Price
$305,000
Median Townhouse Sale Price
$212,500
Median 2 Bedroom Sale Price
$80,000
Median 1 Bedroom Sale Price
$68,300
Average Price Per Sq Ft
$145
Number of Homes for Sale
234
Last 12 months Home Sales
380
Months of Supply
7.40
Median List Price
$325,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
6%
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