1301 Meadow Dr Lake Charles, LA 70607
Estimated payment $4,300/month
About This Home
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 property space.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $443
Home Design
- 10,372 Sq Ft Home
- Siding
Utilities
- Central Heating and Cooling System
- Multiple Heating Units
Listing and Financial Details
- Tax Lot 34
Community Details
Overview
- 8 Buildings
- 9 Units
- Sunset Acres Part 3 Subdivision
Building Details
- Insurance Expense $15,232
- Maintenance Expense $8,888
- Professional Management Expense $6,456
- Operating Expense $31,902
- Gross Income $96,858
- Net Operating Income $64,956
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $443 | $4,570 | $1,350 | $3,220 |
| 2023 | $443 | $4,570 | $1,350 | $3,220 |
| 2022 | $460 | $4,570 | $1,350 | $3,220 |
| 2021 | $402 | $4,570 | $1,350 | $3,220 |
| 2020 | $431 | $4,200 | $1,300 | $2,900 |
| 2019 | $438 | $4,180 | $1,250 | $2,930 |
| 2018 | $443 | $4,180 | $1,250 | $2,930 |
| 2017 | $442 | $4,180 | $1,250 | $2,930 |
| 2016 | $445 | $4,180 | $1,250 | $2,930 |
| 2015 | $439 | $4,180 | $1,250 | $2,930 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | For Sale | $763,000 | -- | $74 / Sq Ft |
Source: REALTOR® Association of Acadiana
MLS Number: 2020024383
APN: 00399698
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.
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