$763,000

1301 Meadow Dr Lake Charles, LA 70607

Estimated payment $4,066/month

Total Views 4,021
-- Bed
-- Bath
7,616 Sq Ft
$100 Price per Sq Ft

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! Please contact listing agent for more in depth analysis of cost benefits, etc. All units currently tenant occupied and showings must be scheduled in advance by appointment only with listing agent present for access. Don't miss this chance to expand your existing portfolio or get started in the income property space.

Listing Agent

Wallace Myers

Keller Williams Realty Lake Ch Brokerage Phone: (337) 368-7553 License #995690656 Listed on: 05/28/2025

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$443

Year Built

1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Lot Size: 68 X 112
  • Professional Management Expense: 6852.0
  • Co List Office Mls Id: 191
  • Co List Office Phone: 337-433-1171
  • Subdivision Name: SUNSET ACRES
  • Directions: https://www.google.com/maps/d/editmid=1VFIqA3BVN7y8EkGCEXVT_GFns2NlZ94&usp=sharing
  • Property Attached Yn: No
  • Special Features: VirtualTour
  • Year Built: 1970

Interior Features

  • Number Of Buildings: 7
  • Private Spa: No
  • Fireplace Features: None
  • Stories: 1
  • Stories: 1

Utilities

  • Cooling: Central Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7616.0
  • Land Lease Expiration Date: 2025-12-31
  • Additional Parcels Description: 00335932,00378321,00326488,00439614,00408808,00387282
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Number Of Units Total: 9
  • Insurance Expense: 15232.0
  • Property Net Operating Income: 64956.0
  • Annual Operating Expense: 31902.0
  • Total Actual Rent: 8250.0
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Water Meters: 9

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $763,000 -- $100 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL25003103

APN: 00399698

Louisiana Calcasieu Parish Lake Charles 70607

1301 Meadow Dr, Lake Charles, LA

This home is located at 1301 Meadow Dr, Lake Charles, LA 70607 and is currently priced at $763,000, approximately $100 per square foot. This property was built in 1970. 1301 Meadow Dr is a home located in Calcasieu Parish with nearby schools including Brentwood Elementary School, F.K. White Middle School, and LaGrange High School.

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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Nearby Homes
Listing Agent
Wallace Myers
Keller Williams Realty Lake Ch