$1,120,000

1711 Bilbo St Lake Charles, LA 70601

Estimated payment $5,901/month

Total Views 1,360
-- Bed
-- Bath
7,464 Sq Ft
$150 Price per Sq Ft

Highlights

  • High Ceiling
  • Neighborhood Views
  • Park
  • Granite Countertops
  • Bathtub with Shower
  • 3-minute walk to Lock Park

About This Home

Investment opportunity awaits in the heart of downtown Lake Charles with this newly constructed multi-family property. Built in 2024, the package includes four spacious units, thoughtfully designed with high ceilings, 4 bedrooms, 3 baths, and an attached double-car garage. All units are equipped with a dishwasher, refrigerator, electric range, microwave, and washer/dryer hookups. Each unit is individually metered for water and electricity, with tenants responsible for their own utilities. Currently leased at $1,800 per month per unit generating $84,000 in annual gross income, the property offers strong rental income in a prime location just moments from downtown amenities, dining, shopping, and a city park.

Listing Agent

TONI ALEXANDER

Century 21 Bono Realty Brokerage Phone: 337-802-6630 License #995688203 Listed on: 09/15/2025

Century 21 Bono Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • 2024

Lot Details

  • Lot Dimensions are 230 x 100
  • No Common Walls
  • Wood Fence

Home Design

  • Updated or Remodeled
  • Slab Foundation
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • Bathtub with Shower
  • High Ceiling
  • Ceiling Fan
  • Neighborhood Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • City Lot

Community Details

Overview

  • Granger Sub Subdivision

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Water Meters
  • Insurance Expense $6,800
  • New Taxes Expense $5,200
  • Operating Expense $4,800
  • Gross Income $90,000
  • Net Operating Income $73,000

Townhouse Details

Home Type

Townhome

Year Built

2024

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Property Type: Residential Income
  • Community Features: Park, Street Lights, Sidewalks
  • Reso Fencing: Fenced, Wood
  • Lot Features: 0-1 Unit/Acre, City Lot, Paved
  • LotSizeAcres: 0.53
  • Lot Size: 230 x 100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • SpaFeatures: None
  • View: Neighborhood
  • Has View?: No
  • Co List Office Phone: 337-478-1578
  • Special Conditions: Standard
  • Subdivision Name: GRANGER SUB
  • Directions: From Ryan St, east on 7th St, south on Bilbo. Property on the left.
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Property Attached Yn: No
  • PropertySubTypeAdditional: Townhouse
  • DaysOnMarketReplicationIncreasingYN: Yes
  • CurrentPrice: 1120000.0
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 2024

Interior Features

  • Number Of Buildings: 4
  • Private Spa: No
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
  • Fireplace Features: None
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Kitchen/Family Room Combo, Pantry, Tub Shower

Exterior Features

  • Pool Features: None
  • Has Private Pool?: No
  • Common Walls: No Common Walls
  • Construction Type: Drywall, Hardboard
  • Exterior Features: Fence
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Green Building Features: Appliances
  • Cooling: Central Air
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.53
  • Additional Parcels: No
  • Zoning Description: Residential

Rental Info

  • Rent Control: No

Multi Family

  • Annual Gross Income: 90000.0
  • Insurance Expense: 6800.0
  • Property Net Operating Income: 73000.0
  • Annual Operating Expense: 4800.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 4

Tax Info

  • New Taxes Expense: 5200.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $178 $1,490 $1,490 $0
2023 $170 $1,490 $1,490 $0
2022 $281 $2,440 $1,490 $950
2021 $0 $2,440 $1,490 $950
2020 $283 $2,190 $1,430 $760
2019 $313 $2,330 $1,380 $950
2018 $263 $2,330 $1,380 $950
2017 $265 $2,330 $1,380 $950
2016 $263 $2,330 $1,380 $950
2015 $263 $2,330 $1,380 $950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2025 09/15/25 For Sale $1,120,000 -- $150 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL25101136

APN: 00753483

Louisiana Calcasieu Parish Lake Charles 70601

1711 Bilbo St, Lake Charles, LA

For Sale

Townhouses

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Nearby Homes
TONI ALEXANDER
Listing Agent
TONI ALEXANDER
Section Image
Century 21 Bono Realty
(337) 337-2199