$175,000
$50K PRICE DROP

3069 Old Town Rd Lake Charles, LA 70615

Estimated payment $1,052/month

Total Views 172
-- Bed
-- Bath
3,484 Sq Ft
$50 Price per Sq Ft

About This Home

Attention, Investors! Uncover a Triplex Treasure!! Dive into an incredible investment opportunity with this multifamily opportunity, boasting 3 spacious units on nearly an acre--ripe for potential expansion! Seller has kept units vacant to show property so its ready for your viewing pleasure. Explore each unit: Front: A cozy 2-bedroom, 2-bath setup, Side unit is another 2-bedroom beauty with a full bath, upstairs unit is also 2-bedroom, 1-bath space. There is also a 4th old wooden cottage that could be restored and provide more income on property. After the storms of 2020, this property bounced back strong with new roofs and some tasteful updates. The asking price is an absolute steal--well below its last appraisal value! With a history of happy renters, the promise of a rewarding return is right at your fingertips.

Listing Agent

Robbie Ingle

Coldwell Banker Ingle Safari Realty License #912122392 Listed on: 09/04/2024

Coldwell Banker Ingle Safari Realty

Map

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,209

Year Built

1970

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Size: 183 x 152.56 x 336.06 x 116.91
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Co List Office Mls Id: 67
  • Co List Office Phone: 337-478-1601
  • Directions: Travel down Highway 3059 towards Old Town Road and Luke Powers Road. Take a right turn onto Old Town Rd. Property is located on the left hand side of the road.
  • Property Attached Yn: Yes
  • Special Features: VirtualTour
  • Year Built: 1970

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Appliances: Dishwasher, Electric Range, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater
  • Fireplace Features: None
  • Stories: 2
  • Stories: 2

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Other Structures: Guest House Detached
  • Property Condition: Fixer
  • Roof: Shingle

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside
  • Green Building Features: Appliances
  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
  • Heating Yn: Yes
  • Electric: Electricity - On Property
  • Sewer: Private Sewer
  • Utilities: Electricity Available, Sewer Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34968.0
  • Land Lease Expiration Date: 2025-12-31
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 2135.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Range of Values:

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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 $1,209 $10,130 $810 $9,320
2023 $1,209 $10,130 $810 $9,320
2022 $1,217 $10,130 $810 $9,320
2021 $1,323 $10,130 $810 $9,320
2020 $1,234 $9,170 $780 $8,390
2019 $1,481 $10,070 $750 $9,320
2018 $1,363 $10,070 $750 $9,320
2017 $1,270 $10,070 $750 $9,320
2016 $1,276 $10,070 $750 $9,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Price Changed $175,000 -22.2% $50 / Sq Ft
09/04/2024 09/04/24 For Sale $225,000 -- $65 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $159,000 Landmark Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 Future Advance Clause Open End Mortgage
Source: Public Records

Similar Home in Lake Charles, LA

See All Homes in Lake Charles

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL24005095

APN: 01028219

Louisiana Calcasieu Parish Lake Charles 70615

3069 Old Town Rd, Lake Charles, LA

This home is located at 3069 Old Town Rd, Lake Charles, LA 70615 and is currently priced at $175,000, approximately $50 per square foot. This property was built in 1970. 3069 Old Town Rd is a home located in Calcasieu Parish with nearby schools including Combre-Fondel Elementary School, Ray D. Molo Middle School, and Washington-Marion Magnet 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.

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Robbie Ingle
Listing Agent
Robbie Ingle
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Coldwell Banker Ingle Safari Realty
(337) 495-4050