408 E School St Lake Charles, LA 70605
Estimated payment $6,570/month
Highlights
- Traditional Architecture
- Granite Countertops
- Beamed Ceilings
- High Ceiling
- Lawn
- Bathtub with Shower
About This Home
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 strong rental performance with tenants covering all utilities. Each unit comes complete with three dedicated parking spaces and private wooden fencing, providing desirable tenant amenities. The complex demonstrates outstanding upkeep throughout its 20-year history, with significant capital improvements including roof replacements across all buildings within the past 8 years. This turnkey investment property presents an ideal opportunity for investors seeking a well-maintained, multi-unit complex with strong rental history.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 1.02 Acre Lot
- Lot Dimensions are 138x326x138x312
- 1 Common Wall
- East Facing Home
- Privacy Fence
- Wood Fence
- Lawn
- Back Yard
- 01096753, 01228021
Parking
- Parking Available
Home Design
- Duplex
- Traditional Architecture
- Turnkey
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- Bathtub with Shower
- 2-Story Property
- Beamed Ceilings
- High Ceiling
- Laundry Room
Kitchen
- Electric Range
- Dishwasher
- Granite Countertops
- Laminate Countertops
Additional Features
- Shed
- Central Heating and Cooling System
Listing and Financial Details
- Exclusions: refrigerators, washers, dryers
- Assessor Parcel Number 00753262
Community Details
Overview
- 4 Buildings
- 8 Units
- 10,872 Sq Ft Building
Amenities
- Laundry Facilities
Building Details
- 8 Separate Electric Meters
- 8 Separate Water Meters
- Gross Income $8,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Price Changed | $999,900 | -9.1% | -- |
| 10/28/2024 10/28/24 | For Sale | $1,100,000 | -- | -- |
Source: Greater Southern MLS
MLS Number: SWL24006348
APN: 01228021
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