606 N Grace St Lake Charles, LA 70615
Estimated payment $1,940/month
Highlights
- Traditional Architecture
- Cooling System Mounted To A Wall/Window
- Accessible Parking
- Neighborhood Views
- Laundry Room
- Stacked Washer and Dryer
About This Home
Discover an exceptional income-producing property featuring two remodeled duplexes (a total of four 1-bedroom, 1-bath units) situated on the front parcel at 606 N. Grace. Each unit has been beautifully updated with new roofing, plumbing, and electrical systems, offering worry-free ownership with only a few minor finishing details left for the new owner to complete. Included in the sale is an additional adjoining 3⁄4-acre parcel, already cleared and approved by the City for up to 18 additional units—the perfect opportunity for an investor or developer to expand and create a 20-unit multifamily complex. Located in Flood Zone X, this property typically does not require flood insurance, adding to its long-term affordability and appeal. With immediate rental income from the existing duplexes and incredible growth potential on the adjoining land, this property is ideal for both seasoned investors and first-time multifamily developers looking to grow their portfolio in a high-demand area of Lake Charles. Photos are virtually staged.
Listing Agent
One Way Realty LLC Brokerage Phone: 337-263-5295 License #995700517 Listed on: 10/27/2025
Property Details
Home Type
- Multi-Family
Year Built
- 2010
Lot Details
- 1.15 Acre Lot
- Two or More Common Walls
- Back Yard
- 00411701
Parking
- 4 Open Parking Spaces
Home Design
- Duplex
- Traditional Architecture
- Slab Foundation
- Asphalt Roof
- Hardboard
Interior Spaces
- 1-Story Property
- Neighborhood Views
Laundry
- Laundry Room
- Stacked Washer and Dryer
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Cable TV Available
Additional Features
- Accessible Parking
- City Lot
Listing and Financial Details
- Tax Block 2
Community Details
Overview
- 4 Units
- Ryan Subdivision
Building Details
- 4 Separate Electric Meters
- 4 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/27/2025 10/27/25 | For Sale | $310,000 | +148.0% | $136 / Sq Ft | |
| 02/01/2017 02/01/17 | Sold | -- | -- | -- | View Prior Sale |
| 01/20/2017 01/20/17 | Pending | -- | -- | -- | |
| 06/22/2015 06/22/15 | For Sale | $125,000 | -- | $57 / Sq Ft |
Source: Southwest Louisiana Association of REALTORS®
MLS Number: SWL25101859
APN: 270908-1673- 001602 0000
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