$199,000
PENDING $81K PRICE DROP

705 E Russell Ave Welsh, LA 70591

Estimated payment $1,242/month

Total Views 1,608
-- Bed
-- Bath
3,250 Sq Ft
$61 Price per Sq Ft

Highlights

  • Energy-Efficient Appliances
  • Central Heating and Cooling System
  • Rectangular Lot
  • Welsh High School Rated A-

About This Home

INSTANT CASH FLOW! CALLING ALL INVESTORS! Fantastic investment opportunity! This fully rented four-unit property in Welsh generates $2,550 in monthly income. Each unit features 2 bedrooms, 1 bath, washer/dryer hookups, new roofs, and durable vinyl plank flooring. A great turnkey property for immediate cash flow! All measurements are M/L.

Listing Agent

Jessi Foreman

Coldwell Banker Ingle Safari R License #995708705 Listed on: 03/11/2024

Coldwell Banker Ingle Safari R

Property Details

Home Type

  • Condominium

Year Built

  • 1960

Home Design

  • Slab Foundation
  • Asbestos Shingle Roof

Interior Spaces

  • 1-Story Property
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop

Additional Features

  • Energy-Efficient Appliances
  • City Lot
  • Central Heating and Cooling System

Community Details

Overview

  • 4 Units
  • Naebors Sub Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Water Meters
  • Gross Income $28,800

Property Details

Home Type

Condominium

Year Built

1960

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Features: City Lot, Rectangular Lot
  • Lot Size: 22,651/0.52
  • Has View?: No
  • Co List Office Phone: 337-478-1601
  • Special Conditions: Standard
  • Subdivision Name: Naebors Sub
  • Directions: US HWY 90 From Lake Charles head East on I-10 to Welsh, take exit 54 right onto LA-99 S/N Adams St. turn left onto Highway 90/East
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Unit Levels: One
  • Is New Construction?: No
  • Property Attached Yn: No
  • PropertySubTypeAdditional: Apartment
  • DaysOnMarketReplicationIncreasingYN: No
  • PreviousStandardStatus: Active
  • CurrentPrice: 199000.0
  • Special Features: VirtualTour
  • Year Built: 1960

Interior Features

  • Number Of Buildings: 4
  • Private Spa: No
  • Appliances: Electric Cooktop, Electric Oven
  • Stories: 1

Exterior Features

  • Has Private Pool?: No
  • Foundation Details: Slab
  • Roof: Asbestos Shingle

Garage/Parking

  • Has Open Parking?: No

Utilities

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

Lot Info

  • Land Lease: No
  • Additional Parcels: No

Rental Info

  • Rent Control: No

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 28800.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 4

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2025 11/16/25 Pending -- -- --
10/30/2025 10/30/25 Price Changed $199,000 -28.8% $61 / Sq Ft
03/11/2024 03/11/24 For Sale $279,500 -- $86 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL24001440

APN: 660010350

Louisiana Jeff n Davis Parish Welsh 70591

705 E Russell Ave, Welsh, LA

Pending

Condos

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Nearby Homes
Listing Agent
Jessi Foreman
Section Image
Coldwell Banker Ingle Safari R
(337) 607-4756