$199,000
SOLD JAN 5, 2026
Last list price

705 E Russell Ave Welsh, LA 70591

-- Bed
-- Bath
3,250 Sq Ft
1960 Built

Recently Sold

$61 Per Sq Ft

615 Days on Market

Highlights

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

About This Home

As of January 2026

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.

Last Agent to Sell the Property

Jessi Foreman

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

Coldwell Banker Ingle Safari R

Last Buyer's 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 Sq Ft Lot

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: Pending
  • CurrentPrice: 200000.0
  • 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
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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
01/05/2026 01/05/26 Sold -- -- --
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®

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 $1,227 $14,400 $900 $13,500
2023 $1,076 $14,400 $900 $13,500
2022 $1,076 $14,400 $900 $13,500
2021 $1,076 $14,400 $900 $13,500
2020 $1,076 $14,400 $900 $13,500
2019 $1,013 $13,300 $900 $12,400
2018 $1,161 $13,300 $900 $12,400
2017 $1,022 $11,700 $900 $10,800
2015 $948 $10,900 $900 $10,000
2014 $949 $10,900 $900 $10,000
2013 $971 $10,900 $900 $10,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2026

    Jessi Foreman

    Coldwell Banker Ingle Safari R

    (337) 912-5801

    1 in this area

    10 Total Sales

    Jessi Foreman
    Section Image
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Map

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL24001440

APN: 660010350

Louisiana Jefferson Davis Parish Welsh 70591

705 E Russell Ave, Welsh, LA

Sold

Condos

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