NOT LISTED FOR SALE

705 E Russell Ave Welsh, LA 70591

Estimated Value: $199,000

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

Sale Details

Date Sold: January 5, 2026

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Jan 5, 2026
Sold by
Bought by
Seller's Agent
Jessi Foreman
Coldwell Banker Ingle Safari R
Buyer's Agent
Jessi Foreman
Coldwell Banker Ingle Safari R
List Price
$279,500
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.0626%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
0.0393%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$200,000 First American Title
$140,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $150,000
Closed $133,497
Closed $152,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,231 $14,400 $900 $13,500
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

    28 Total Sales

    Jessi Foreman
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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

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