408 E School Street Lake Charles, LA 70605
Listing Courtesy of: GREATER SOUTHERN MLS - IDX / Keller Williams Realty Lake Ch

  408 E School Street Lake Charles, LA 70605

Active
$999,900
10,872
SQFT

Description

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.

MLS #:
SWL24006348
Lot Size
1.02 acres
Type
Multifamily
Year Built
1970
Style
Traditional
County
Calcasieu Parish

Listed By

Haley Bonin, Keller Williams Realty Lake Ch
Source
GREATER SOUTHERN MLS - IDX
Last checked Jul 14 2025 at 5:35 PM GMT-0500
Bathroom Details
Interior Features
  • Beamed Ceilings
  • Granite Counters
  • High Ceilings
  • Laminate Counters
  • Tub Shower
  • Laundry: Inside
  • Laundry: Laundry Room
  • Dishwasher
  • Electric Range
Lot Information
  • Back Yard
  • City Lot
  • Lawn
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Electric
  • Central Air
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Sewer Connected, Water Connected, Water Source: Public
  • Sewer: Public Sewer
Parking
  • Concrete
Stories
  • 2
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 23, 2025
Price Changed
$999,900
-9%
-100,100
Oct 28, 2024
Original Price
$1,100,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Bono Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Greater Southern MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/14/25 10:35