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1019 Common StreetLake Charles, LA 70601

Offered At
$255,000
For Sale · Active
Bedrooms
Bathrooms
sq ft
Living Area
0.24 ac
Lot Size
1960
Year Built
/sf
Price / SqFt
about this home

About this home

Garden District Investment Opportunity | 6 Income-Producing Units Near Downtown Positioned within the established Garden District, this multi-unit property offers a rare opportunity to acquire a well-maintained, income-producing asset just minutes from the heart of downtown. The property consists of a two-story, five-unit main structure (1019 Common St.), complemented by a detached one-bedroom, one-bath residence (1019 ½ Common St.), bringing the total to six rentable units. Each unit within the main building features a 1-bedroom, 1-bath layout, while the detached rear home provides additional flexibility and consistent rental appeal. Investment Highlights: Proven long-term rental history with steady occupancy 6 total units (5-plex + detached single-family unit) Majority of units currently leased (Units 0, 1, 3, 4, 5 + rear home) Central upstairs laundry area accessible to tenants Additional upstairs room with potential for office, storage, or future value-add opportunity Spacious rear parking area for tenant convenience Recent exterior paint and ongoing interior and exterior improvements over the past several years This property has been consistently utilized as a rental and presents a strong foundation for investors seeking immediate income with upside potential. Whether you’re expanding a portfolio or entering the investment space, this location and layout provide both stability and opportunity in one of the area’s most recognized neighborhoods. Agent remarks and additional details available in private notes.

the details

Property details

Property TypeMultifamily
Stories2
HeatingCentral
CoolingCentralAir
RoofShingle
CountyCalcasieu
Annual Taxes$1,530 (est.)
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Estimated Monthly
$1,651/mo
Principal & Interest$1,323
Property Taxes$128
Insurance$200
Channing Moore
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the neighborhood

Location

1019 Common Street, Lake Charles, LA 70601Open in Google Maps

Location shown is approximate. The Land & Home Group.

Listing provided courtesy of Real Broker, LLC
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Gary Sanders8 months ago
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We can't recommend Lauren enough! From our very first meeting she was professional, knowledgeable, and genuinely committed to helping us find the perfect home. She took the time to understand what we were looking for.
Heather Johnson10 months ago
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If you are looking for a realtor in the Southwest Louisiana area we highly recommend Lauren. From our first meeting through the conclusion of our purchase she was always available to talk or meet. She is honest and dependable.
John Gailey Bolfing10 months ago
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Lauren is great! She made us feel comfortable with the process and, while being professional, was also very personable. Thank you, Lauren, for helping us sell our parents' home with affection!
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Erica Duhon1 year ago
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