USALALake Charles1561 Ham Reid Rd
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1561 Ham Reid Rd, Lake Charles, LA

Real Estate

For Sale

Listed price in listed location currency (USD).
$595,000

000

MLS® 3537

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 1
Lot Size 0.87 acres
Approx. Age 
MLS® Number 3537

Property Address: 1561 Ham Reid Rd, Lake Charles, LA, 70605-5232

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey income-producing property with approved expansion potential — generate cash flow today while positioned to grow from 4 doors to 12 doors with infrastructure already in place. Fully occupied and built in 2021, this exceptional investment opportunity features two duplexes (4 total units) situated on approximately one acre, offering immediate income with significant future upside. Each unit provides approximately 1, 000 square feet with 2 bedrooms and 2 bathrooms, functional modern layouts, standard kitchen appliances, and ample parking for tenants. The property is currently generating $48, 000 in annual gross income with operating expenses of approximately $12, 360, delivering strong in-place cash flow from day one. Separate electrical meters are in place, with one shared water meter serving the property. What truly sets this investment apart is the development readiness. The property is already zoned and approved for four additional duplexes, allowing expansion to a total of 12 doors. A major cost savings to the next owner is the installed sewer system sized for full build-out, along with electrical and plumbing infrastructure already pre-run to accommodate future units — dramatically reducing development costs, timelines, and risk. This rare opportunity allows an investor to acquire stabilized income while strategically expanding and increasing rental revenue over time. Ideal for investors seeking a combination of immediate returns, scalability, and long-term portfolio growth. Rent roll, operating expense details, and additional development information available upon request through listing agent.
MLS® Number3537
Laundry LevelInside
Central VacNo
FireplaceNo
Acreage0.87
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 24, 2026List Date
$595,000List Price
  • Commute

Commute

Starting Address
Destination Address
1561 Ham Reid Rd, Lake Charles, LA

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