1561 Ham Reid Rd Road, Lake Charles, LA 70605
Local realty services provided by:CENTURY 21 Delia Realty Group
1561 Ham Reid Rd Road,Lake Charles, LA 70605
$575,000Last list price
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: danette mcmanus
Office: real broker, llc.
MLS#:SWL26000822
Source:LA_SWLAR
Sorry, we are unable to map this address
Price summary
- Price:$575,000
About this home
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. Duplexes have two addresses - 1561 Ham Reid unit 1 and 2 - 1559 Ham Reid unit 1 and 2....
Contact an agent
Home facts
- Year built:2021
- Listing ID #:SWL26000822
- Added:112 day(s) ago
- Updated:June 17, 2026 at 06:58 AM
Heating and cooling
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2021
- Lot Features:City Lot
- Architectural Style:Traditional
- Construction Materials:Brick
- Foundation Description:Slab
Utilities
- Water:Public
Finances and disclosures
- Price:$575,000
Features and amenities
- Amenities:Ceiling Fans
New listings near 1561 Ham Reid Rd Road
- New
$150,000Active5.56 Acres118 Belle Savane Road, Lake Charles, LA 70607
MLS# SWL26002817Listed by: EXIT REALTY SOUTHERN - New
$615,000Active4 beds 3 baths3,044 sq. ft.219 Shell Beach Rd, Lake Charles, LA 70601
MLS# BR2026011064Listed by: CENTURY 21 BONO - New
$2,100,000Active7 beds 7 baths8,045 sq. ft.5644 Lutte Tigre Ln Lane, Lake Charles, LA 70605
MLS# SWL26002816Listed by: KAY PROPERTY MANAGEMENT & REAL ESTATE CONSULTING - New
$189,500Active3 beds 2 baths2,376 sq. ft.2679 Southern Drive, Lake Charles, LA 70611
MLS# SWL26002812Listed by: CENTURY 21 BONO REALTY - New
$213,112Active3 beds 2 baths1,866 sq. ft.1718 Asbury Road, Lake Charles, LA 70611
MLS# SWL26002814Listed by: CICERO REALTY, LLC - New
$599,900Active3 beds 3 baths2,558 sq. ft.122 Grove St, Lake Charles, LA 70601
MLS# BR2026011058Listed by: CENTURY 21 BONO - New
$101,300Active0.28 Acres3418 Patrick Street, Lake Charles, LA 70605
MLS# SWL26002805Listed by: EXECUTIVE PROPERTIES, LLC - New
$3,936,450Active118.38 AcresTBD W Tank Farm Road W, Lake Charles, LA 70605
MLS# SWL26002807Listed by: MOFFETT REALTY, LLC - New
$38,500Active0.15 Acres633 Louie Street, Lake Charles, LA 70601
MLS# SWL26002808Listed by: EXECUTIVE PROPERTIES, LLC - New
$69,000Active1.32 Acres1067 Zoe's Court, Lake Charles, LA 70605
MLS# SWL26002809Listed by: COMPASS-LC