602 Penn St, Unit 19

Lake Charles, LA 70601

$1,470,000
Price
2
Beds
2
Baths
9,468 Sq. Ft.
$155 / Sq. Ft.
9,468
Sq. Ft.
$155
per Sq. Ft.
Listed By Compass
Listed By Compass

Description

Welcome to a superb investment opportunity with this nearly new, well-maintained apartment complex! Built in 2023, this property features 9 modern, 2-bedroom, 2-bathroom units, each unit is 1,052 square feet. All 9 units currently leased, you'll benefit from immediate cash flow. The complex boasts low maintenance requirements, making it an ideal investment for those seeking a hassle-free property. With its prime location and modern amenities, this complex is a fantastic addition to any real estate...Welcome to a superb investment opportunity with this nearly new, well-maintained apartment complex! Built in 2023, this property features 9 modern, 2-bedroom, 2-bathroom units, each unit is 1,052 square feet. All 9 units currently leased, you'll benefit from immediate cash flow. The complex boasts low maintenance requirements, making it an ideal investment for those seeking a hassle-free property. With its prime location and modern amenities, this complex is a fantastic addition to any real estate portfolio. Don't miss out on this opportunity to acquire a near-new property with strong income potential! All measurements are more or less.

Listing Agents

  1. Katy Radford

    Katy Radford

    Listing Agent

    Compass

    katy.radford@compass.com

    P: (337)-304-3288

    CallTextEmail
  2. Harold Miller

    Harold Miller

    Alternative Listing Agent

    Compass

    harold.miller@compass.com

    P: (337)-802-5078

    CallTextEmail

Property Details for 602 Penn Street, Unit 19

Architectural Style
Cottage
View
No
LISTING UPDATED: 12/29/2025 04:17 PM

Property Details for 602 Penn Street, Unit 19

StatusActive
MLS #SWL24005554
Days on Market522
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built2023
CountyCalcasieu Parish

Location

Add your commute

Building Information for 602 Penn Street, Unit 19

Building/Complex602 Penn StFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built2023Building Size-

Payment Calculator

$7,165 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,165

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 602 Penn Street, Unit 19

Summary
Location and General Information
  • City: Lake Charles
  • Country: US
  • Country Subdivision: 22019
  • Directions: From 210 head north on Lake Street, turn right on 18th, turn left on Creole St, and the apartments are located on the corner of Creole St & Penn St
  • Latitude: 30.21
  • Longitude: -93.23
  • MLS Area Major: Other
  • Postal City: Lake Charles
  • Postal Code: 70601
  • Street Number Numeric: 602
Taxes and HOA
  • Additional Parcels: No
  • Tax Block: 11
  • Tax Legal Description: 2422 CREOLE ST- SOUTH 1/3 LOT 1 BLK 11 BARBE ADD LESS S 20 FT THEREOF AND LESS N 100 FT THEREOF LESS BEG 20 FT N OF SE COR LOT 1 BLK 11 BARBE ADD, W 178 FT TO PT OF COM, W 173 FT, N 01 DEGS E 151.20 FT, E 173 FT, S 01 DEGS W 151.20 FT TO COM .60 ACS M/L REF1-DON T LYONS B 2897 P 71-01 REF2-LYONS, ROBERT S B 3046 P 294-03
  • Tax Lot: 1
Parking
  • Open Parking: No
Property
Lot Information
  • Building Area Total: 9468.0
  • Common Walls: OneCommonWall
  • Lot Features: CornerLot, CityLot
  • Lot Size Dimensions: 150x176
  • Lot Size Units: Acres
  • Number Of Buildings: 4
  • Property Condition: Turnkey
Property and Assessments
  • Builder Name: SWLA Constructors
  • New Construction: No
  • Parcel Number: 00380903
  • Property Sub Type: Apartment
  • Property Type: ResidentialIncome
  • Year Built: 2023
  • Year Built Source: SeeRemarks
  • Photos Count: 20
Utilities
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 9
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Feature
  • Pool Private: No
  • Building Features: Appliances
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Property Attached: Yes
  • Roof: Shingle
Interior Features
  • Appliances: Dishwasher, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator, Dryer, Washer
  • Cooling: CentralAir
  • Cooling: Yes
  • Fireplace Features: None
  • Fireplace: No
  • Heating: Central, Electric
  • Heating: Yes
  • Laundry Features: Inside
  • Spa: No
  • Stories Total: 2
Multi Family
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gardener Expense: $1,920.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $10,260.00
  • Net Operating Income: $.00
  • New Taxes Expense: $10,000.00
  • Operating Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Area: 1052.0
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Garage Spaces: 2.00
  • Unit Type Total Rent: $.00
  • Unit Type Type: OneBedroom
  • Unit Type Units Total: 9
Rental
Rental Information
  • Land Lease: No
  • Lease Considered: No
  • Rent Control: No

Property History for 602 Penn Street, Unit 19

DateEvent & SourcePriceAppreciation
Mar 18, 2025

Price Change

SWLAOR MLS #SWL24005554

$1,470,000—
Sep 16, 2024

Listed (Active)

SWLAOR MLS #SWL24005554

$1,475,000—
DateEvent & SourcePrice
03/18/2025

Price Change

SWLAOR MLS #SWL24005554

$1,470,000
09/16/2024

Listed (Active)

SWLAOR MLS #SWL24005554

$1,475,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 602 Penn Street, Unit 19

This home is within Calcasieu Parish School District.
Rating
School
Type
Grades
Distance
Barbe Elementary School
Public - PK to 5
S. J. Welsh Middle School
Public - 6 to 8
Lagrange High School
Public - 9 to 12
T. S. Cooley Elementary Magnet School
Public - K to 5
Rating
School
Distance
Barbe Elementary School
PublicPK to 5

S. J. Welsh Middle School
Public6 to 8

Lagrange High School
Public9 to 12

T. S. Cooley Elementary Magnet School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 602 Penn Street, Unit 19, Lake Charles, LA 70601

602 Penn Street, Unit 19 is a multi-family home for sale in Lake Charles, LA 70601. This property was listed for sale on September 17, 2024 by Compass, it's currently listed at $1,470,000. This listing's school district is Calcasieu Parish School District. Nearby schools include Barbe Elementary School, S. J. Welsh Middle School and Lagrange High School. 602 Penn Street, Unit 19 is a 2-bed, 2-bath, 9,468 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. IDX information is provided exclusively 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. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.