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109 S Franklin St, Lake charles, LA, 70601

2beds
2baths
21,863sqft
$55,000
$3price/sqft
$2,132/moest. monthly cost
$85,280/yrincome needed

About This Home

Two - 1 bed 1bath house on a half acre parcel of land in North Lake Charles. There is space available on the north side of this lot for additional development. These houses are in fair condition and are being sold "as-is". Seller will not make any repairs. All measurements are estimated and to be verified by the buyer. 24-48 hour notice required for all showings.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1960

Type & Style

  • Home type: MultiFamily
  • Property subType: Single Family Residence,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Cooling

  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 21,863
  • Total interior livable area: 21,863 sqft

Property

Details

  • Parcel number: 01330900
  • Special condition: Standard

Features

  • Fencing: None

Lot

  • Lot size: 0.47 Acres
  • Features: Regular Lot
  • Lot size dimensions: 218 x 98 x 219 x 95

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Cold Wave
Tornado

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $278$3,336
Home Insurance *$180$2,160
Property Taxes $21$252
Electricity $1,653$19,836
Total$2,132$25,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,097/yr
40% on housing$63,960/yr
45% on housing$56,853/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.0%
16.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$3This listing

vs Other Active Listings

Avg $/sqft

ZIP 70601$88
Calcasieu Parish$112

vs Homes Sold Last Month

Median $/sqft

ZIP 70601$72
Calcasieu Parish$127

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$55,000
2025-06-26Listed for sale$55,000
2020-01-01Listing removed$126,000
2019-08-28Listed for sale$126,000
2019-08-15Pending sale$126,000
2019-07-17Listed for sale$126,000
2019-06-24Pending sale$126,000
2019-06-10Listed for sale$126,000

For Sale by Agent

AgentJeff Papania
BrokerageKaizen Home Sales and Services

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