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    408 S Knapp St Iowa, LA 70647

    For Sale
    $126,900

    Traditional, Duplex - Iowa, LA

    Type:Duplex
    Lot size:
    0.37 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 408 S Knapp St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    APN
    00729337
    Parking features
    Driveway
    Pool private
    1
    Exterior features
    Back Yard, Front Yard, Regular Lot, Pool, None
    Appliances
    Range, Refrigerator
    Lot size
    0.37 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1970
    Floors in Building
    1
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    New Traditional

    Coldwell Banker Ingle Safari Realty (337) 478-1601 [email protected]

    Listing agent Tyson Letlow (337) 478-1601

    Listing date Oct 14, 2025

    MLS# 25001070 Listing URL

    Copyright © 2025 Southwest Louisiana Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Duplex in Iowa

    This updated duplex in Iowa offers an investment opportunity with both units currently leased. Unit A is leased for $800 per month, with an additional $150 utility reimbursement paid to the owner. Unit B is leased for $850 a month, with tenants responsible for a $150 utility reimbursement. The property is situated on a 0.37-acre lot, offering potential for additional units. Each unit features 2 bedrooms and 1 bathroom, with recent updates including a new roof, sheetrock, interior and exterior paint, cabinets, fixtures, and flooring. The AC units are 4 years old, and new vinyl siding adorns the exterior, complemented by all-new bathrooms. There is one meter for both units, and the city has confirmed the possibility of adding 2 mobile homes or another home behind the duplex. The property is located in flood zone AE, with current flood insurance at $834.67 per year. The seller is willing to transfer this to the new buyer if permitted by insurance regulations. The property is tenant-occupied, and 24-hour notice is required for all showings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Iowa
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.01514
    Latitude
    30.232672

    Nearby Similar for Sale

    • $245,000
      0.72 Acres

      Home, Triplex, and RV Pad

      Investment opportunity: home, triplex, and RV pad near schools, shopping.
      318 S Welty St, Iowa, LA 70647
      View Details

    FAQs

    What type of property is this?
    Duplex - Updated duplex with leased units and expansion potential.
    Where is this duplex located?
    The property is located at 408 S Knapp St Iowa, LA.
    What is the asking price?
    The asking price for this property is $126,900.
    What are key features of this property?
    This property features: - Fully leased duplex generating $1650/month plus $300 in utility reimbursements.; - Significant recent updates including a new roof, sheetrock, interior/exterior paint, cabinets, fixtures, flooring, vinyl siding, and bathrooms.; - Large lot with confirmed potential to add additional units.
    (337) 478-1601
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    Iowa, LA 70647
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    408 S Knapp St Iowa, LA 70647
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