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    Updated Duplex With Leased Units Title is generated by Realmo AI

    408 S Knapp Street A & B, Iowa, LA 70647

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    For Sale
    $119,000

    MULTI_FAMILY - Other - Iowa, LA

    Property size:
    1,877 SF
    Lot size:
    0.37 Acres
    Price / SF:
    $63/SF
    Added:
    Apr 19, 2026
    Days on Market:
    77
    Last Refresh:
    Jul 4 at 6:06 pm

    Property Features for 408 S Knapp Street A & B

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Laundry Room
    Appliances
    Electric Oven, Electric Range, Refrigerator, Water Heater
    Standard status
    Active
    APN
    00729337
    Size
    1,877 SF
    Lot size
    0.37 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1970
    Floors in Building
    1
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Contact an agent
    Tyson Letlow

    Listing agent Tyson Letlow License #41445

    Listing office Coldwell Banker Ingle Safari R 765 Bayou Pines E, Lake Charles, LA

    Listing date Apr 19, 2026

    MLS# 25001070

    Copyright © 2026 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.

    HighLights

    • Updated duplex built in 1970 with both Unit A and Unit B currently leased
    • Unit A leased for $800/month with a $150 utility reimbursement paid to the owner
    • Unit B leased for $850/month; tenants pay a $150 utility reimbursement
    • Recent updates include new roof, sheetrock, interior and exterior paint, cabinets, fixtures, flooring, and all‑new bathrooms
    • Central heating and central air; AC units are about 4 years old; electric oven/range and refrigerator included
    • Public water and public sewer; one meter for both units; city confirmed potential to add 2 mobile homes or another home behind the duplex

    Overview

    This updated duplex features two identical sides, with each unit offering 2 bedrooms and 1 bathroom. Both units are currently leased. Unit A is rented for $800 per month and includes a $150 utility reimbursement paid to the owner, while Unit B is rented for $850 per month with the tenants responsible for a $150 utility reimbursement. The property has undergone recent improvements including a new roof, sheetrock, interior and exterior paint, updated cabinets, fixtures, and flooring, along with all-new bathrooms. Exterior work includes new vinyl siding, and the air conditioning units are approximately 4 years old. There is only one meter serving both units.

    The duplex is located on a spacious lot. The city has confirmed the possibility of adding 2 mobile homes or another home behind the duplex. The property carries a flood zone AE designation, and the current flood insurance is $834.67 per year, with the seller willing to transfer the policy to the new buyer if permitted by insurance regulations.

    For buyers seeking a residential income property, the existing leased occupancy provides immediate rental coverage while updates can support day-to-day maintainability. With a single-meter setup and a configuration that allows for potential additional housing at the rear of the lot, the property may also appeal to investors looking to expand within the confirmed parameters. Tenant-occupied status requires 24-hour notice for showings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Pharmacy Gym & Fitness Center HVAC Service Grocery & Convenience Store Storage Facility Spa & Massage Center Clothing & Fashion Store (Bike/Boat/Book/etc) Store Car Rental Facility

    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

    FAQs

    What type of property is this?
    Duplex - Two-bedroom, one-bath duplex with recent renovations and both sides currently leased for income stability.
    Where is this duplex located?
    The property is located at 408 S Knapp Street A & B Iowa, LA.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: Updated duplex built in 1970 with both Unit A and Unit B currently leased; Unit A leased for $800/month with a $150 utility reimbursement paid to the owner; Unit B leased for $850/month; tenants pay a $150 utility reimbursement
    More about this property
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