408 S Knapp Street S A &Amp B Iowa, LA 70647
Listing Courtesy of: SW LOUISIANA ASSOCIATION OF REALTORS / Coldwell Banker Ingle Safari Realty / Tyson Letlow

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

Active (331 Days)
$126,900 (USD)

Description

INVESTOR SPECIAL! This updated duplex in Iowa presents an exceptional opportunity with both properties currently leased. Unit A is leased for $800/month with $150 utility reimbursement paid to the owner. Unit B is leased for $850 a month, with tenants responsible for a $150 utility reimbursement. Situated on a spacious lot, this duplex offers potential for additional units. Each side features 2 bedrooms and 1 bathroom, showcasing recent updates including a new roof, sheetrock, interior and exterior paint, cabinets, fixtures, and flooring. The AC units are just 4 years old, and new vinyl siding adorns the exterior, complemented by all-new bathrooms. Notably, there's only one meter for both units, and the city has confirmed the possibility of adding 2 mobile homes or another home behind the duplex. With flood zone AE designation, current flood insurance stands at $834.67 per year, and the seller is willing to transfer this to the new buyer if permitted by insurance regulations. The property is currently tenant-occupied, so kindly provide 24-hour notice for all showings. Don't miss this opportunity--make your offer today! Measurements are M/L

MLS #:
SWL25001070
Type
Multifamily
Year Built
1970
Style
Traditional
Views
Neighborhood
County
Calcasieu Parish
Community
Iowa Town of West Thomson Ave

Listed By

Tyson Letlow, Coldwell Banker Ingle Safari Realty
Source
SW LOUISIANA ASSOCIATION OF REALTORS
Last checked Jan 24 2026 at 6:52 AM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Washer Hookup
  • Laundry: Inside
  • Refrigerator
  • Electric Oven
  • Laundry: Laundry Room
  • Laundry: Electric Dryer Hookup
  • Water Heater
  • Electric Range
Subdivision
  • Iowa Town Of West Thomson Ave
Lot Information
  • Rectangular Lot
  • Front Yard
  • City Lot
  • Back Yard
Property Features
  • Foundation: Raised
Heating and Cooling
  • Central
  • Central Air
  • Ceiling Fan(s)
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public, Water Connected, Electricity Connected, Sewer Connected
  • Sewer: Public Sewer
Parking
  • Driveway
Stories
  • 1

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 14, 2025
Price Changed
$126,900
-2%
-$2,100
Jul 11, 2025
Price Changed
$129,000
-4%
-$6,000
Feb 27, 2025
Listed
$135,000
-
-
Location
   
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.