1623 4th St Lake Charles, LA 70601
Highlights
- Cottage
- Energy-Efficient Appliances
- Ceiling Fan
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- 5-minute walk to Legion Field Lake Charles
About This Home
As of June 2025Income-Producing Property - 1623 4th St, Lake Charles, LA A fantastic opportunity for investors! This property features two single-family homes, each with long-term 12-month leases, generating consistent rental income. The front home is a 2-bedroom, 1-bathroom unit that is currently tenant-occupied, providing $795/month in rental income. This home includes central air and heat, inside laundry in a separate room, and a detached 2-car garage with additional storage space, offering extra convenience for tenants. The rear home is also a 1-bedroom, 1-bathroom residence and has recently undergone updates and repairs. It will soon be rented for $750/month, contributing to a total potential monthly cash flow of $1,545! This unit includes a washer and dryer for added convenience, but it does not have central air or heat. Each home is separately metered, making utility management simple for both owner and tenants. Located in Lake Charles, this property presents a turnkey investment opportunity with steady income potential. Don't miss out on this chance to add a high-performing rental asset to your portfolio!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $486
Year Built
- 1965
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 266 x 50
- Rectangular Lot
Parking
- 2 Car Garage
- Driveway
- Open Parking
Home Design
- Cottage
- Turnkey
- Pillar, Post or Pier Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1-Story Property
- Ceiling Fan
Kitchen
- Oven
- Range
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Water Heater
Additional Features
- Energy-Efficient Appliances
- City Lot
Community Details
Overview
- Watkins Add Subdivision
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $80,000 | Ironclad Title | |
| Deed | $80,000 | Ironclad Title |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Sold | -- | -- | -- |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $85,000 | -- | $6 / Sq Ft |
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $486 | $4,260 | $1,490 | $2,770 |
| 2023 | $486 | $4,260 | $1,490 | $2,770 |
| 2022 | $490 | $4,260 | $1,490 | $2,770 |
| 2021 | $470 | $4,260 | $1,490 | $2,770 |
| 2020 | $507 | $3,920 | $1,430 | $2,490 |
| 2019 | $558 | $4,150 | $1,380 | $2,770 |
| 2018 | $510 | $4,150 | $1,380 | $2,770 |
| 2017 | $471 | $4,150 | $1,380 | $2,770 |
| 2016 | $469 | $4,150 | $1,380 | $2,770 |
| 2015 | $469 | $4,150 | $1,380 | $2,770 |
Map
Source: Southwest Louisiana Association of REALTORS®
MLS Number: SWL25002836
APN: 00600148