Last list price
1623 4th St Lake Charles, LA 70601
3
Beds
2
Baths
3,120
Sq Ft
0.31
Acres
Highlights
- Central Heating and Cooling System
- Wood Siding
- 5-minute walk to Legion Field Lake Charles
About This Home
As of June 2025Income-Producing Property - 1623 4th St, Lake Charles, LAA 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!
Last Agent to Sell the Property
Keller Williams Realty L C License #0995690656 Listed on: 05/16/2025
Last Buyer's Agent
NON MEMBER
NON-MLS MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $486
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 266 x 50
Parking
- 2 Parking Spaces
Home Design
- 3,120 Sq Ft Home
- Pillar, Post or Pier Foundation
- Wood Siding
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Multiple Heating Units
Listing and Financial Details
- Total Actual Rent $1,545
- Tax Lot 6,22
Community Details
Overview
- 2 Units
Building Details
- 1 Leased Unit
- 1 Vacant Unit
- Gross Income $18,540
- Net Operating Income $14,568
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2025
Closed on
Jun 20, 2025
Sold by
633 Properties Llc
Bought by
Parker James Kenneth
Seller's Agent
Wallace Myers
Keller Williams Realty L C
Buyer's Agent
NON MEMBER
NON-MLS MEMBER
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Views
51
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2660.19%
Similar Home in Lake Charles, LA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $80,000 | Ironclad Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Sold | -- | -- | -- |
| 05/24/2025 05/24/25 | For Sale | $85,000 | 0.0% | $27 / Sq Ft |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- |
| 05/16/2025 05/16/25 | For Sale | $85,000 | -- | $27 / Sq Ft |
Source: REALTOR® Association of Acadiana
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 |
Source: Public Records
Agents Affiliated with this Home
-
Wallace Myers
Seller's Agent in 2025
Wallace Myers
Keller Williams Realty L C
(337) 368-7553
1,060 Total Sales
-
N
Buyer's Agent in 2025
NON MEMBER
NON-MLS MEMBER
Map
Source: REALTOR® Association of Acadiana
MLS Number: 2020023936
APN: 00600148
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