Last list price
1623 4th St Lake Charles, LA 70601
--
Bed
--
Bath
13,300
Sq Ft
0.3
Acres
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!
Last Agent to Sell the Property
Wallace Myers
Keller Williams Realty Lake Ch Brokerage Phone: (337) 368-7553 License #995690656 Listed on: 05/15/2025
Last Buyer's Agent
Amanda Sarvaunt
Compass-LC License #995691050
Home Details
Home Type
Single Family
Est. Annual Taxes
$486
Year Built
1965
Lot Details
0
Parking
2
Listing Details
- Property Sub Type: Single Family Residence
- Property Type: Residential Income
- Lot Size: 266 X 50
- Co List Office Mls Id: 191
- Co List Office Phone: 337-433-1171
- Subdivision Name: Watkins Add
- Directions: From Broad Street, travel South on 2nd Avenue. Take a left (East) on 4th Street, home is on the right (North).
- Property Attached Yn: No
- Special Features: VirtualTour
- Year Built: 1965
Interior Features
- Number Of Buildings: 3
- Private Spa: No
- Appliances: Oven, Range, Refrigerator, Water Heater
- Fireplace Features: None
- Stories: 1
- Stories: 1
Exterior Features
- Common Walls: No Common Walls
- Construction Type: Wood Siding
- Foundation Details: Pillar/Post/Pier
- Property Condition: Turnkey
- Roof: Shingle
Garage/Parking
- Parking Features: Driveway
Utilities
- Laundry Features: Inside
- Green Building Features: Appliances
- Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
- Heating Yn: Yes
- Sewer: Public Sewer
- Utilities: Electricity Connected, Sewer Connected, Water Connected
- Water Source: Public
Condo/Co-op/Association
- Common Interest: None
Fee Information
- Annual Water Sewer Expense: 480.0
Lot Info
- Land Lease: No
- Lot Size Sq Ft: 13300.0
- Land Lease Expiration Date: 2025-09-17
- Additional Parcels: No
Rental Info
- Rent Control: No
Multi Family
- Number Of Units Total: 2
- Annual Gross Income: 18540.0
- Property Net Operating Income: 14568.0
- Annual Operating Expense: 3972.0
- Number Of Separate Electric Meters: 2
- Number Of Separate Gas Meters: 2
- Number Of Separate Water Meters: 2
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2025
Closed on
Jun 20, 2025
Sold by
633 Properties Llc
Bought by
Parker James Kenneth
Seller's Agent
Wallace Myers
Keller Williams Realty Lake Ch
Buyer's Agent
Amanda Sarvaunt
Compass-LC
List Price
$85,000
Views
52
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.34%
Similar Homes 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 | |
| Deed | $80,000 | Ironclad Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Sold | -- | -- | -- |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $85,000 | -- | $6 / Sq Ft |
Source: Southwest Louisiana Association of REALTORS®
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
-
W
Seller's Agent in 2025
Wallace Myers
Keller Williams Realty Lake Ch
-
A
Buyer's Agent in 2025
Amanda Sarvaunt
Compass-LC
Map
Source: Southwest Louisiana Association of REALTORS®
MLS Number: SWL25002836
APN: 00600148
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