$85,000
SOLD JUN 20, 2025
Last list price

1623 4th St Lake Charles, LA 70601

3 Beds
2 Baths
3,120 Sq Ft
0.31 Acres

Recently Sold

6 Days on Market

Highlights

  • Central Heating and Cooling System
  • Wood Siding
  • 5-minute walk to Legion Field Lake Charles

About This Home

As of June 2025

Income-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

Wallace Myers

Keller Williams Realty L C License #0995690656 Listed on: 05/16/2025

Keller Williams Realty L C

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$486

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3053
  • Lot Size: 266 x 50
  • CapRate: 0.1821
  • Subdivision Name: None
  • Directions: From Broad Street, travel South on 2nd Avenue. Take a left (East) on 4th Street, home is on the right (North).
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Fencing: None
  • Construction Type: Other, Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: 51 - 75 Years
  • Roof: Other

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Cooling: Ceiling Fan(s),Central Air, AC Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Unit(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Call School Board
  • Junior High Dist: Calcasieu Parish
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Lot Size Sq Ft: 13300

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18540
  • Property Net Operating Income: 14568
  • Number Of Units Leased: 1
  • Number Of Units Vacant: 1
  • Total Actual Rent: 1545

Tax Info

  • Tax Lot: 6,22

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
116.07%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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: REALTOR® Association of Acadiana

Tax History Compared to Growth

Source: Public Records

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

See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 2020023936

REALTOR® Association of Acadiana

APN: 00600148

Louisiana Calcasieu Parish Lake Charles 70601

1623 4th St, Lake Charles, LA

This home is located at 1623 4th St, Lake Charles, LA 70601 and is currently estimated at $85,000, approximately $27 per square foot. 1623 4th St is a home located in Calcasieu Parish with nearby schools including Pearl Watson Elementary School, Ray D. Molo Middle School, and Washington-Marion Magnet High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

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