$725,000

638 Iris St Lake Charles, LA 70601

Lake Charles Area

Estimated payment $4,154/month

Total Views 21,795
-- Bed
-- Bath
6,500 Sq Ft
$112 Price per Sq Ft

About This Home

Excellent investment opportunity in the heart of downtown Lake Charles. This fully occupied apartment complex features nine total units, including eight one-bedroom, one-bathroom apartments and one efficiency unit with a combined living and bedroom area. The property underwent extensive renovations in 2022, with updates including flooring, paint, bathrooms, kitchens, granite countertops, and newer fixtures throughout. Single-story construction offers convenient access for tenants and simplified maintenance. With strong occupancy and modernized interiors, this income-producing property is a turnkey addition to an investment portfolio. Conveniently located near downtown businesses, restaurants, shopping, and employment centers.

Listing Agent

Josh Foster

Exit Realty Southern License #995702707 Listed on: 06/18/2026

Exit Realty Southern

Property Details

Home Type

  • Condominium

Year Built

  • 1986

Location

  • City Lot

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Tax Block 2

Community Details

Overview

  • Bryan Sub Subdivision

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Gross Income $7,100

Property Details

Home Type

Condominium

Year Built

1986

Lot Details

0.69 Acres

Listing Details

  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Features: City Lot, Paved
  • LotSizeAcres: 0.69
  • Lot Size: 105x278x107x277
  • Is Senior Community?: No
  • Has View?: No
  • Co List Office Phone: 337-287-9500
  • Special Conditions: Standard
  • Subdivision Name: BRYAN SUB
  • Directions: Head north on Kirkman St. Left on Iris St. Property will be on the left.
  • Has Cooling?: No
  • Has Fireplace?: No
  • Property Attached Yn: No
  • PropertySubTypeAdditional: Apartment
  • DaysOnMarketReplicationIncreasingYN: Yes
  • CurrentPrice: 725000.0
  • Special Features: None
  • Stories: 1
  • Year Built: 1986

Interior Features

  • Number Of Buildings: 8
  • Private Spa: No

Exterior Features

  • Has Private Pool?: No

Utilities

  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.69

Rental Info

  • Rent Control: Yes

Multi Family

  • Annual Gross Income: 7100.0
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8

Tax Info

  • Tax Block: 2
  • Tax Tract: 000100

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,074 $17,400 $750 $16,650
2024 $2,074 $17,400 $750 $16,650
2023 $1,985 $17,400 $750 $16,650
2022 $2,002 $17,400 $750 $16,650
2021 $1,921 $17,400 $750 $16,650
2020 $1,815 $14,030 $710 $13,320
2019 $2,331 $17,330 $680 $16,650
2018 $2,128 $17,330 $680 $16,650
2017 $1,968 $17,330 $680 $16,650
2016 $1,958 $17,330 $680 $16,650
2015 $1,958 $17,330 $680 $16,650
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/18/2026 06/18/26 For Sale $725,000 -- $112 / Sq Ft
Source: Southwest Louisiana Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $410,000 None Listed On Document
Warranty Deed $410,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $530,000 New Conventional
Source: Public Records

About the Listing Agent

Josh Foster
Josh Foster

Exit Realty Southern

(337) 674-2741

Section Image

Josh is a Southwest Louisiana native, and lifelong resident, proudly serving all of Southwest Louisiana. Josh is also an Alumni of McNeese State University, where Josh earned a Bachelor of Science degree in Finance.

Josh began his real estate career in 2012, at the age of 23, with EXIT REAL ESTATE CONSULTANTS where Josh worked until Josh began a new journey by purchasing his own EXIT franchise, EXIT REALTY SOUTHERN.

To his clients, Josh brings professional experience that

View Josh's Profile

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Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL26002905

Louisiana Calcasieu Parish Lake Charles 70601

638 Iris St, Lake Charles, LA

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.

IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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Josh Foster
Josh Foster
Listing Agent Section Image
Exit Realty Southern
(337) 674-2741
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