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Under contract
    • $119,000

    408 S Knapp St Unit A & B, Iowa, LA 70647

    --beds
    --baths
    1,877sqft
    : 
    Duplex, Multi Family
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $63/sqft
    $-- HOA

    What's special

    INVESTOR SPECIAL! This updated duplex in Iowa presents an exceptional opportunity with both properties currently leased. Unit A is leased for $800/month with $150 utility reimbursement paid to the owner. Unit B is leased for $850 a month, with tenants responsible for a $150 utility reimbursement. Situated on a spacious lot, this duplex offers potential for additional units. Each side features 2 bedrooms and 1 bathroom, showcasing recent updates including a new roof, sheetrock, interior and exterior paint, cabinets, fixtures, and flooring. The AC units are just 4 years old, and new vinyl siding adorns the exterior, complemented by all-new bathrooms. Notably, there's only one meter for both units, and the city has confirmed the possibility of adding 2 mobile homes or another home behind the duplex. With flood zone AE designation, current flood insurance stands at $834.67 per year, and the seller is willing to transfer this to the new buyer if permitted by insurance regulations. The property is currently tenant-occupied, so kindly provide 24-hour notice for all showings. Don't miss this opportunity--make your offer today! Measurements are M/L
    452 days
    |
    18
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyson M Letlow 970-819-6461,

    Coldwell Banker Ingle Safari R 337-478-1601

    Source: SWLAR,MLS#: SWL25001070

      Facts & features

      Interior

      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fans
      Appliances
      • Included: Electric Oven, Electric Range, Refrigerator, Water Heater
      • Laundry: Laundry Equipment Own, Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
      Features
      • Has basement: No
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 1,877
      • Total interior livable area: 1,877 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 0.37 Acres
      • Dimensions: 90 x 180
      • Features: Back Yard, Front Yard, Regular Lot
      Details
      • Parcel number: 00729337
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      • Foundation: Raised
      • Roof: Shingle
      Condition
      • Turnkey
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Iowa Town Of West Thomson Ave
      HOA
      • Has HOA: No
      Location
      • Region: Iowa

      Financial & listing details

      • Price per square foot: $63/sqft
      • Date on market: 2/27/2025
      • Cumulative days on market: 453 days
      • Total actual rent: 1650
      • Electric utility on property: Yes
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $961/mo

        Price history

        DateEventPrice
        4/19/2026Contingent$119,000$63/sqft
        Source: SWLAR #SWL25001070 Report a problem
        2/24/2026Price change$119,000-6.2%$63/sqft
        Source: SWLAR #SWL25001070 Report a problem
        10/14/2025Price change$126,900-1.6%$68/sqft
        Source: SWLAR #SWL25001070 Report a problem
        7/12/2025Listed for sale$129,000$69/sqft
        Source: SWLAR #SWL25001070 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 70647

          Getting around

          40 / 100
          Car-Dependent
          46 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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