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408 S Knapp Street S #A & B, 
Iowa, LA 70647

$126,900


Bed


Bath


1,877

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Tyson Letlow

337-478-1601

Last updated:

December 18, 2025, 04:17 PM

MLS#

SWL25001070

Source:

LA SWLAR

Company Logo

About This Home

408 S Knapp Street S #A & B

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

Home Facts

Multi-Family

Built in 1970

Price Summary

126,900

$67 per Sq. Ft.

MLS #:

SWL25001070

Last Updated:

December 18, 2025, 04:17 PM

Added:

a year ago


Rooms & Interior

Interior

Living Area:

1,877 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

1,877 Sq. Ft.

Year Built:

1970


Lot

Lot Size (Sq. Ft):

16,117


Finances & Disclosures

Finances

Price:

$126,900

Price per Sq. Ft:

$67 per Sq. Ft.

408 S Knapp Street S #A & B
Source:LA SWLAR
The information being provided by Southwest Louisiana Association of REALTORS® (formerly Greater Southern MLS) is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Southwest Louisiana Association of REALTORS® (formerly Greater Southern MLS) All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.