Estimated payment $1,412/month
About This Home
Discover an excellent investment opportunity with this exciting 4-bedroom home, along with a triplex and RV pad with hook ups. These properties are situated on a corner lot in a convenient location close to schools and shopping. These homes offer comfortable living spaces with a potential stream of rental income. The main house **(318 S Welty)** offers 1560 sq ft living which includes 4 bedrooms and 2 baths with lots of storage, the living room features a gas fireplace and a wall with functional shelving. The house has new flooring, paint, and light fixtures along with all major appliances which will sell with the property. The triplex **(314 S Welty)** features 3 rental units; Apt A 1 bedroom 1 bath with 663 sq ft living, large kitchen with custom cabinets, jacuzzi tub, central AC/Heat, dishwasher, microwave, washer/dryer and refrigerator remain; Apt B very spacious 2 bedroom, 1 bath with 875 sq living, large kitchen, ample storage, vinyl & hardwood flooring in LR/DR/Hall, refrigerator and three window units remain. Apt C 1 bedroom 1 bath with 530 sq ft living, vinyl plank flooring, and wood tile; one window unit, extra vinyl flooring and ceiling tile for kitchen and living room will sell with the property. Triplex is on one water meter (owner pays); gas and electricity are the tenant's responsibility. All utilities for the house are the tenant's responsibility
Listing Agent
Melissa Doga
eXp Realty, LLC License #77854 Listed on: 07/08/2025
Map
Property Details
Home Type
Condominium
Est. Annual Taxes
$929
Year Built
1970
Lot Details
0
Listing Details
- Property Sub Type: Apartment
- Property Type: Residential Income
- Lot Size: 184x170
- Co List Office Mls Id: 119
- Co List Office Phone: 337-522-7554
- Subdivision Name: Iowa Town Of East Thomson Ave
- Directions: From I-10 take Iowa Exit, take a right on S Thompson, take a left on E Third, property on the corner of E Third/S Welty
- Property Attached Yn: No
- Special Features: VirtualTour
- Year Built: 1970
Interior Features
- Number Of Buildings: 2
- Appliances: Electric Range
- Fireplace Features: Gas
- Stories: 1
Exterior Features
- Foundation Details: Raised
Utilities
- Laundry Features: Washer Hookup, Electric Dryer Hookup
- Green Building Features: Appliances
- Cooling: Central Air, Wall/Window Unit(s)
- Heating Yn: Yes
- Sewer: Public Sewer
- Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Water Source: Public
Lot Info
- Land Lease: No
- Lot Size Sq Ft: 31275.0
- Land Lease Expiration Date: 2025-12-31
- Additional Parcels: No
Rental Info
- Rent Control: No
Multi Family
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 2
Home Values in the Area
Average Home Value in this Area
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 | $929 | $9,030 | $1,360 | $7,670 |
2023 | $929 | $9,030 | $1,360 | $7,670 |
2022 | $511 | $5,000 | $1,360 | $3,640 |
2021 | $536 | $5,000 | $1,360 | $3,640 |
2020 | $910 | $8,220 | $1,310 | $6,910 |
2019 | $1,100 | $8,930 | $1,260 | $7,670 |
2018 | $1,092 | $8,930 | $1,260 | $7,670 |
2017 | $1,102 | $8,930 | $1,260 | $7,670 |
2016 | $1,103 | $8,930 | $1,260 | $7,670 |
2015 | $978 | $8,880 | $1,210 | $7,670 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/08/2025 07/08/25 | For Sale | $245,000 | 0.0% | $68 / Sq Ft |
04/01/2024 04/01/24 | Rented | $1,295 | 0.0% | -- |
04/01/2024 04/01/24 | Under Contract | -- | -- | -- |
02/08/2024 02/08/24 | For Rent | $1,295 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $145,000 | None Listed On Document |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $206,500 | Construction |
Source: Southwest Louisiana Association of REALTORS®
MLS Number: SWL25003939
APN: 00722553
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