$245,000

318 S Welty St Iowa, LA 70647

Estimated payment $1,412/month

Total Views 2,924
-- Bed
-- Bath
3,598 Sq Ft
$68 Price per Sq Ft

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

Range of Values:

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Average Value
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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

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
Source: Public Records

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 -- --
Source: Southwest Louisiana Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $145,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $206,500 Construction
Source: Public Records

Source: Southwest Louisiana Association of REALTORS®

MLS Number: SWL25003939

APN: 00722553