Almost 6 acres of land at the end of Barnes Lane! Looks like plenty of room to add more investment properties. Currently has a 3 bedroom, 2 bath mobile home and it rents for $900 a month. Lots of possibilities though!
Large 3/1 bath on .829 acres in the Swartz area. With a little TLC, this home would be a great starter home or investment property.
Investors Opportunity! Cypress Creek Apartments for sale located at the end of Clayton Street. These are 2 bedroom, 1 bathroom units with refrigerator, stove, central air/heat and garbage disposals. There are 19 units total. Call your real estate professional for a showing!
Introducing an exceptional opportunity for multifamily investors in the Monroe area. This impressive property spans 6,700 square feet and comprises 4 units, offering spacious, modern living spaces for residents. With three of the four units recently renovated in the past three years, the property showcases a contemporary and well-maintained aesthetic. The property also had a new roof in 2021 and three new A/C units installed. The owner pays water $300 month and trash $70 month and grosses $3,625 a month at 100% occupancy. With a prime location in Monroe, LA, this investment presents an attractive proposition for those seeking a multifamily property with substantial potential for long-term value and positive returns. Embrace the opportunity to invest in a property that combines timeless charm with modern comfort and convenience. *Property can be shown with an accepted contract. Please do not disturb the tenants.
Presenting the exceptional investment opportunity! This property comprises two duplexes side by side, totaling four units, all recently constructed. The units at 310 Woodale Apartments 1, 2, and 3 offer comfortable 2-bedroom/1.5-bathroom layouts, while 310 Woodale Apartment 4 presents a cozy 1-bedroom/1.5-bathroom configuration. Currently, all units boast full occupancy, ensuring immediate returns on investment. Each residence comes equipped with stainless steel appliances, washer & dryer, streamlining tenant convenience. For those seeking to expand their investment portfolio, adjacent properties at 308 and 306 Woodale are also available for sale. This offering represents a prime opportunity for savvy investors seeking stable rental income in a well-maintained property.
The median home value in Monroe, LA is $153,400. This is lower than the county median home value of $163,300. The national median home value is $338,100. The average price of homes sold in Monroe, LA is $153,400. Approximately 38.75% of Monroe homes are owned, compared to 46.36% rented, while 14.9% are vacant. Monroe real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monroe real estate agent to arrange a tour today!
Monroe, Louisiana 71203 has a population of 48,105. Monroe 71203 is less family-centric than the surrounding county with 23.11% of the households containing married families with children. The county average for households married with children is 27.47%.
The median household income in Monroe, Louisiana 71203 is $33,925. The median household income for the surrounding county is $46,021 compared to the national median of $69,021. The median age of people living in Monroe 71203 is 34.3 years.
The average high temperature in July is 93.3 degrees, with an average low temperature in January of 33.9 degrees. The average rainfall is approximately 55.2 inches per year, with 0.6 inches of snow per year.