1702 GRAMMONT STREET, Monroe, LA 71201
1702 GRAMMONT STREET, Monroe, LA 71201
1702 GRAMMONT STREET, Monroe, LA 71201
1702 GRAMMONT STREET, Monroe, LA 71201
1702 GRAMMONT STREET, Monroe, LA 71201
1702 GRAMMONT STREET, Monroe, LA 71201
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Courtney Cooper

Courtney Cooper

+1(318) 450-1955
Listed by Chelsea Ross • Coldwell Banker Group One Realty
$ 745,000
Est. payment | /mo

8 Beds

1 Acres Lot

Save
$ 745,000
Est. payment | /mo
Save

8 Beds

1 Acres Lot

Key Details

Property Type Multi-Family

Sub Type MULTI-UNIT PROPERTIES

Listing Status Active

Purchase Type For Sale

MLS Listing ID 217939

Bedrooms 8

Year Built 2021

Annual Tax Amount $4,226

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type MULTI-UNIT PROPERTIES

Property Description

Welcome to 1702 Grammont St in Monroe, a professionally managed, fully occupied duplex portfolio built in 2021 offering 10 total units across five identical 2-bedroom, 1-bath duplexes, each with 720 heated square feet per unit and 1,440 total per structure. This income-producing property features consistent rental performance with a reported gross income of $83,803 and net income of $59,664, supported by a detailed rent roll with current monthly rents ranging from $695 to $755 across all units. Interior layouts include a practical living area leading into an efficient kitchen, two bedrooms, and one full bath per unit. Each duplex provides a uniform floor plan for streamlined management and leasing. Exterior grounds offer straightforward maintenance and on-site parking. Showings are available after an accepted offer. Video Walktrough is available. This Monroe investment opportunity delivers modern construction, full occupancy, and strong income stability-schedule your inquiry today.

Location

State LA

County Ouachita

Zoning (RI) Res.

Direction Stay on I-20 E toward Monroe. Exit to Garrett Rd and head south. Turn left onto Texas Ave, right onto N 18th St, then left onto Grammont St. Property will be on the right.

Interior

Heating Electric, Wall Furnace, Separate Meters

Cooling Electric

Fireplaces Type None

Appliance Refrigerator, Electric Range, Electric Water Heater

Laundry In Unit, Washer/Dryer Connect

Exterior

Utilities Available Natural Gas Not Available

Roof Type Metal

Private Pool false

Building

Lot Description Outdoor Lighting

Foundation Slab

Sewer Public Sewer

Water Public, Electric Company: City

Schools

Elementary Schools Cypress Point C

Middle Schools Carroll Cy

High Schools Carroll Cy

Nearby Locations

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Courtney L Cooper Real Estate, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1702 GRAMMONT STREET