1411 GRIFFIN STREET, Monroe, LA 71203
1411 GRIFFIN STREET, Monroe, LA 71203
1411 GRIFFIN STREET, Monroe, LA 71203
1411 GRIFFIN STREET, Monroe, LA 71203
1411 GRIFFIN STREET, Monroe, LA 71203
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Listed by Chelsea Ross • Coldwell Banker Group One Realty
$ 179,000
Est. payment | /mo

8 Beds

0.28 Acres Lot


Save
$ 179,000
Est. payment | /mo
Save

8 Beds

0.28 Acres Lot

Key Details

Property Type Multi-Family

Sub Type MULTI-UNIT PROPERTIES

Listing Status Pending

Purchase Type For Sale

Subdivision Booker T Washng

MLS Listing ID 218881

Bedrooms 8

Year Built 1968

Annual Tax Amount $833

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type MULTI-UNIT PROPERTIES

Property Description

Introducing 1411 & 1413 Griffin Street in Monroe featuring a duplex and triplex investment opportunity with five total units and recent interior updates. 1411 Griffin Street includes a duplex configuration, while 1413 Griffin Street offers a triplex, providing a total of five rental units with a mix of functional layouts. Select units have seen recent improvements, including remodeled interiors in 1413 #2 and 1411 #1 completed in the past year. All units are equipped with a new Fridge and Stove and four of the five units feature updated & new HVAC systems. This income-producing property reported a gross income of $30,600 and a net income of $26,971, with current rental rates ranging from $450 to $550 per month. The property offers a straightforward exterior setup with on-site parking and manageable grounds. This multi-unit opportunity provides consistent rental performance and operational simplicity. Please do not disturb tenants. Drone Videos available on request. Schedule your inquiry today.

Location

State LA

County Ouachita

Zoning Res. Impro

Direction Get on I-20, take exit 118A-B onto US-165 N, turn right onto Louberta St, turn left onto Griffin St.

Interior

Interior Features Ceiling Fan(s)

Heating Natural Gas

Cooling Central Air

Fireplaces Type None

Appliance Refrigerator, Gas Range, Gas Water Heater

Laundry In Unit, Washer/Dryer Connect

Exterior

Utilities Available Natural Gas Connected

Roof Type Architectural Style

Private Pool false

Building

Foundation Slab

Sewer Septic Tank

Water Public, Electric Company: City

Schools

Elementary Schools Lincoln Cy

Middle Schools Carroll Cy

High Schools Carroll Cy

Nearby Locations

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1411 GRIFFIN STREET