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1411 Griffin St, Monroe, LA, 71203

8beds
--baths
2,480sqft
$189,000
$76price/sqft
$1,418/moest. monthly cost
$56,720/yrincome needed

About This Home

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.

Getting Around

43
WalkingCar-Dependent
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

3/10
Lincoln Elementary SchoolGrades PK-60.4 mi
2/10
2/10
Carroll High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1968

Materials

  • Foundation: Slab
  • Roof: Architectural Style
  • Construction materials: Brick Veneer

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Gas Range,Gas Water Heater
  • Laundry features: In Unit,Washer/Dryer Connect

Bedrooms & Bathrooms

  • Bedrooms: 8

Features

  • Ceiling Fan(s)
  • Fireplace features: None

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,480
  • Total interior livable area: 2,480 sqft

Property

Details

  • Parcel number: 93830
  • Zoning: Res. Impro
  • Zoning description: Res. Impro

Features

  • Patio & porch: Porch Covered

Lot

  • Lot size: 0.28 Acres

Parking

  • Parking features: Hard Surface Drive
  • Has uncovered spaces: Yes