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113 Pear St, West Monroe, LA, 71292

--beds
--baths
--sqft
$68,000
--price/sqft
$570/moest. monthly cost
$22,800/yrincome needed

About This Home

Great investment opportunity! This residential income property offers strong rental potential and consistent cash flow with tenant. Well-maintained and ideally suited for both seasoned investors and those looking to expand their portfolio. Property is being sold as part of a package deal—please inquire for full details on included properties.

Getting Around

31
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

4/10
7/10
West Monroe High SchoolGrades 8-121.4 mi
--
Crosley Elementary SchoolGrades PK-K0.7 mi

Construction

Condition

  • Year built: 1948

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Asphalt Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Single Family Residence,Multi Family

Interior

Appliances

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

Features

  • Other
  • Fireplace features: Double Sided
  • Fireplace: Yes

Heating & Cooling

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

Property

Details

  • Parcel number: 71331
  • Special condition: In Foreclosure

Features

  • Patio & porch: None

Lot

  • Lot size: 7,405 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Heat Wave
Ice Storm
Tornado
Cold Wave
Earthquake
Hail
Lightning
Strong Wind

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $343$4,116
Home Insurance *$51$612
Property Taxes $29$348
Electricity $147$1,773
Total$570$6,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,542/yr
40% on housing$17,100/yr
45% on housing$15,200/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 71292$95
Ouachita Parish$120

vs Homes Sold Last Month

Median $/sqft

ZIP 71292$131
Ouachita Parish$134

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2022-03-03Listing removed--
2022-01-19Listed for rent$650
2021-12-07Listing removed--
2021-11-05Price change$525
2021-08-10Listed for rent$500
2021-07-09Listing removed--
2021-05-30Listed for rent$475

Unknown Listed By

AgentDJ Fortenberry
BrokerageHarrison Lilly

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