403 Drew St, West Monroe, LA, 71291
About This Home
This property features six single-family homes, each offering 3 bedrooms, 1 bathroom, a kitchen, laundry area, and living room. Four of the homes have been remodeled and are currently tenant-occupied, producing an approximate monthly income of $3,400. The remaining two homes, 411 Drew and 413 Drew, have not been remodeled and are currently used for storage, providing the next owner with additional value-add potential.Whether you’re an experienced investor or looking to expand your portfolio, this property offers immediate income with future upside.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Roof: Asphalt Shingle
- Construction materials: Other
Type & Style
- Home type: MultiFamily
- Property subType: Single Family Residence,Multi Family
Interior
Appliances
- Appliances included: None,Electric Water Heater
- Laundry features: In Unit
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 12
Features
- Other
- Fireplace features: None
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air
Property
Details
- Parcel number: 78874
Features
- Patio & porch: Porch Covered
Lot
- Lot size: 0.68 Acres
Parking
- Parking features: Hard Surface Drive
- Has uncovered spaces: Yes
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
- Ice Storm
- Strong Wind
- Tornado
- Cold Wave
- Earthquake
- Hail
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Louisiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,427 | $29,124 |
| Home Insurance * | $433 | $5,196 |
| Property Taxes | $208 | $2,496 |
| Electricity | $147 | $1,773 |
| Total | $3,215 | $38,580 |
Income You'd Need if You Spent...
Louisiana FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-21 | Listed for sale | $480,000 |
| 2011-03-02 | Listing removed | $205,000 |
| 2011-01-21 | Listed for sale | $205,000 |
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