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1702 Grammont St, Monroe, LA, 71201

8beds
--baths
--sqft
$745,000
--price/sqft
$5,100/moest. monthly cost
$204,000/yrincome needed

About This Home

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. Priced at $775,000, this Monroe investment opportunity delivers modern construction, full occupancy, and strong income stability-schedule your inquiry today.

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

4/10
Carver Elementary SchoolGrades PK-60.9 mi
2/10
2/10
Carroll High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Metal Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 8

Features

  • Fireplace features: None

Heating & Cooling

  • Heating features: Electric,Wall Furnace,Separate Meters
  • Cooling features: Electric

Property

Details

  • Parcel number: 24412
  • Zoning: (RI) Res.
  • Zoning description: (RI) Res.

Features

  • Patio & porch: Porch Covered

Lot

  • Lot size: 1 Acres
  • Features: Outdoor Lighting