1702 Grammont St, Monroe, LA, 71201
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
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
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
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
- Ice Storm
- Strong Wind
- Tornado
- Earthquake
- Hail
- Heat Wave
- Inland Flooding
- Lightning
- Winter Weather
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 | $3,767 | $45,204 |
| Home Insurance * | $864 | $10,368 |
| Property Taxes | $322 | $3,864 |
| Electricity | $147 | $1,773 |
| Total | $5,100 | $61,200 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-17 | Price change | $745,000 |
| 2026-02-05 | Listed for sale | $775,000 |
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