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303 Woodale Dr, Monroe, LA, 71203

8beds
--baths
4,146sqft
$235,000
$57price/sqft
$1,845/moest. monthly cost
$73,800/yrincome needed

About This Home

Welcome to 303 Woodale Dr in Monroe, a fourplex investment opportunity offering four 2-bedroom, 2-bath units with ~1,035 heated square feet per unit. This professionally managed porperty is situated on approximately 0.24 acres, this income-producing property features consistent rental performance with current monthly rents ranging from $805 to $850 across all units. Reported gross income is $38,412 with a net income of $22,032. New roof installed in 2024. Each unit offers a functional layout with a comfortable living area, kitchen, two bedrooms, and two full bathrooms, providing an attractive floor plan for tenants. Exterior features include on-site parking and manageable grounds for ease of ownership. Showings available after an accepted offer. Video Walktrough is available. This Monroe fourplex presents a solid investment with steady income and strong rental demand.

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

6/10
2/10
6/10

Construction

Materials

  • Foundation: Slab
  • Roof: Asphalt Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,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,Central
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 4,146
  • Total interior livable area: 4,146 sqft

Property

Details

  • Parcel number: 65899
  • Zoning: (CI) Comm.
  • Zoning description: (CI) Comm.

Features

  • Patio & porch: None

Lot

  • Lot size: 10,454 sqft