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2022 Filhiol Ave, Monroe, LA, 71203

5beds
--baths
3,242sqft
$274,000
$85price/sqft
$2,031/moest. monthly cost
$81,240/yrincome needed

About This Home

Excellent investment opportunity on the bayou! This large site-built property was originally constructed as a duplex and is currently leased to the Oxford Foundation as a sober living home, producing $2,100 per month in rental income. The property has maintained strong occupancy and stable rental history since the seller acquired it in 2023. Situated on a waterfront lot with a spacious backyard, this concrete-on-slab property features 5 bedrooms, 3 bathrooms, two living rooms, and two large kitchens, one on each side of the home. The layout offers flexibility for investors, with the potential to convert the property back into a traditional duplex in the future. Additional features include two central air and heat systems, updated sewer lines, and plumbing improvements throughout the property. Located in a desirable area close to local amenities, this property offers strong current cash flow with future value-add potential. Seller will have tree limbs in the yard cleaned up prior to closing. Owner/Agent

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

5/10
7/10
Neville High SchoolGrades 9-123.3 mi

Construction

Materials

  • Foundation: Slab
  • Roof: Architectural Style
  • Construction materials: Brick Veneer

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Range Hood
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 5

Features

  • Ceiling Fan(s),Other
  • Number of fireplaces: 1
  • Fireplace features: One
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Electric

Interior Area

  • Total structure area: 3,242
  • Total interior livable area: 3,242 sqft

Property

Details

  • Parcel number: 53343

Features

  • Patio & porch: Open Patio,None

Lot

  • 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

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

How This Home’s Risks Compare

Heat Wave
Ice Storm
Tornado
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 $1,385$16,620
Home Insurance *$283$3,396
Property Taxes $118$1,416
Electricity $245$2,941
Total$2,031$24,372
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,634/yr
40% on housing$60,930/yr
45% on housing$54,160/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

$85This listing

vs Other Active Listings

Avg $/sqft

ZIP 71203$111
Ouachita Parish$120

vs Homes Sold Last Month

Median $/sqft

ZIP 71203$127
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)

Price History

DateEventPrice
2026-05-12Price change$274,000
2026-03-25Listed for sale$280,000
2023-12-11Sold--
2021-03-24Listing removed--
2019-04-29Listing removed$1,195
2019-03-29Listed for rent$1,195
2018-12-28Listing removed$1,195
2018-11-09Price change$1,195
2018-10-23Listed for rent$1,795
2010-12-11Sold--
2000-08-04Sold--

For Sale by Agent

AgentScott Leo
BrokerageCypress State Realty

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