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1811 N 5th St, Monroe, LA, 71201

3beds
--baths
1,582sqft
$155,000
$98price/sqft
$1,176/moest. monthly cost
$47,040/yrincome needed

About This Home

Investors Opportunity! Charming 3 bedroom 1 bathroom bungalow in Monroe's Garden District. Tenant occupied. Currently rents for $950 a month. Perfect time to upgrade your portfolio. Kitchen and bathrooms updated in 2024. Call your real estate professional for a showing.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

--
7/10
Neville High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1947

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Metal Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Range Hood,Gas Water Heater
  • Laundry features: In Unit

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3

Features

  • Ceiling Fan(s)
  • Fireplace features: None

Heating & Cooling

  • Heating features: Natural Gas,Central
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,582
  • Total interior livable area: 1,582 sqft

Property

Details

  • Parcel number: 53403

Features

  • Patio & porch: Porch Open

Lot

  • Lot size: 7,500 sqft
  • Lot size dimensions: 50 x 150

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
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Heat Wave
Ice Storm
Tornado
Hail
Inland Flooding
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 $783$9,396
Home Insurance *$179$2,148
Property Taxes $67$804
Electricity $147$1,773
Total$1,176$14,112
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$40,320/yr
40% on housing$35,280/yr
45% on housing$31,360/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

$98This listing

vs Other Active Listings

Avg $/sqft

ZIP 71201$126
Ouachita Parish$120

vs Homes Sold Last Month

Median $/sqft

ZIP 71201$124
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)

No zestimate history available

Price History

DateEventPrice
2025-12-12Listed for sale$169,000
2010-12-10Sold--
1993-08-01Sold--

For Sale by Agent

AgentMisti Hajj
BrokerageKeller Williams Parishwide Partners

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