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Occupied Residential Income Home
For Sale
$65,000

107 BANCROFT BOULEVARD, West Monroe, LA 71292

RESIDENTIAL INCOME, West Monroe, LA

Property Size1,200 SF
Price / SF$54.17
Days on Market121

Property Features for 107 BANCROFT BOULEVARD

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Patio
Interior features Ceiling Fan(s)
Exterior features Gravel Drive
Subdivision RIVERBEND ADDN
Standard status Active
APN 38925

Taxes and HOA fees

Tax Description LOT 6 C A LONGS RESUB SQ 7ZEIGINSRESUB RANSOM TRACT
Legal Description LOT 6 C A LONGS RESUB SQ 7ZEIGINSRESUB RANSOM TRACT

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1952
Roof type Shingle
Listing Agency: Cypress State Realty
Listed By: Scott Leo · License #995694263
Added: May 12 Changed: Sep 8 Last Checked: Sep 9 at 1:06AM
MLS# 219373

Copyright © 2026 Northeast Louisiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential income property is a 3-bedroom, 1-bath home with approximately 1,200 heated square feet. It includes central air and heat, updated flooring, and repaired floor joists, along with a functional floor plan. The property is currently occupied by a long-term Section 8 tenant who has lived there for 10+ years.

The home is located in West Monroe, Louisiana, with convenient access to the interstate and nearby shopping, restaurants, and local amenities.

For investors or buyers seeking an occupied, income-producing residential asset, the current tenant history and in-place rental situation may be of interest. The tenant has been in place for 10+ years, and the property is shown by appointment only. Please do not disturb the tenant.

Key Highlights

  • 3 bed, 1 bath home with approximately 1,200 heated SF in West Monroe
  • Long‑term Section 8 tenant has lived at the property for 10+ years (occupied)
  • Central heat and central air

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Pharmacy Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

181
Businesses Nearby

Demographics for 71292, LA

22,774
Population
10,257
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
153.7 sq mi
ZIP Area
148
Density / Sq Mi
$51,317
Median Household Income
$40,879
Median Earnings
$885
Median Rent
$119,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - 3 bed, 1 bath residence with central air and heat, currently occupied by a long-term Section 8 tenant.
Where is this single family property located?
The property is located at 107 BANCROFT BOULEVARD West Monroe, LA.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: 3 bed, 1 bath home with approximately 1,200 heated SF in West Monroe; Long‑term Section 8 tenant has lived at the property for 10+ years (occupied); Central heat and central air
More about this property
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