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    Fully Occupied Duplex Portfolio Title is generated by Realmo AI

    1702 GRAMMONT STREET, Monroe, LA 71201

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    For Sale
    $745,000

    MULTI-UNIT PROPERTIES - Monroe, LA

    Property size:
    7,200 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $103/SF
    Added:
    Feb 5, 2026
    Days on Market:
    125
    Last Refresh:
    Jun 10 at 12:06 pm

    Property Features for 1702 GRAMMONT STREET

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    (ri) Res.
    Interior features
    Smoke Detector
    Exterior features
    Paved Street
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    24412
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Electric (Heating), Wall Furnace
    Cooling system
    Electric

    Building Details

    Year built
    2021
    Number of units
    10
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Chelsea Ross

    Listing agent Chelsea Ross

    Listing office Coldwell Banker Group One Realty 2120 Cypress Street, West Monroe, LA

    Listing date Feb 5, 2026

    MLS# 217939 Listing URL

    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.

    HighLights

    • Professionally managed, fully occupied duplex portfolio built in 2021 with 10 total units across five identical 2BR/1BA duplexes
    • Each unit offers 720 heated SF with a consistent floor plan for streamlined leasing and management
    • Reported gross income of $83,803 and net income of $59,664 with current monthly rents from $695–$755 per unit
    • Appliances include a range and refrigerator; interior features include smoke detectors
    • Electric heating and electric cooling; wall furnace also included
    • Metal siding and metal roof with paved‑street access and on‑site parking

    Overview

    1702 Grammont Street presents a professionally managed, fully occupied duplex portfolio built in 2021, totaling 10 units across five identical 2-bedroom, 1-bath duplex structures. Each unit includes 720 heated square feet, with a functional interior layout that moves from a practical living area into an efficient kitchen, followed by two bedrooms and one full bath. The ownership benefits from uniform floor plans across the duplexes, supporting streamlined leasing and management. Exterior grounds are designed for straightforward maintenance, with on-site parking provided.

    The property is located at 1702 Grammont Street in Monroe, Louisiana, within (ri) Res zoning. The portfolio is described as consistent in rental performance, and a detailed rent roll is available, with current monthly rents ranging from $695 to $755 across all units. Reported gross income is $83,803 and net income is $59,664.

    For buyers seeking a modern, occupied residential income property, this offering provides immediate, tenant-in-place execution with five repeatable duplex configurations and a documented rent roll. Showings are available after an accepted offer, and a video walkthrough is available to review the interiors and layout.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.101156
    Latitude
    32.509429

    FAQs

    What type of property is this?
    Apartment building - Professionally managed 2021-built duplex portfolio with 10 units and on-site parking, offered fully occupied in Monroe.
    Where is this apartment building located?
    The property is located at 1702 GRAMMONT STREET Monroe, LA.
    What is the asking price?
    The asking price for this property is $745,000.
    What are key features of this property?
    This property features: Professionally managed, fully occupied duplex portfolio built in 2021 with 10 total units across five identical 2BR/1BA duplexes; Each unit offers 720 heated SF with a consistent floor plan for streamlined leasing and management; Reported gross income of $83,803 and net income of $59,664 with current monthly rents from $695–$755 per unit
    More about this property
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