Modern Duplex Apartment
For Sale
$745,000
1702 GRAMMONT STREET, Monroe, LA 71201
RESIDENTIAL INCOME, Monroe, LA
Property SizeContact for details
Lot Size1.00 Acre
Days on Market215
Property Features for 1702 GRAMMONT STREET
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
(RI) Res.
Patio and Porch features
Porch
Interior features
Smoke Detector
Exterior features
Paved Street
Appliances
Refrigerator, Electric Range/Oven, Washer/Dryer Connect
Elementary school
CYPRESS POINT C
Middle school
CARROLL CY
High school
CARROLL CY
Directions
Stay on I-20 E toward Monroe. Exit to Garrett Rd and head south. Turn left onto Texas Ave, right onto N 18th St, then left onto Grammont St. Property will be on the right.
Subdivision
131 Monroe & OP-East/ Hwy 165 To Richland Parish
Standard status
Active
APN
24412
Lot size
1.00 Acre
Taxes and HOA fees
Tax Description
CONSOLIDATION OF LOTS 3 & 4 BEING A PORTION OF BLK AROSS'S ADDN IN SEC 57 18-4
Legal Description
CONSOLIDATION OF LOTS 3 & 4 BEING A PORTION OF BLK AROSS'S ADDN IN SEC 57 18-4
Utilities
Heating system
Wall Furnace, Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
2021
Number of units
10
Roof type
Metal
Listing Agency:
Coldwell Banker Group One Realty
(318) 362-0007
Listed By:
Chelsea Ross
(318) 376-6986
Added: Feb 5
Changed: Sep 8
Last Checked: Sep 8 at 5:06PM
MLS# 217939
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 apartment portfolio at 1702 Grammont Street comprises five matching duplex buildings with 10 total units. Constructed in 2021, each building contains two apartments, and each apartment offers 720 heated square feet with a living area, kitchen, two bedrooms, and one full bath. The units share a uniform floor plan that supports consistent leasing and property operations. Appliances include refrigerators, electric ranges/ovens, and washer/dryer connections. Wall-furnace heating, electric cooling, metal roofing, porches, and paved-street access are also in place.
The 1-acre property is served by public water and includes on-site parking. All units are reported occupied, and the grounds are designed for straightforward upkeep. Located at 1702 Grammont Street in Monroe, Louisiana, the property offers a recently built multifamily configuration with consistent physical improvements across the portfolio.
The 1-acre property is served by public water and includes on-site parking. All units are reported occupied, and the grounds are designed for straightforward upkeep. Located at 1702 Grammont Street in Monroe, Louisiana, the property offers a recently built multifamily configuration with consistent physical improvements across the portfolio.
Key Highlights
- 10 total apartment units across five duplex buildings
- Each unit includes 720 heated square feet, two bedrooms, and one full bath
- Built in 2021 with matching duplex layouts
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
Business Placement
Demographics for 71201, LA
21,565
Population
10,352
Households
2.1
Avg Household Size
39
Median Age
43%
College-Educated
92%
High-School Grad
14.9 sq mi
ZIP Area
1,447
Density / Sq Mi
$53,538
Median Household Income
$44,262
Median Earnings
$882
Median Rent
$247,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five matching duplexes provide fully occupied apartments with consistent layouts and on-site parking.
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: 10 total apartment units across five duplex buildings; Each unit includes 720 heated square feet, two bedrooms, and one full bath; Built in 2021 with matching duplex layouts
