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    1827 Monroe St Alexandria, LA 71301

    For Sale
    $125,000

    Cottage, Other - Alexandria, LA

    Property size:
    4,230 SF
    Lot size:
    0.13 Acres
    Days on Market:
    145
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1827 Monroe St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    EntryLevel
    1
    Size
    4,230 SF
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Window Unit(s)

    Building Details

    Floors in Building
    1
    Number of units
    4
    Building materials
    Frame
    Roof type
    Shingle
    Architectural style
    Cottage

    Keller Williams Realty Cenla Partners (225) 892-7991 [email protected]

    Listing agent JACOB GILCREASE (318) 619-7796

    Listing date Jul 14, 2025

    MLS# 2511881 Listing URL

    Copyright © 2025 Greater Central Louisiana REALTORS® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Alexandria Multifamily Investment Opportunity

    This investor package features multiple units for sale in Alexandria, Louisiana, offering a combined rental income of $2000 per month. The properties include 1827 Monroe, currently rented for $350 per month; 109 Cook, also rented for $350 per month; 1760 Elliott, with a monthly rent of $600; and 1616 Rensselaer, generating $700 per month. The total property size is 4230 square feet, situated on a 0.1288-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Rapides
    State
    Louisiana
    Longitude
    -92.4616063
    Latitude
    31.3068456

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    FAQs

    What type of property is this?
    Quadplex - Multiple units for sale, generating $2000 monthly rental income.
    Where is this quadplex located?
    The property is located at 1827 Monroe St Alexandria, LA.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Total rental income of $2000 per month.; - Investor package with multiple units for sale.; - 1616 Rensselaer unit rented for $700 per month.
    (318) 619-7796
    Request Owner's contact information
    1827 Monroe St Alexandria, LA 71301
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    Alexandria, LA 71301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1827 Monroe St Alexandria, LA 71301
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