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    1827 Monroe St Alexandria, LA 71301

    For Sale
    $32,000

    Craftsman, Duplex - Alexandria, LA

    Type:Duplex
    Property size:
    1,800 SF
    Lot size:
    0.13 Acres
    Days on Market:
    75
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 1827 Monroe St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Parking features
    Driveway
    EntryLevel
    1
    Size
    1,800 SF
    Lot size
    0.13 Acres

    Utilities

    Cooling system
    Window Unit(s)

    Building Details

    Floors in Building
    1
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Craftsman

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

    Listing agent JACOB GILCREASE (318) 619-7796

    Listing date Sep 23, 2025

    MLS# 2460617 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

    Updated Duplex in Alexandria, LA

    This duplex, located in Alexandria, LA, presents an investment opportunity. The property includes two units that have been recently updated and are currently occupied by tenants. The combined rental income is $700 per month. Recent improvements include a new roof, flooring, and siding, all completed within the last year. The property size is 1800 square feet and it sits on a lot of approximately 0.13 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -92.461628
    Latitude
    31.3068

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    FAQs

    What type of property is this?
    Duplex - Recently updated duplex, generating $700 monthly income, ideal for investors.
    Where is this duplex located?
    The property is located at 1827 Monroe St Alexandria, LA.
    What is the asking price?
    The asking price for this property is $32,000.
    What are key features of this property?
    This property features: - Income-generating duplex currently rented for $700/month.; - Recently updated units.; - New roof installed within the last year.
    (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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