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Tenant-Occupied Residential Income Home
For Sale
$160,000

2205 FANNIE STREET, Monroe, LA 71201

RESIDENTIAL INCOME, Monroe, LA

Property SizeContact for details
Lot Size0.24 Acres
Days on Market104

Property Features for 2205 FANNIE STREET

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Res. Impro
Parking 2
Patio and Porch features Patio
Interior features Ceiling Fan(s), Smoke Detector
Exterior features Gutters
Appliances Dishwasher, Refrigerator, Gas Range/Oven, Range Hood, Gas Surface Unit, Washer/Dryer Connect
Subdivision WESTWOOD ADDN
Elementary school Sallie Humble/Lexington
Middle school NEVILLE JUNIOR HIGH SCHOOL
High school NEVILLE CY
Directions From Louisville Ave, turn left onto Oliver Rd, turn left onto Tower Dr, turn right onto West Ave, turn right onto Fannie St
Standard status Active
APN 51473
Lot size 0.24 Acres

Taxes and HOA fees

Tax Description EAST 50 FT LOT 9 & W 30 FT LOT10 SQ 5 WESTWOOD ADDN
Legal Description EAST 50 FT LOT 9 & W 30 FT LOT10 SQ 5 WESTWOOD ADDN

Utilities

Heating system Natural Gas
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1959
Number of units 1
Roof type Shingle
Listing Agency: Coldwell Banker Group One Realty
Listed By: Chelsea Ross
Added: May 28 Changed: Sep 8 Last Checked: Sep 8 at 8:06PM
MLS# 219536

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.

2205 Fannie Street in Monroe, LA is a tenant-occupied 3-bedroom, 1.5-bath residence configured for comfortable everyday living. The kitchen includes ample cabinet and countertop space and a dining area that connects to a dedicated laundry room with room for additional storage. The inviting living room features built-in bookshelves and opens to an extra room that can be used as an office or a gaming room. The primary bedroom offers space and an adjoining jack-and-jill bathroom with a private vanity and toilet room, while the second half bath serves guests and opens to the hallway. Recent improvements include a new stove top and new flooring in part of the house completed in late 2025.

The property is located in the Sally Humble school zone. It is currently occupied by a tenant, with stated rent of $1,320.

This setup may appeal to buyers seeking an income-generating residential property with a straightforward layout and practical interior amenities, including a laundry room with storage potential and a flexible extra room. The recent updates from late 2025 can help support day-to-day functionality for the next owner while maintaining the home’s existing residential use.

Key Highlights

  • 3‑bedroom, 1.5‑bath home in the Sally Humble school zone
  • Currently tenant‑occupied with rent of $1,320
  • New flooring in part of the house and a new stove top completed in late 2025

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Daycare Center Florist Wine and Liquor 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
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,854
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - A tenant-occupied 3-bedroom home in the Sally Humble school zone with recent in-house updates and flexible extra room space.
Where is this single family property located?
The property is located at 2205 FANNIE STREET Monroe, LA.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 3‑bedroom, 1.5‑bath home in the Sally Humble school zone; Currently tenant‑occupied with rent of $1,320; New flooring in part of the house and a new stove top completed in late 2025
More about this property
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