Multifamily Portfolio with 7
2408 S GRAND STREET Monroe, LA 71202
For Sale
$229,000
MULTI_FAMILY - Monroe, LA
Days on Market503
Property Features for 2408 S GRAND STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Patio and Porch features
- Porch
- Exterior features
- Hard Surface Drive, Paved Street
- Standard status
- Active
- APN
- 54395
Taxes and HOA fees
- Tax Description
- multiple units. See Associated docs
Utilities
- Heating system
- Electric (Heating), Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Roof type
- Shingle
Listing Agency:
DB Real Estate
(318) 325-8351
Listed By:
Julie Hansen · License #0000073507
(318) 355-7301
Added: Mar 10, 2025
Changed: Jul 14
Last Checked: Jul 25 at 4:06PM
MLS# 213743
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 for-sale multifamily portfolio consists of five properties totaling seven rental units. The units are currently fully occupied, and the listing provides a stated monthly income of $3,450. The properties are being sold as-is/where-is, so buyers should plan for their own due diligence regarding condition and any required updates.
The portfolio includes addresses listed as 2408 S Grand, 2203 S Grand (A and B), 2703 Lee and 2709 Lee (A and B), and 3413 Halsell. For showings, contact Julie Hansen, and please do not disturb the tenants.
For investors seeking a small, income-producing multifamily package, the existing occupancy and collected monthly income may be a practical fit. Prospective buyers should review lease and tenant information as part of their process, and factor in the as-is nature of the sale when evaluating overall budget and timeline for any future improvements.
The portfolio includes addresses listed as 2408 S Grand, 2203 S Grand (A and B), 2703 Lee and 2709 Lee (A and B), and 3413 Halsell. For showings, contact Julie Hansen, and please do not disturb the tenants.
For investors seeking a small, income-producing multifamily package, the existing occupancy and collected monthly income may be a practical fit. Prospective buyers should review lease and tenant information as part of their process, and factor in the as-is nature of the sale when evaluating overall budget and timeline for any future improvements.
Key Highlights
- Investor portfolio of 5 properties with 7 rental units
- Fully occupied with monthly income reported as $3,450 (tenants on‑site; do not disturb)
- As‑is/where‑is sale per provided terms
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Fully occupied multifamily portfolio with 7 rental units across five properties, offered as-is for investment buyers.
Where is this apartment building located?
The property is located at 2408 S GRAND STREET Monroe, LA.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Investor portfolio of 5 properties with 7 rental units; Fully occupied with monthly income reported as $3,450 (tenants on‑site; do not disturb); As‑is/where‑is sale per provided terms
