309 TENNESSEE STREET, Monroe, LA 71203

Building Details

Year built

1947

Building materials

Brick, Brick Veneer

Roof type

Asphalt, Shingle

Architectural style

Other

Additional Structures

Packing Shed, Shed(s)

Listing agent Harrison Lilly Show Phone

Listing office Harrison Lilly 1309 Louisville Ave, Monroe, LA Show Phone

Listing date Feb 26, 2026

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MLS# 218209 Listing URL

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.

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Overview

This for-sale single-family residence at 309 Tennessee Street offers a practical layout with 2 bedrooms and 1 bathroom. The home is presented as a rental opportunity, with tenants responsible for all utilities. The current long-term rental rate is listed at $650 per month, making it a simple setup for investors seeking residential income.

The property is located in Monroe, Louisiana, at the stated address. Showings are available with 24-hour notice once an accepted offer is in place.

For buyers looking for a manageable rental asset, the combination of a small residential configuration and tenant-paid utilities can support day-to-day operational simplicity. The home’s setup is consistent with an investor-run rental where the owner retains responsibility for the property while utilities are handled by the tenant. If you’re evaluating residential income options in Monroe, this 2-bedroom, 1-bath home provides a clear, straightforward basis for underwriting based on the listed rent and tenant utility responsibility.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Skin Care Clinic

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

Location Insight

• Map
• Local Demand

City

Monroe

County

Ouachita

State

Louisiana

Longitude

-92.05536

Latitude

32.530544

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FAQs

What type of property is this?

Single family property - For sale single-family rental with two bedrooms, one bath, and tenant-paid utilities for straightforward residential income.

Where is this single family property located?

The property is located at 309 TENNESSEE STREET Monroe, LA.

What is the asking price?

The asking price for this property is $50,000.

What are key features of this property?

This property features: 2‑bedroom, 1‑bath home at 309 Tennessee St in Monroe; Long‑term rental rate: $650/month; tenants pay all utilities; Central air and natural gas heating