Back to Search
Single-Family Rental Portfolio

420 PARGOUD DRIVE Monroe, LA 71202

420 PARGOUD DRIVE, Monroe, LA, 71202
$490,000
For Sale
$490,000

MULTI_FAMILY - Monroe, LA

Days on Market378

Property Features for 420 PARGOUD DRIVE

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
Multiple

Taxes and HOA fees

Tax Description
See Associated Docs.

Utilities

Cooling system
Electric, Central Air, Gas (Cooling)
Water source
Public
Listing agency Keller Williams Parishwide Partners
Listed by Dustin James · License #0912124481
Added: Jul 9, 2025 Updated: Jul 12 at 8:39PM Checked: Jul 21 at 10:06PM
MLS# 215446

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 offering is a package of seven single-family homes positioned as a residential income portfolio. According to the seller’s remarks, most of the homes are currently rented to long-term tenants, creating a built-in mix of income-producing units within the overall group. The homes also vary in layout, which can appeal to a range of household types.

The portfolio is located in Monroe and West Monroe, Louisiana. While the specific property addresses are part of the package, the listing’s provided location is 420 PARGOUD DRIVE, Monroe, LA 71202.

For buyers seeking a straightforward way to acquire multiple rental homes at once, this configuration can support an investor’s rental business operations and ongoing property management needs. It may also suit buyers looking for a residential portfolio where some units are already in place with long-term tenancy, while the overall set provides additional flexibility for portfolio management decisions. Please reach out for the financial details and to schedule a private consultation.

Key Highlights

  • 8‑home rental portfolio made up of 7 single‑family homes in Monroe and West Monroe, Louisiana
  • Most homes are rented to long‑term tenants, supporting a consistent rental income stream
  • Each property has a unique layout to fit a variety of tenant needs

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Law Firm Hair Salon Spa & Massage Center Restaurant Nail Salon Auto Repair Shop Pharmacy Big Box & Wholesale Store Electrical Service

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

FAQs

What type of property is this?
Single family property - Seven single-family rental homes in Monroe and West Monroe, offering an investor-ready residential portfolio with existing tenant occupancy on most units.
Where is this single family property located?
The property is located at 420 PARGOUD DRIVE Monroe, LA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 8‑home rental portfolio made up of 7 single‑family homes in Monroe and West Monroe, Louisiana; Most homes are rented to long‑term tenants, supporting a consistent rental income stream; Each property has a unique layout to fit a variety of tenant needs
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message