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5-Property Multifamily Portfolio
For Sale
$199,000

59 CHARMINGDALE DRIVE, Monroe, LA 71202

RESIDENTIAL INCOME, Monroe, LA

Property SizeContact for details
Days on Market550

Property Features for 59 CHARMINGDALE DRIVE

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Porch
Exterior features Hard Surface Drive, Paved Street
Directions Multiple locations
Subdivision 121 South Monroe/I-20 To Buckhorn Bend
Standard status Active
APN 82758

Taxes and HOA fees

Tax Description see attached associated docs for legal info..etc
Legal Description see attached associated docs for legal info..etc

Utilities

Cooling system Electric
Water source Public

Building Details

Roof type Shingle
Listing Agency: DB Real Estate
Listed By: Julie Hansen · License #0000073507
Added: Mar 8, 2025 Changed: Sep 8 Last Checked: Sep 9 at 1:06AM
MLS# 213736

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 multifamily portfolio includes five residential properties at 59 Charmingdale Drive, 74 Charmingdale, 3309 Polk, 3401 Polk, and 3107 Jackson in Monroe. The properties are fully occupied and offered in their existing as-is, where-is condition. Individual measurements are approximate.

Property features include electric cooling, porches, shingle roofs, public water service, hard-surface drives, and paved street access. The portfolio is offered as a group, with showings coordinated through the listing contact and advance consideration for occupied residences.

Key Highlights

  • Five‑property multifamily portfolio in Monroe
  • Fully occupied residential properties
  • Addresses include 59 and 74 Charmingdale, 3309 and 3401 Polk, and 3107 Jackson

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Bed & Breakfast Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 71202, LA

27,535
Population
11,119
Households
2.5
Avg Household Size
34
Median Age
11%
College-Educated
77%
High-School Grad
115.4 sq mi
ZIP Area
239
Density / Sq Mi
$26,883
Median Household Income
$21,895
Median Earnings
$827
Median Rent
$77,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Fully occupied residential portfolio with public water, electric cooling, porches, and paved street access.
Where is this multifamily property located?
The property is located at 59 CHARMINGDALE DRIVE Monroe, LA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Five‑property multifamily portfolio in Monroe; Fully occupied residential properties; Addresses include 59 and 74 Charmingdale, 3309 and 3401 Polk, and 3107 Jackson
More about this property
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