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9-Unit Multifamily Portfolio
For Sale
$373,900

706 S 7TH STREET, Monroe, LA 71202

RESIDENTIAL INCOME, Monroe, LA

Property SizeContact for details
Days on Market549

Property Features for 706 S 7TH STREET

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Porch
Exterior features Hard Surface Drive, Paved Street
Subdivision 121 South Monroe/I-20 To Buckhorn Bend
Standard status Active
APN 56493

Taxes and HOA fees

Tax Description multiple Properties. See associated docs
Legal Description multiple Properties. See associated docs

Utilities

Heating system Natural Gas, Electric (Heating)
Cooling system Electric

Building Details

Roof type Shingle
Listing Agency: DB Real Estate
Listed By: Julie Hansen · License #0000073507
Added: Mar 10, 2025 Changed: Sep 8 Last Checked: Sep 9 at 12:06AM
MLS# 213740

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 offering includes eight residential properties comprising nine rental units. The portfolio is fully occupied and offered in its current as-is, where-is condition. Improvements include porches, shingle roofs, hard-surface drives, and paved street access. Heating is provided by natural gas and electric systems, with electric cooling.

The properties are located at 706 S 7th Street, 715 Bryant, 911 S 3rd, two units at 1101 S 2nd, 1608 S 6th, 1625 S 6th, 1701 S 6th, and 1709 S 6th in Monroe, Louisiana. The offering combines multiple residential rental locations within one portfolio and includes existing occupancy across the units.

Key Highlights

  • 8 properties comprising 9 rental units
  • Fully occupied residential rental portfolio
  • Properties offered as‑is/where‑is

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Real Estate Agency Kitchen & Bath Showroom Skin Care Clinic HVAC Service Bakery

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

9
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

352
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Fully occupied residential rental portfolio with paved streets, hard-surface drives, porches, and as-is sale terms.
Where is this multifamily property located?
The property is located at 706 S 7TH STREET Monroe, LA.
What is the asking price?
The asking price for this property is $373,900.
What are key features of this property?
This property features: 8 properties comprising 9 rental units; Fully occupied residential rental portfolio; Properties offered as‑is/where‑is
More about this property
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