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Duplex Rental Property with Wall Furnaces
For Sale
$75,000

1008 S 4TH STREET, Monroe, LA 71201

MULTI_FAMILY - Monroe, LA

Property SizeContact for details
Days on Market142

Property Features for 1008 S 4TH STREET

General Information

Property type Residential Multi Family
Property subtype Duplex
Directions texas ave, left on s 4th, duplex on right
Subdivision 121 South Monroe/I-20 To Buckhorn Bend
Standard status Active
APN 38183

Taxes and HOA fees

Tax Description lot 3 union dev. co resub sq32-a Ouachita cotton mills 2nd addn
Legal Description lot 3 union dev. co resub sq32-a Ouachita cotton mills 2nd addn

Utilities

Heating system Natural Gas, Wall Furnace
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Roof type Shingle
Listing Agency: DB Real Estate
Listed By: Julie Hansen · License #0000073507
Added: Apr 10 Changed: Aug 5 Last Checked: Aug 29 at 12:06AM
MLS# 218894

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 duplex rental property offers two units in a single building configuration. The home is heated with natural gas wall furnaces. Cooling is provided by wall/window unit(s) and window unit(s).

Water service is public, and the roof is shingled. Located at 1008 S 4TH STREET in Monroe, LA 71201-0000, the property is presented as a straightforward duplex option for investors seeking a rental-focused asset.

The layout supports duplex operations with individual living spaces under one roof, with core utilities and HVAC components already in place.

Key Highlights

  • Duplex rental property
  • Natural gas wall furnace heating
  • Wall/window and window unit(s) cooling

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Travel Agency Tanning Salon Pet Store & Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

Demographics for 71201, LA

21,565
Population
10,352
Households
2.1
Avg Household Size
39
Median Age
43%
College-Educated
92%
High-School Grad
14.9 sq mi
ZIP Area
1,447
Density / Sq Mi
$53,538
Median Household Income
$44,262
Median Earnings
$882
Median Rent
$247,100
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?
Duplex - Duplex rental property with natural gas wall furnaces, window AC, public water, and a shingle roof.
Where is this duplex located?
The property is located at 1008 S 4TH STREET Monroe, LA.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Duplex rental property; Natural gas wall furnace heating; Wall/window and window unit(s) cooling
More about this property
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