Rented Residential Income
For Sale
$45,000
1008 S 5TH STREET, Monroe, LA 71201
MULTI_FAMILY - Monroe, LA
Days on Market112
Property Features for 1008 S 5TH STREET
General Information
Property type
Residential Multi Family
Property subtype
Other
Patio and Porch features
Porch
Exterior features
Paved Street
Directions
texas ave, left on 5th, house on right
Subdivision
121 South Monroe/I-20 To Buckhorn Bend
Standard status
Active
APN
18083
Taxes and HOA fees
Tax Description
lot 5 sq 33-a ouachita cottonmills 2nd addn
Legal Description
lot 5 sq 33-a ouachita cottonmills 2nd addn
Utilities
Heating system
Wall Furnace, Natural Gas
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Roof type
Shingle
Listing Agency:
DB Real Estate
(318) 325-8351
Listed By:
Julie Hansen · License #0000073507
(318) 355-7301
Added: Apr 10
Changed: Jul 21
Last Checked: Jul 30 at 3:06PM
MLS# 218896
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 is a currently rented residential income property at 1008 S 5TH STREET in Monroe, Louisiana. The home is being offered as an income-producing, cash-flowing asset with stable monthly income per the seller’s remarks.
The property is listed for sale in a flexible format, with options to buy individually or mix and match packages, depending on portfolio needs.
For details on pricing and available purchasing options, contact the listing team.
The property is listed for sale in a flexible format, with options to buy individually or mix and match packages, depending on portfolio needs.
For details on pricing and available purchasing options, contact the listing team.
Key Highlights
- Currently rented home generating immediate cash flow
- Public water service
- Natural gas heating with wall furnaces
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,062
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Currently rented single-family home in Monroe, offering stable monthly income and flexible purchasing options.
Where is this multifamily property located?
The property is located at 1008 S 5TH STREET Monroe, LA.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Currently rented home generating immediate cash flow; Public water service; Natural gas heating with wall furnaces
