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Seven-Unit Multifamily Property
For Sale
$125,000
Pending

106-116 GRAPE STREET, West Monroe, LA 71292

RESIDENTIAL INCOME, West Monroe, LA

Property SizeContact for details
Lot Size0.51 Acres
Days on Market166

Property Features for 106-116 GRAPE STREET

General Information

Property type Residential Multi Family
Property subtype Duplex
Exterior features Paved Street
Subdivision BREARD PLACE
Elementary school RIVERBEND O
Middle school RISER O
High school W MONROE O
Directions Head southwest on Bridge St, Turn left onto N 4th St. Turn right onto Natchitoches St. Turn left onto Plum St. Turn left onto Phillips St. Turn right onto Grape St. End at 106 Grape St
Special listing conditions In Foreclosure
Standard status Pending
APN 39704
Lot size 0.51 Acres

Taxes and HOA fees

Tax Description LOTS 4, 5, 6 & NO 10 FT LOT 7SQ 2 BREARD INV. CORP. RESUBLOTS 1 & 2 ZEIGINS ADDN OFJ C RANSOM EST.
Legal Description LOTS 4, 5, 6 & NO 10 FT LOT 7SQ 2 BREARD INV. CORP. RESUBLOTS 1 & 2 ZEIGINS ADDN OFJ C RANSOM EST.

Utilities

Cooling system Central Air
Water source Public

Building Details

Number of units 7
Listing Agency: Harrison Lilly
Listed By: DJ Fortenberry
Added: Apr 2 Changed: Sep 9 Last Checked: Sep 14 at 6:06AM
MLS# 218767

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 property includes seven rentable units arranged across five separate buildings on a 0.51-acre parcel. The unit addresses are 106 A and B, 110 A and B, 112, and 116 A and B Grape Street. Central air serves the units, and the property is located along a paved street with public water service.

Two units are occupied and producing rental income, while the remaining units provide additional leasing capacity. The property is offered as part of a package sale that includes other properties; further package details are available through the offering.

Key Highlights

  • Seven rentable units across five separate buildings
  • 0.51‑acre multifamily property on Grape Street
  • Two units currently occupied and generating rental income

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Pharmacy Tech Support Center Tanning Salon

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby

Demographics for 71292, LA

22,774
Population
10,257
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
153.7 sq mi
ZIP Area
148
Density / Sq Mi
$51,317
Median Household Income
$40,879
Median Earnings
$885
Median Rent
$119,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Five separate buildings contain rentable residential units with two currently occupied and connected to public water.
Where is this multifamily property located?
The property is located at 106-116 GRAPE STREET West Monroe, LA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Seven rentable units across five separate buildings; 0.51‑acre multifamily property on Grape Street; Two units currently occupied and generating rental income
More about this property
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