Occupied Residential Income
For Sale
$62,500
107 BANCROFT BOULEVARD, West Monroe, LA 71292
RESIDENTIAL INCOME, West Monroe, LA
Property Size1,200 SF
Price / SF$52.08
Days on Market171
Property Features for 107 BANCROFT BOULEVARD
General Information
Property type
Residential Multi Family
Property subtype
Other
Patio and Porch features
Patio
Interior features
Ceiling Fan(s)
Exterior features
Gravel Drive
Subdivision
RIVERBEND ADDN
Standard status
Active
APN
38925
Taxes and HOA fees
Tax Description
LOT 6 C A LONGS RESUB SQ 7ZEIGINSRESUB RANSOM TRACT
Legal Description
LOT 6 C A LONGS RESUB SQ 7ZEIGINSRESUB RANSOM TRACT
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1952
Roof type
Shingle
Listing Agency:
Cypress State Realty
(318) 728-4043
Listed By:
Scott Leo
(318) 535-3967
Added: May 12
Changed: Oct 8
Last Checked: Oct 29 at 12:06PM
MLS# 219373
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.
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Investment Insights
Based on property information with market context.
This residential income property is a 3-bedroom, 1-bath home with approximately 1,200 heated square feet. It includes central air and heat, updated flooring, and repaired floor joists, along with a functional floor plan. The property is currently occupied by a long-term Section 8 tenant who has lived there for 10+ years.
The home is located in West Monroe, Louisiana, with convenient access to the interstate and nearby shopping, restaurants, and local amenities.
For investors or buyers seeking an occupied, income-producing residential asset, the current tenant history and in-place rental situation may be of interest. The tenant has been in place for 10+ years, and the property is shown by appointment only. Please do not disturb the tenant.
The home is located in West Monroe, Louisiana, with convenient access to the interstate and nearby shopping, restaurants, and local amenities.
For investors or buyers seeking an occupied, income-producing residential asset, the current tenant history and in-place rental situation may be of interest. The tenant has been in place for 10+ years, and the property is shown by appointment only. Please do not disturb the tenant.
Key Highlights
- 3 bed, 1 bath home with approximately 1,200 heated SF in West Monroe
- Long‑term Section 8 tenant has lived at the property for 10+ years (occupied)
- Central heat and central air
Property Analytics
Who owns this building?
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Lease Details
100%
Occupancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Single family property - 3 bed, 1 bath residence with central air and heat, currently occupied by a long-term Section 8 tenant.
Where is this single family property located?
The property is located at 107 BANCROFT BOULEVARD West Monroe, LA.
What is the asking price?
The asking price for this property is $62,500.
What are key features of this property?
This property features: 3 bed, 1 bath home with approximately 1,200 heated SF in West Monroe; Long‑term Section 8 tenant has lived at the property for 10+ years (occupied); Central heat and central air
