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7-Unit Multifamily Property
New
For Sale
$565,000

1103 & 1105 N 1ST STREET, Monroe, LA 71201

RESIDENTIAL INCOME, Monroe, LA

Property SizeContact for details
Days on Market3

Property Features for 1103 & 1105 N 1ST STREET

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RES
Interior features Ceiling Fan(s)
Elementary school Sallie Humble/Lexington
Middle school NEVILLE JUNIOR HIGH SCHOOL
High school NEVILLE CY
Directions GPS
Subdivision 112 Monroe Garden District
Standard status Active
APN 58059,58061,77302

Taxes and HOA fees

Tax Description SEE ASSOCIATED DOCS FOR LEGAL
Legal Description SEE ASSOCIATED DOCS FOR LEGAL

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1960
Number of units 7
Buildings 5
Listing Agency: Coldwell Banker Group One Realty
Listed By: Hannah Palmer
Added: Oct 27 Changed: Oct 28 Last Checked: Oct 29 at 7:06AM
MLS# 221419

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.

Rey
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Investment Insights

Based on property information with market context.

This multifamily portfolio includes 5 buildings and 7 units at 1103 N. 1st Street, 1105 N. 1st Street, and 811 N. 3rd Street in Monroe. The buildings date to 1960. Interior features include ceiling fans, with electric central heating and central air conditioning. Water service is public.

Key Highlights

  • Five buildings with 7 units across three Monroe addresses
  • Built in 1960
  • Electric central heating and central air conditioning

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,241
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The offering comprises five buildings distributed among three Monroe addresses.
Where is this multifamily property located?
The property is located at 1103 & 1105 N 1ST STREET Monroe, LA.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Five buildings with 7 units across three Monroe addresses; Built in 1960; Electric central heating and central air conditioning
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