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    308 Woodale Dr, Unit 2 Monroe, LA 71203

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    For Sale
    $350,000

    Four-unit multifamily property with full occupancy and modern amenities.

    Property size:
    3,200 SF

    Property Features for 308 Woodale Dr

    General Information

    Size
    3,200 SF

    Building Details

    Year built
    2018

    Source: Keller Williams Realty Parishwide Partners Agent Lisa Govan Realty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Four-Unit Multifamily Investment Opportunity

    This property presents an investment opportunity featuring two recently constructed duplexes, totaling four units. Units 1, 2, and 3 at 310 Woodale Apartments offer a 2-bedroom, 1.5-bathroom layout, while unit 4 provides a 1-bedroom, 1.5-bathroom configuration. All units are currently fully occupied. Each unit includes stainless steel appliances and a washer and dryer. The property size is 3200 square feet. Adjacent properties at 308 and 306 Woodale are also available for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.061828
    Latitude
    32.562326

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property with full occupancy and modern amenities.
    Where is this quadplex located?
    The property is located at 308 Woodale Dr, Unit 2 Monroe, LA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Four recently constructed units (two duplexes) offering immediate rental income.; - All units are currently fully occupied.; - Each unit includes **stainless steel appliances and a washer & dryer.**
    Request Owner's contact information
    308 Woodale Dr, Unit 2 Monroe, LA 71203
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    Monroe, LA 71203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 Woodale Dr, Unit 2 Monroe, LA 71203
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