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Updated Duplex with Guest House
For Sale
$429,900
Pending

1315 N 3RD STREET, Monroe, LA 71201

RESIDENTIAL INCOME, Monroe, LA

Property SizeContact for details
Days on Market33

Property Features for 1315 N 3RD STREET

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Patio, Porch
Interior features Jet Tub, Ceiling Fan(s), Smoke Detector, Garage Door Opener, Walk In Closet
Exterior features Hard Surface Drive, Guest House, Paved Street, Apartment, Garage Apartment
Fireplace 1
Appliances Dishwasher, Refrigerator, Gas Range/Oven, Electric Range/Oven, Microwave, Range Hood, Washer/Dryer Connect
Subdivision D A BREARD JR
Elementary school Sallie Humble/Lexington
Middle school NEVILLE JUNIOR HIGH SCHOOL
High school NEVILLE CY
Directions Riverside to Glenmar. House is on thecorner of N3 & Glenmar. Parking availableoff of N3 (alley) & on Glenmar.
Standard status Pending
APN 77399

Taxes and HOA fees

Tax Description LOT IN SQ 19 D A BREARD JRSHOMEADDN FRTG 74.90 FT ON WSIDE 3RD ST,DEPTH 157.74 FTALONG SO SIDEGLENMAR AVE.
Legal Description LOT IN SQ 19 D A BREARD JRSHOMEADDN FRTG 74.90 FT ON WSIDE 3RD ST,DEPTH 157.74 FTALONG SO SIDEGLENMAR AVE.

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Amenities

covered porch
mature landscaping
wood floors
built-in cabinetry
tall ceilings
ornate trim
granite countertops
stainless steel appliances
kitchen island
unfinished floored attic
private fenced yard
dedicated parking
in-unit laundry

Building Details

Number of units 2
Additional Structures Guest House
Listing Agency: eXp Realty, LLC
Listed By: Ethan Landry · License #0995681612
Added: Jul 27 Changed: Aug 28 Last Checked: Aug 28 at 9:06PM
MLS# 220569

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 Monroe duplex includes a historic primary residence and a detached guest house with separate living accommodations. The main home offers 3 bedrooms, a sunroom that can function as a 4th bedroom, 2.5 bathrooms, an office adjoining the primary suite, and an unfinished floored attic reached by standard stairs. Interior details include wood flooring, built-in cabinetry, tall ceilings, ornate trim, and a kitchen with granite counters, stainless appliances, and an island.

The 1,364 HSQF guest house contains 2 bedrooms, 1.5 bathrooms, a large living area, a remodeled kitchen with appliances, and in-unit laundry. It also includes a private fenced yard and dedicated parking. Additional property features include a covered porch, mature landscaping, paved street access, a hard-surface drive, garage apartment space, central heating and cooling, and public water.

Key Highlights

  • Detached 1,364 HSQF guest house with 2 bedrooms and 1.5 bathrooms
  • Main residence includes 3 bedrooms, a sunroom, and 2.5 bathrooms
  • Guest house offers a remodeled kitchen, in‑unit laundry, private fenced yard, and dedicated parking

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Spa & Massage Center Restaurant

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

953
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Historic main residence paired with a remodeled guest house, private yard, and dedicated parking.
Where is this duplex located?
The property is located at 1315 N 3RD STREET Monroe, LA.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Detached 1,364 HSQF guest house with 2 bedrooms and 1.5 bathrooms; Main residence includes 3 bedrooms, a sunroom, and 2.5 bathrooms; Guest house offers a remodeled kitchen, in‑unit laundry, private fenced yard, and dedicated parking
More about this property
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