Rented Single-Family Investment
For Sale
$46,000
1608 S 6TH STREET, Monroe, LA 71202
MULTI_FAMILY - Monroe, LA
Property SizeContact for details
Days on Market141
Property Features for 1608 S 6TH STREET
General Information
Property type
Residential Multi Family
Property subtype
Other
Patio and Porch features
Porch
Subdivision
OUACHITA COTTON
Standard status
Active
APN
31154
Taxes and HOA fees
Tax Description
lot 5 sq 77 Ouachita Cottonmills 2nd addn
Legal Description
lot 5 sq 77 Ouachita Cottonmills 2nd addn
Utilities
Heating system
Wall Furnace, Natural Gas
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Roof type
Shingle
Listing Agency:
DB Real Estate
(318) 325-8351
Listed By:
Julie Hansen · License #0000073507
(318) 355-7301
Added: Apr 10
Changed: Aug 12
Last Checked: Aug 28 at 11:06PM
MLS# 218898
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 for-sale property is a single-family home that is currently rented. The existing tenant situation provides monthly rental income, and the home is positioned for buyers who want a straightforward, occupied property rather than a vacant rehab scenario.
Located at 1608 S 6TH STREET in Monroe, Louisiana 71202, the property is offered with purchasing flexibility. The listing notes options for buyers to acquire homes individually or as part of mixed packages, depending on how they build their portfolio.
For investors, an occupied, rented home can be attractive when the goal is to take ownership of a property with an in-place tenant and ongoing rent. For owner-occupant buyers, it can also serve as a housing option that includes rental income while plans are made for the property’s next stage. Interested parties should contact the listing broker for details on available purchase options and any additional terms associated with the package approach mentioned in the remarks.
Located at 1608 S 6TH STREET in Monroe, Louisiana 71202, the property is offered with purchasing flexibility. The listing notes options for buyers to acquire homes individually or as part of mixed packages, depending on how they build their portfolio.
For investors, an occupied, rented home can be attractive when the goal is to take ownership of a property with an in-place tenant and ongoing rent. For owner-occupant buyers, it can also serve as a housing option that includes rental income while plans are made for the property’s next stage. Interested parties should contact the listing broker for details on available purchase options and any additional terms associated with the package approach mentioned in the remarks.
Key Highlights
- Currently rented home with immediate cash flow, providing stable monthly income
- Heating includes natural gas and wall furnace
- Cooling includes wall/window and window unit(s)
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
Explore this area
Business Placement
Demographics for 71202, LA
27,535
Population
11,119
Households
2.5
Avg Household Size
34
Median Age
11%
College-Educated
77%
High-School Grad
115.4 sq mi
ZIP Area
239
Density / Sq Mi
$26,883
Median Household Income
$21,895
Median Earnings
$827
Median Rent
$77,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Currently rented home in Monroe, LA, providing monthly rental income with purchase flexibility for investors or occupants.
Where is this single family property located?
The property is located at 1608 S 6TH STREET Monroe, LA.
What is the asking price?
The asking price for this property is $46,000.
What are key features of this property?
This property features: Currently rented home with immediate cash flow, providing stable monthly income; Heating includes natural gas and wall furnace; Cooling includes wall/window and window unit(s)
