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Rented Residential Income Home
For Sale
$46,000

1612 S 5TH STREET, Monroe, LA 71201

MULTI_FAMILY - Monroe, LA

Property SizeContact for details
Days on Market141

Property Features for 1612 S 5TH STREET

General Information

Property type Residential Multi Family
Property subtype Other
Directions winnsboro rd, right on 5th, house on left
Subdivision 121 South Monroe/I-20 To Buckhorn Bend
Standard status Active
APN 49914

Taxes and HOA fees

Tax Description lot 7sq 78 Ouachita Cottonmills 2nd addn
Legal Description lot 7sq 78 Ouachita Cottonmills 2nd addn

Utilities

Heating system Natural Gas, Wall Furnace
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Number of units 1
Roof type Shingle
Listing Agency: DB Real Estate
Listed By: Julie Hansen · License #0000073507
Added: Apr 10 Changed: Aug 5 Last Checked: Aug 28 at 11:06PM
MLS# 218899

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 is a currently rented residential income property at 1612 S 5TH STREET in Monroe, Louisiana (71201-0000). The home is presented as generating stable monthly income, with the added flexibility for purchasers who want to buy individually or as part of mixed-and-match purchase packages.

The listing is marketed as an investment option and notes that there are “options” available based on how you choose to build a portfolio. For buyers seeking straightforward ownership of a single rented home, this property is positioned as a plug-in income asset, with the ability to scale through additional properties via package selections.

Additional operational details beyond the fact that it is currently rented and producing monthly income are not provided in the remarks.

Key Highlights

  • Currently rented home, generating monthly income
  • Heating: natural gas wall furnaces
  • Cooling: window and wall/window unit(s)

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Cafe & Coffee Shop Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

286
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Currently rented residential income property in Monroe, offering stable monthly income and flexible purchase options.
Where is this single family property located?
The property is located at 1612 S 5TH 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, generating monthly income; Heating: natural gas wall furnaces; Cooling: window and wall/window unit(s)
More about this property
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