Search
10-Unit Duplex Portfolio
For Sale
$745,000

1702 Grammont St, Monroe, LA 71201

Five matching duplex structures offer uniform layouts and on-site parking.

Property Size1,440 SF
Price / SF$517.36
Days on Market204

Property Features for 1702 Grammont St

General Information

Standard status Active
Size 1,440 SF
Property subtype Investment
Zoning R-4
Occupancy 100%
Net Operating Income $59,664

Financials

Asking Price $775,000
Gross Income $83,803

Units

Unit Mix 10 x 2BR/1BA
Multifamily Units 10

Amenities

on-site parking

Building Details

Year Built 2021
Buildings 5
Listing Agency: Coldwell Banker Group One Real
Listed By: Chelsea Ross
Source: Lacdb.resimplifi
Added: Feb 5 Changed: Aug 28 Last Checked: Aug 28 at 9:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Group One Real

Investment Insights

Based on property information with market context.

Located at 1702 Grammont St in Monroe, this residential income property comprises five matching duplex structures completed in 2021. The portfolio contains 10 total units, with each unit offering 720 heated square feet, two bedrooms, and one full bath. Each structure contains 1,440 total square feet, while the consistent floor plans simplify day-to-day management and leasing across the property.

The interiors place the living area alongside an efficient kitchen, followed by two bedrooms and a full bathroom. The grounds are designed for straightforward upkeep and include on-site parking. The property is fully occupied and carries R-4 zoning.

Key Highlights

  • 10 total units across five duplex structures
  • 2021 construction with uniform floor plans
  • Each unit includes 720 heated square feet, 2 bedrooms, and 1 full bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Garden Center Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Storage Facility

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

10
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

488
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Five matching duplex structures offer uniform layouts and on-site parking.
Where is this duplex located?
The property is located at 1702 Grammont St Monroe, LA.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: 10 total units across five duplex structures; 2021 construction with uniform floor plans; Each unit includes 720 heated square feet, 2 bedrooms, and 1 full bath
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message