Duplex Apartment
For Sale
$745,000
1702 GRAMMONT STREET, Monroe, LA 71201
RESIDENTIAL INCOME, Monroe, LA
Property SizeContact for details
Lot Size1.00 Acre
Days on Market263
Property Features for 1702 GRAMMONT STREET
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
(RI) Res.
Patio and Porch features
Porch
Interior features
Smoke Detector
Exterior features
Paved Street
Appliances
Refrigerator, Electric Range/Oven, Washer/Dryer Connect
Elementary school
CYPRESS POINT C
Middle school
CARROLL CY
High school
CARROLL CY
Directions
Stay on I-20 E toward Monroe. Exit to Garrett Rd and head south. Turn left onto Texas Ave, right onto N 18th St, then left onto Grammont St. Property will be on the right.
Subdivision
131 Monroe & OP-East/ Hwy 165 To Richland Parish
Standard status
Active
APN
24412
Lot size
1.00 Acre
Taxes and HOA fees
Tax Description
CONSOLIDATION OF LOTS 3 & 4 BEING A PORTION OF BLK AROSS'S ADDN IN SEC 57 18-4
Legal Description
CONSOLIDATION OF LOTS 3 & 4 BEING A PORTION OF BLK AROSS'S ADDN IN SEC 57 18-4
Utilities
Heating system
Electric (Heating), Wall Furnace
Cooling system
Electric
Water source
Public
Building Details
Year built
2021
Number of units
10
Roof type
Metal
Listing Agency:
Coldwell Banker Group One Realty
(318) 362-0007
Listed By:
Chelsea Ross
(318) 376-6986
Added: Feb 5
Changed: Oct 23
Last Checked: Oct 26 at 2:06AM
MLS# 217939
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.
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Investment Insights
Based on property information with market context.
This apartment building portfolio at 1702 Grammont Street comprises five matching duplexes with 10 total units. Each unit offers 720 heated square feet with two bedrooms, one full bath, a living area, and an efficient kitchen; each structure contains 1,440 total square feet. Built in 2021, the property is fully occupied and includes refrigerators, electric ranges/ovens, washer/dryer connections, porches, and on-site parking. Metal roofing, electric heating and cooling, and public water serve the buildings.
The property occupies 1 acre in Monroe, Louisiana, with access from a paved street. Uniform floor plans across the duplexes support consistent leasing and property management. Exterior features include smoke detectors and straightforward site improvements.
The property occupies 1 acre in Monroe, Louisiana, with access from a paved street. Uniform floor plans across the duplexes support consistent leasing and property management. Exterior features include smoke detectors and straightforward site improvements.
Key Highlights
- 10 total units across five identical 2‑bedroom, 1‑bath duplexes
- 720 heated square feet per unit and 1,440 total square feet per duplex
- Built in 2021 and fully occupied
Property Analytics
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Lease Details
10
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Five matching duplexes provide uniform layouts, on-site parking, and practical management across the portfolio.
Where is this apartment building located?
The property is located at 1702 GRAMMONT STREET 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 identical 2‑bedroom, 1‑bath duplexes; 720 heated square feet per unit and 1,440 total square feet per duplex; Built in 2021 and fully occupied
