Professionally Managed Duplex
1702 GRAMMONT STREET Monroe, LA 71201
For Sale
$745,000
MULTI_FAMILY - Monroe, LA
Property Size1,440 SF
Lot Size1.00 Acre
Price / SF$517.36
Days on Market170
Property Features for 1702 GRAMMONT STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Patio and Porch features
- Porch
- Interior features
- Smoke Detector
- Exterior features
- Paved Street
- Appliances
- Refrigerator, Electric Range/Oven, Washer/Dryer Connect
- 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
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: Jul 9
Last Checked: Jul 25 at 4:06PM
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.
Investment Insights
Based on property information with market context.
This professionally managed duplex portfolio at 1702 Grammont St includes five identical duplex structures, totaling 10 residential units. Each unit is a 2-bedroom, 1-bath layout with approximately 720 heated square feet, built in 2021. The interiors are arranged for practical living, with a living area leading into an efficient kitchen, followed by two bedrooms and one full bath. With a uniform floor plan across the duplexes, day-to-day management and leasing are streamlined.
The property is located in Monroe, Louisiana, and sits on a 1-acre lot. The exterior grounds are designed for straightforward maintenance, and there is on-site parking to support tenant needs. A rent roll is available with current monthly rents reported between $695 and $755 across the units. Reported gross income is $83,803 with net income of $59,664.
For buyers seeking a modern, fully occupied multifamily income property with repeatable unit design, this portfolio provides 10 units in a consistent configuration. Showings are available after an accepted offer, and a video walkthrough is available for review prior to scheduling. The combination of recent construction, full occupancy, and established rent reporting supports a practical, ready-to-manage acquisition profile.
The property is located in Monroe, Louisiana, and sits on a 1-acre lot. The exterior grounds are designed for straightforward maintenance, and there is on-site parking to support tenant needs. A rent roll is available with current monthly rents reported between $695 and $755 across the units. Reported gross income is $83,803 with net income of $59,664.
For buyers seeking a modern, fully occupied multifamily income property with repeatable unit design, this portfolio provides 10 units in a consistent configuration. Showings are available after an accepted offer, and a video walkthrough is available for review prior to scheduling. The combination of recent construction, full occupancy, and established rent reporting supports a practical, ready-to-manage acquisition profile.
Key Highlights
- 2021‑built duplex portfolio with 10 total units across five identical 2BR/1BA duplexes
- Each unit offers 720 heated SF; each duplex totals 1,440 heated SF per structure
- Fully occupied with reported gross income of $83,803 and net income of $59,664
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Built in 2021 and fully occupied, this 10-unit duplex portfolio offers consistent rental income with on-site parking.
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: 2021‑built duplex portfolio with 10 total units across five identical 2BR/1BA duplexes; Each unit offers 720 heated SF; each duplex totals 1,440 heated SF per structure; Fully occupied with reported gross income of $83,803 and net income of $59,664
