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10-Unit Duplex Portfolio
For Sale
$725,000

1702 GRAMMONT STREET, Monroe, LA 71201

RESIDENTIAL INCOME, Monroe, LA

Property SizeContact for details
Lot Size1.00 Acre
Days on Market266

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

Additional Details

Tenant in Place Yes

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
Buildings 5
Listing Agency: Coldwell Banker Group One Realty
Listed By: Chelsea Ross
Added: Feb 5 Changed: Oct 27 Last Checked: Oct 29 at 2:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

Built in 2021, this one-acre duplex property comprises five matching buildings and 10 units. Each unit offers 720 square feet, with two bedrooms and one full bathroom. The property is fully occupied and has on-site parking, porches, and a metal roof. Public water serves the site, and the street is paved.

The property is located at 1702 Grammont Street in Monroe, Louisiana. Each unit includes a living area and kitchen, with washer and dryer connections, a refrigerator, and an electric range/oven.

Key Highlights

  • 10 units across five duplex buildings
  • Each unit has 720 square feet, two bedrooms, and one full bathroom
  • Built in 2021 on 1 acre

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Five matching buildings provide consistent two-bedroom layouts and on-site parking.
Where is this duplex located?
The property is located at 1702 GRAMMONT STREET Monroe, LA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 10 units across five duplex buildings; Each unit has 720 square feet, two bedrooms, and one full bathroom; Built in 2021 on 1 acre
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