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Four-Home Residential Income Package
For Sale
$275,000

200 LAZARRE AVENUE, West Monroe, LA 71292

RESIDENTIAL INCOME, West Monroe, LA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market100

Property Features for 200 LAZARRE AVENUE

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Porch
Interior features Ceiling Fan(s), Cable
Appliances Dishwasher, Refrigerator, Gas Range/Oven, Range Hood, Washer/Dryer Connect
Elementary school RIVERBEND O
Middle school RISER O
High school WEST OUACHITA
Directions Start in West Monroe and head toward Cotton St on Bridge St (US-80), then turn right onto Trenton St. Continue on S 1st St, turn right onto Coleman Ave, then left onto S 2nd St. Follow S 2nd St to reach your destination at **200 Lazarre Ave**.
Subdivision 151 WM-S of I-20/ Bawcomville-Brownville/Lazarre Pt
Standard status Active
APN 64323
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description LOT 7 SQ 16 A & E SOUTHERN ADDN
Legal Description LOT 7 SQ 16 A & E SOUTHERN ADDN

Utilities

Cooling system Central Air
Water source Public

Building Details

Year built 1930
Roof type Shingle
Listing Agency: Harrison Lilly
Listed By: Harrison Lilly · License #0995692997
Added: Jun 1 Changed: Sep 8 Last Checked: Sep 8 at 5:06PM
MLS# 219585

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 residential income package includes four single-family homes in West Monroe. The homes listed are at 508 Lazarre, 510 Lazarre, 200 Lazarre Avenue, and S 1st Street.

As provided, each property is currently tenant-occupied. The 508 Lazarre and 510 Lazarre homes are each configured as 2 bedroom/1 bath and 3 bedroom/1 bath, respectively, and are rented for $800/month. The 200 Lazarre home is described as 2 bedroom/1 bath and rented for $800/month. The S 1st Street home is described as a 2 bedroom/1 bath and rented for $750/month, with note that it can be remodeled back to a 3 bedroom/2 bath.

Financial information is available upon request. Showings are by appointment only with an accepted offer or proof of funds, and tenants should not be disturbed.

Key Highlights

  • Package of four single‑family homes in West Monroe—each currently tenant‑occupied
  • 508 Lazarre: 2 bed, 1 bath, rented for $800/month
  • 510 Lazarre: 3 bed, 1 bath, rented for $800/month

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store Tanning Salon Tattoo & Piercing Shop

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,043
Businesses Nearby

Demographics for 71292, LA

22,774
Population
10,257
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
153.7 sq mi
ZIP Area
148
Density / Sq Mi
$51,317
Median Household Income
$40,879
Median Earnings
$885
Median Rent
$119,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Income-producing package includes four single-family homes in West Monroe, all currently tenant-occupied.
Where is this multifamily property located?
The property is located at 200 LAZARRE AVENUE West Monroe, LA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Package of four single‑family homes in West Monroe—each currently tenant‑occupied; 508 Lazarre: 2 bed, 1 bath, rented for $800/month; 510 Lazarre: 3 bed, 1 bath, rented for $800/month
More about this property
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