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Waterfront Duplex-Style Income Property
For Sale
$274,000

2022 FILHIOL AVENUE, Monroe, LA 71203

MULTI_FAMILY - Monroe, LA

Days on Market142

Property Features for 2022 FILHIOL AVENUE

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Patio
Interior features Ceiling Fan(s)
Exterior features Paved Street
Fireplace 1
Appliances Dishwasher, Refrigerator, Range Hood
Subdivision CRESCENT BEND
Standard status Active
APN 53343

Taxes and HOA fees

Tax Description LOT IN SQ 70 CRESCENT BENDADDNBEG 100 FT NO OF SW COR, E175FT, NO 165.63 FT, NO 156.18FT, SW100.27 FT, SO 64.38 FT,SO 41.65 FT, SO117.5 FT, W87.50
Legal Description LOT IN SQ 70 CRESCENT BENDADDNBEG 100 FT NO OF SW COR, E175FT, NO 165.63 FT, NO 156.18FT, SW100.27 FT, SO 64.38 FT,SO 41.65 FT, SO117.5 FT, W87.50

Utilities

Heating system Central
Cooling system Electric
Listing Agency: Cypress State Realty
Listed By: Scott Leo · License #995694263
Added: Mar 11 Changed: Jul 29 Last Checked: Jul 30 at 12:06PM
MLS# 218620

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 site-built concrete-on-slab property was originally constructed as a duplex and is currently leased to the Oxford Foundation as a sober living home. The home contains 5 bedrooms, 3 bathrooms, two living rooms, and two large kitchens, one on each side of the property, with a layout that allows for flexibility for future reconfiguration back to a traditional duplex.

The property is situated on a waterfront lot with a spacious backyard. Additional improvements include two central air and heat systems, updated sewer lines, and plumbing improvements throughout.

A leasing and rental history is in place, with the property reporting rental income of $2,100 per month and continued occupancy since the seller acquired it in 2023. The seller will have tree limbs in the yard cleaned up prior to closing.

Key Highlights

  • Concrete‑on‑slab waterfront lot leased to the Oxford Foundation as a sober living home, generating $2,100/month
  • 5 bedrooms and 3 bathrooms with two living rooms and two large kitchens (one on each side of the home)
  • Originally constructed as a duplex; potential to convert back to a traditional duplex in the future

Property Analytics

Current Use

Restoration House Social Service Agency Restoration Ministries of Monroe Rehabilitation Center

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Parking Lot & Garage Electrical Service Kitchen & Bath Showroom

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby

Demographics for 71203, LA

37,438
Population
17,178
Households
2.2
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
118.5 sq mi
ZIP Area
316
Density / Sq Mi
$46,822
Median Household Income
$35,630
Median Earnings
$987
Median Rent
$181,200
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?
Duplex - Site-built concrete-on-slab duplex originally, currently leased and configured with two living areas and large kitchens on each side.
Where is this duplex located?
The property is located at 2022 FILHIOL AVENUE Monroe, LA.
What is the asking price?
The asking price for this property is $274,000.
What are key features of this property?
This property features: Concrete‑on‑slab waterfront lot leased to the Oxford Foundation as a sober living home, generating $2,100/month; 5 bedrooms and 3 bathrooms with two living rooms and two large kitchens (one on each side of the home); Originally constructed as a duplex; potential to convert back to a traditional duplex in the future
More about this property
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