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Single-Family Rental Portfolio
For Sale
$399,000

204 HEARD STREET, West Monroe, LA 71292

RESIDENTIAL INCOME, West Monroe, LA

Property SizeContact for details
Days on Market478

Property Features for 204 HEARD STREET

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision MULTI-AREAS - SEE REMARKS
Standard status Active
APN Multiple

Taxes and HOA fees

Tax Description See Associated Docs.
Legal Description See Associated Docs.

Utilities

Cooling system Electric, Central Air
Water source Public
Listing Agency: Keller Williams Parishwide Partners · Keller Williams Realty
Listed By: Dustin James
Added: Jul 9, 2025 Changed: Oct 29 Last Checked: Oct 29 at 4:06AM
MLS# 215448

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 offering is a single-family rental portfolio consisting of nine homes. The package is described as a turnkey rental asset, with most properties currently rented to long-term tenants. Each home offers its own layout, creating flexibility for a range of tenant needs within the overall portfolio.

The homes are located across Monroe and West Monroe, Louisiana. The listing also provides a representative address of 204 Heard Street, West Monroe, LA 71292, supporting that the portfolio includes properties within West Monroe.

For investors seeking a buy-and-hold residential income strategy or an expansion of an existing rental business, a multi-home portfolio can simplify acquisition by bundling multiple homes into one transaction. The mix of long-term tenancy and distinct layouts may appeal to buyers looking for a consolidated way to assemble or grow a single-family rental portfolio in the Monroe and West Monroe area.

Key Highlights

  • Package of 9 single‑family rental homes in Monroe and West Monroe, Louisiana
  • Most homes are rented to long‑term tenants
  • Electric cooling with central air

Property Analytics

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Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

252
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Single family property - Acquire a portfolio of nine single-family rental homes in Monroe and West Monroe, Louisiana.
Where is this single family property located?
The property is located at 204 HEARD STREET West Monroe, LA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Package of 9 single‑family rental homes in Monroe and West Monroe, Louisiana; Most homes are rented to long‑term tenants; Electric cooling with central air
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