Single-Family Rental
For Sale
$399,000
204 HEARD STREET, West Monroe, LA 71292
RESIDENTIAL INCOME, West Monroe, LA
Property SizeContact for details
Days on Market432
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
(318) 812-7653
Listed By:
Dustin James · License #0912124481
(318) 282-6000
Added: Jul 9, 2025
Changed: Sep 9
Last Checked: Sep 13 at 5:06PM
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.
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.
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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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Acquire a portfolio of nine single-family rental homes in Monroe and West Monroe, Louisiana.
Where is this multifamily 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
