2408 GRAND STREET, Monroe, LA 71202

Building Details

Building materials

Brick, Brick Veneer, Frame

Roof type

Asphalt, Shingle

Architectural style

Other

Listing agent Julie Hansen Show Phone

Listing office DB Real Estate 2400 Newcombe Street Suite A, Monroe, LA Show Phone

Listing date Mar 10, 2025

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MLS# 213743 Listing URL

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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Overview

This offering is a multifamily portfolio consisting of five separate properties with a total of seven rental units. The properties are fully occupied, and the sale will be conducted as-is/where-is, with all measurements noted as approximate.

The portfolio includes addresses on Grand Street and Lee Street: 2408 Grand, 2203 Grand A and 2203 Grand B, 2703 Lee and 2709 Lee A and 2709 Lee B, and 3413 Halsell. For access and scheduling, showings require coordination through the listing contact, and tenants should not be disturbed.

For investors seeking an income-producing multifamily package with multiple small-unit components, this structure can simplify acquisition compared to assembling units individually. The seller notes fully occupied monthly income of $3,450 and requests that interested parties follow the showing instructions and confirm details directly during the transaction process.

Map

City

Monroe

County

Ouachita

State

Louisiana

Longitude

-92.113133

Latitude

32.479508

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FAQs

What type of property is this?

Apartment building - Five properties with seven total rental units, fully occupied, sold as-is/where-is for investor buyers.

Where is this apartment building located?

The property is located at 2408 GRAND STREET Monroe, LA.

What is the asking price?

The asking price for this property is $229,000.

What are key features of this property?

This property features: Portfolio includes 5 properties with 7 rental units, fully occupied; Reported fully occupied monthly income of $3,450; Exterior features include hard surface drive and paved street