Multifamily Portfolio with 7 Units

2408 S GRAND STREET, Monroe, LA 71202

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For Sale

$229,000

MULTI_FAMILY - Monroe, LA

HighLights

5 properties with 7 rental units (income‑producing and fully occupied)
Total monthly income reported as $3,450
Public water supply and shingle roof
Heating includes electric and natural gas; cooling is electric
Exterior includes hard surface drive and paved street access
Each unit offers a porch

We can help!

Contact an agent

Julie Hansen

For Sale

$229,000

MULTI_FAMILY - Monroe, LA

Added:: Mar 10, 2025
Days on Market:: 487
Last Refresh:: Jul 9 at 12:06 am

Property Features for 2408 S GRAND STREET

General Information

Property type: Residential Multi Family
Property subtype: Other
Patio and Porch features: Porch
Exterior features: Hard Surface Drive, Paved Street
Standard status: Active
APN: 54395

Taxes and HOA fees

Tax Description: multiple units. See Associated docs

Utilities

Heating system: Natural Gas, Electric (Heating)
Cooling system: Electric
Water source: Public

Building Details

Roof type: Shingle

We can help!

Contact an agent

Julie Hansen

Listing agent Julie Hansen License #0000073507

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

Listing date Mar 10, 2025

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.

HighLights

5 properties with 7 rental units (income‑producing and fully occupied)
Total monthly income reported as $3,450
Public water supply and shingle roof
Heating includes electric and natural gas; cooling is electric
Exterior includes hard surface drive and paved street access
Each unit offers a porch

Overview

This for-sale multifamily portfolio consists of five properties totaling seven rental units. The units are currently fully occupied, and the listing provides a stated monthly income of $3,450. The properties are being sold as-is/where-is, so buyers should plan for their own due diligence regarding condition and any required updates.

The portfolio includes addresses listed as 2408 S Grand, 2203 S Grand (A and B), 2703 Lee and 2709 Lee (A and B), and 3413 Halsell. For showings, contact Julie Hansen, and please do not disturb the tenants.

For investors seeking a small, income-producing multifamily package, the existing occupancy and collected monthly income may be a practical fit. Prospective buyers should review lease and tenant information as part of their process, and factor in the as-is nature of the sale when evaluating overall budget and timeline for any future improvements.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City: Monroe
County: Ouachita
State: Louisiana
Longitude: -92.113196
Latitude: 32.47931

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For sale
Apartment buildings
LA
Monroe
71202
2408 S GRAND STREET

What type of property is this?

Apartment building - Fully occupied multifamily portfolio with 7 rental units across five properties, offered as-is for investment buyers.

Where is this apartment building located?

The property is located at 2408 S 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: 5 properties with 7 rental units (income‑producing and fully occupied); Total monthly income reported as $3,450; Public water supply and shingle roof

2408 S GRAND STREET, Monroe, LA 71202

MULTI_FAMILY - Monroe, LA

Property Features for 2408 S GRAND STREET

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Map

Nearby Similar for Sale

Single-Tenant Office Building

Renovated Office-Warehouse Building

Freestanding Professional Office Building

Climate-Controlled Storage Facility

Multi-Tenant Office Building

Medical Office with Private Offices

Industrial Warehouse with Fenced Yard

Multi-Suite Office Building

Professional Office Building

Industrial Tract with Two Warehouses

Retail Pharmacy with Drive-Thru

Commercial Office Building

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