Seven-Unit Multifamily
For Sale
$229,000
2408 S GRAND STREET, Monroe, LA 71202
MULTI_FAMILY - Monroe, LA
Property SizeContact for details
Days on Market537
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
Subdivision
121 South Monroe/I-20 To Buckhorn Bend
Standard status
Active
APN
54395
Taxes and HOA fees
Tax Description
multiple units. See Associated docs
Legal Description
multiple units. See Associated docs
Utilities
Heating system
Natural Gas, Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Roof type
Shingle
Listing Agency:
DB Real Estate
(318) 325-8351
Listed By:
Julie Hansen · License #0000073507
(318) 355-7301
Added: Mar 10, 2025
Changed: Aug 5
Last Checked: Aug 28 at 11:06PM
MLS# 213743
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 multifamily portfolio includes five separate properties containing seven rental units. The assets are being offered in their current condition and are fully occupied. Reported locations include 2408 S Grand Street, 2203 S Grand, 2703 Lee, 2709 Lee, and 3413 Halsell in Monroe.
Property features include hard-surface drives, paved streets, porches, shingle roofs, public water, electric cooling, and heating systems using electric and natural gas. The portfolio provides a multi-property residential rental configuration rather than a single-building asset, with each location contributing to the overall offering.
Property features include hard-surface drives, paved streets, porches, shingle roofs, public water, electric cooling, and heating systems using electric and natural gas. The portfolio provides a multi-property residential rental configuration rather than a single-building asset, with each location contributing to the overall offering.
Key Highlights
- Five‑property multifamily portfolio with 7 rental units
- Fully occupied residential rental portfolio
- Properties located at 2408 S Grand, 2203 S Grand, 2703 Lee, 2709 Lee, and 3413 Halsell
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Explore this area
Business Placement
Demographics for 71202, LA
27,535
Population
11,119
Households
2.5
Avg Household Size
34
Median Age
11%
College-Educated
77%
High-School Grad
115.4 sq mi
ZIP Area
239
Density / Sq Mi
$26,883
Median Household Income
$21,895
Median Earnings
$827
Median Rent
$77,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Fully occupied rental assets with paved access and public water service.
Where is this multifamily property 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: Five‑property multifamily portfolio with 7 rental units; Fully occupied residential rental portfolio; Properties located at 2408 S Grand, 2203 S Grand, 2703 Lee, 2709 Lee, and 3413 Halsell
