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Multifamily Portfolio with 7 Units

2408 S GRAND STREET Monroe, LA 71202

Claim this Listing
For Sale
$229,000

MULTI_FAMILY - Monroe, LA

Added:
Mar 10, 2025
Days on Market:
492
Last Refresh:
Jul 14 at 11:06 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
Electric (Heating), Natural Gas
Cooling system
Electric
Water source
Public

Building Details

Roof type
Shingle

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.


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Investor portfolio of 5 properties with 7 rental units
  • Fully occupied with monthly income reported as $3,450 (tenants on‑site; do not disturb)
  • As‑is/where‑is sale per provided terms

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

FAQs

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: Investor portfolio of 5 properties with 7 rental units; Fully occupied with monthly income reported as $3,450 (tenants on‑site; do not disturb); As‑is/where‑is sale per provided terms
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