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Fourplex with Two-Bedroom Units
For Sale
$235,000
Pending

303 Woodale Dr, Monroe, LA 71203

Professionally managed multifamily property with four residential units, on-site parking, and consistent layouts suited to rental occupancy.

Property Size10,454 SF
Lot Size0.24 Acres
Days on Market207

Property Features for 303 Woodale Dr

General Information

Standard status Pending
Size 10,454 SF
Lot size 0.24 Acres
Property subtype Investment
Net Operating Income $22,032

Units

Unit Mix 4 x 2BR/2BA
Multifamily Units 4

Additional Details

Gross Income $38,412

Amenities

on-site parking

Building Details

Buildings 1
Listing Agency: Coldwell Banker Group One Real
Listed By: Chelsea Ross
Source: Lacdb.resimplifi
Added: Feb 5 Changed: Aug 30 Last Checked: Aug 30 at 2:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Group One Real

Investment Insights

Based on property information with market context.

This professionally managed fourplex contains four residential units, each arranged with approximately 1,035 heated square feet, two bedrooms, and two full bathrooms. Individual floor plans include a living area, kitchen, bedrooms, and full baths, creating a consistent configuration across the property. On-site parking and manageable grounds support straightforward day-to-day ownership.

The property occupies approximately 0.24 acres at 303 Woodale Dr in Monroe, Louisiana. All four units are currently rented, with monthly rents ranging from $805 to $850. Showings are available after an accepted offer.

Key Highlights

  • Four units, each with 2 bedrooms and 2 full bathrooms
  • Approximately 1,035 heated SF per unit
  • Property occupies approximately 0.24 acres

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Electrical Service Auto Parts Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby

Demographics for 71203, LA

37,438
Population
17,178
Households
2.2
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
118.5 sq mi
ZIP Area
316
Density / Sq Mi
$46,822
Median Household Income
$35,630
Median Earnings
$987
Median Rent
$181,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Professionally managed multifamily property with four residential units, on-site parking, and consistent layouts suited to rental occupancy.
Where is this quadplex located?
The property is located at 303 Woodale Dr Monroe, LA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 2 full bathrooms; Approximately 1,035 heated SF per unit; Property occupies approximately 0.24 acres
More about this property
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