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Fourplex Investment Property with Parking

303 WOODALE DRIVE Monroe, LA 71203

Claim this Listing
For Sale
$235,000

MULTI_FAMILY - Monroe, LA

Property size:
4,140 SF
Lot size:
0.24 Acres
Price / SF:
$56/SF
Added:
Feb 5, 2026
Days on Market:
158
Last Refresh:
Jul 13 at 1:06 am

Property Features for 303 WOODALE DRIVE

General Information

Property type
Residential Multi Family
Property subtype
Other
Interior features
Smoke Detector
Exterior features
Paved Street
Appliances
Dishwasher, Refrigerator, Electric Range/Oven, Washer/Dryer Connect
Standard status
Active
APN
65899
Lot size
0.24 Acres

Taxes and HOA fees

Tax Description
WEST 90 FT LOT 8 TOWN & COUNTRYADDN UNIT 29

Utilities

Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public

Building Details

Number of units
4
Roof type
Shingle

Listing agent Chelsea Ross

Listing office Coldwell Banker Group One Realty 2120 Cypress Street, West Monroe, LA

Listing date Feb 5, 2026

MLS# 217944 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 fourplex investment property at 303 Woodale Dr features four separate units, each with a functional layout including a living area, kitchen, two bedrooms, and two full bathrooms. The property is professionally managed and is offered with reported consistent rental performance across all units. A new roof was installed in 2024, and the exterior includes on-site parking and manageable grounds for ease of ownership.

The property sits on approximately 0.24 acres in Monroe, Louisiana. Showings are available after an accepted offer, and a video walkthrough is available for review.

Each unit is described as approximately 1,035 heated square feet, supporting a straightforward four-unit configuration for investors seeking a multi-residential rental asset.

Key Highlights

  • Fourplex with four 2‑bedroom, 2‑bath units, each with ~1,035 heated SF
  • Current monthly rents range from $805 to $850 across all units; reported gross income $38,412 and net income $22,032
  • New roof installed in 2024

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Hair Salon Electrical Service Auto Parts Store Nail Salon Kitchen & Bath Showroom Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four 2-bedroom, 2-bath units with on-site parking on approximately 0.24 acres, with a roof installed in 2024.
Where is this quadplex located?
The property is located at 303 WOODALE DRIVE 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: Fourplex with four 2‑bedroom, 2‑bath units, each with ~1,035 heated SF; Current monthly rents range from $805 to $850 across all units; reported gross income $38,412 and net income $22,032; New roof installed in 2024
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