Five-Unit Quadplex
For Sale
$245,000
314 TENNESSEE STREET, Monroe, LA 71203
RESIDENTIAL INCOME, Monroe, LA
Property SizeContact for details
Days on Market187
Property Features for 314 TENNESSEE STREET
General Information
Property type
Residential Multi Family
Property subtype
Other
Patio and Porch features
Porch
Interior features
Ceiling Fan(s)
Exterior features
Gravel Drive, Paved Street, Apartment
Appliances
Refrigerator, Electric Range/Oven
Subdivision
LAKESHORE
Elementary school
LAKESHORE O
High school
OUACHITA O
Directions
Desiard Street past ULM, left onto Tennessee and the property is on the right
Standard status
Active
APN
74538
Taxes and HOA fees
Tax Description
Sq. 30 ft, Lot 12 & Lot 13 & N 20 Ft, Lot 14Sq. 10
Legal Description
Sq. 30 ft, Lot 12 & Lot 13 & N 20 Ft, Lot 14Sq. 10
Utilities
Heating system
Wall Furnace
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Roof type
Shingle
Listing Agency:
Cypress State Realty
(318) 728-4043
Listed By:
Scott Leo · License #995694263
(318) 535-3967
Added: Mar 6
Changed: Sep 9
Last Checked: Sep 9 at 3:06PM
MLS# 218353
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 property combines a fourplex with a mobile home on a separate lot, providing five rental units in total. The fourplex includes four individually metered units, while the additional home expands the property’s rental configuration. A master key system supports centralized access, and the property includes refrigerators, electric range/ovens, ceiling fans, wall furnaces, and wall or window cooling units. Two units are furnished and occupied by Meta employees; furniture is excluded from the sale.
The property is located at 314 Tennessee Street in Monroe, Louisiana, near the Monroe city limits and minutes from ULM. Additional site features include a gravel drive, paved street access, a porch, public water service, and shingle roofing. The landlord pays the water bill, while each unit has separate electric meters.
The property is located at 314 Tennessee Street in Monroe, Louisiana, near the Monroe city limits and minutes from ULM. Additional site features include a gravel drive, paved street access, a porch, public water service, and shingle roofing. The landlord pays the water bill, while each unit has separate electric meters.
Key Highlights
- Five rental units across a fourplex and separate mobile home
- Fourplex units have separate electric meters
- Two furnished units are rented to Meta employees; furniture excluded from sale
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
179
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex with a separate mobile home, individual electric metering, and proximity to ULM.
Where is this quadplex located?
The property is located at 314 TENNESSEE STREET Monroe, LA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Five rental units across a fourplex and separate mobile home; Fourplex units have separate electric meters; Two furnished units are rented to Meta employees; furniture excluded from sale
