Fourplex with Mobile Home
314 TENNESSEE STREET Monroe, LA 71203
For Sale
$249,000
MULTI_FAMILY - Monroe, LA
Days on Market142
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
- Standard status
- Active
- APN
- 74538
Taxes and HOA fees
- Tax 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: Jul 12
Last Checked: Jul 26 at 1:06PM
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 for-sale income property includes a fourplex plus an additional mobile home located on a separate lot, for a total of five rental units. Each unit has its own separate electric meter, and the landlord pays the water bill. The property is managed using a master key lock system for easier access and oversight.
Two of the units are currently furnished and rented to Meta employees; furniture is not included in the sale. The fourplex rents for $600 per unit, and the mobile home rents for $675 per month, for approximately $3,075 in total monthly income.
Situated just minutes from ULM and near the Monroe city limits, the property is presented as historically maintaining strong occupancy. The owner/agent notes potential for additional returns through cosmetic improvements.
Two of the units are currently furnished and rented to Meta employees; furniture is not included in the sale. The fourplex rents for $600 per unit, and the mobile home rents for $675 per month, for approximately $3,075 in total monthly income.
Situated just minutes from ULM and near the Monroe city limits, the property is presented as historically maintaining strong occupancy. The owner/agent notes potential for additional returns through cosmetic improvements.
Key Highlights
- Income property with a fourplex plus an additional mobile home on a separate lot—5 total rental units
- Current rents: fourplex at $600 per unit and mobile home at $675/month for about $3,075/month ($36,900/year)
- Separate electric meters for each unit; landlord pays water, which has remained minimal
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Income property with a fourplex plus a mobile home on a separate lot, totaling five rental units.
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 $249,000.
What are key features of this property?
This property features: Income property with a fourplex plus an additional mobile home on a separate lot—5 total rental units; Current rents: fourplex at $600 per unit and mobile home at $675/month for about $3,075/month ($36,900/year); Separate electric meters for each unit; landlord pays water, which has remained minimal
