5-Unit Multifamily
For Sale
$245,000
314 TENNESSEE STREET, Monroe, LA 71203
RESIDENTIAL INCOME, Monroe, LA
Property SizeContact for details
Days on Market234
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
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Roof type
Shingle
Listing Agency:
Cypress State Realty
(318) 728-4043
Listed By:
Scott Leo
(318) 535-3967
Added: Mar 6
Changed: Oct 23
Last Checked: Oct 26 at 2:06AM
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.
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Investment Insights
Based on property information with market context.
This multifamily property combines a fourplex with a mobile home on a separate lot, for a total of five rental units. Two units are furnished; the furniture is excluded from the sale. Each unit has its own electric meter, and the landlord pays the water bill. A master-key lock system serves the building. The property also has a gravel drive, porch, shingle roof, ceiling fans, wall furnaces, and window or wall-window air conditioning.
The property is in Monroe, near ULM and the Monroe city limits. Public water serves the property, and the street is paved.
The property is in Monroe, near ULM and the Monroe city limits. Public water serves the property, and the street is paved.
Key Highlights
- Five rental units across a fourplex and a mobile home on a separate lot
- Separate electric meters for each unit; landlord pays the water bill
- Master‑key lock system in the building
Property Analytics
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Lease Details
5
Residential units
Yes
Utilities to site
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - A fourplex and a separate-lot mobile home provide a mix of rental accommodations near 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 a mobile home on a separate lot; Separate electric meters for each unit; landlord pays the water bill; Master‑key lock system in the building
