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Three-Bedroom Renovated Residential Income Property
For Sale
$62,500

405 AUSTIN AVENUE, West Monroe, LA 71292

MULTI_FAMILY - West Monroe, LA

Days on Market111

Property Features for 405 AUSTIN AVENUE

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Patio
Exterior features Paved Street
Appliances Refrigerator
Subdivision RIVERBEND ADDN
Standard status Active
APN 32886

Taxes and HOA fees

Tax Description LOT IN WILLIAMS ADDN BEG 100 FTWOF 4TH ST & FRTG 50 FT ON SOLINEAUSTIN AVE, DEPTH 150 FT
Legal Description LOT IN WILLIAMS ADDN BEG 100 FTWOF 4TH ST & FRTG 50 FT ON SOLINEAUSTIN AVE, DEPTH 150 FT

Utilities

Heating system Central
Cooling system Central Air
Water source Public
Listing Agency: Cypress State Realty
Listed By: Scott Leo · License #995694263
Added: Apr 11 Changed: Jul 8 Last Checked: Jul 30 at 3:06PM
MLS# 218924

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 residential income property is a 3-bedroom, 1-bath home that was completely renovated in 2021. The interior features a refreshed, updated layout consistent with a full renovation, and the exterior has been fully repainted. The home has a prior rental history, including a reported rent of $725 per month, and it is currently vacant.

The property is located at 405 Austin Avenue in West Monroe, Louisiana, in a convenient area described as south of I-20. With the home vacant, it is positioned for prompt use—either as a move-in-ready residence or as the next unit in an investor’s rental portfolio.

For investors, the combination of a recently completed renovation and an established rental track record can reduce uncertainty when placing a new tenant. For first-time homebuyers, the property offers a renovated, repainted exterior and an interior that has already been updated as of 2021. Since the home is currently vacant, it may be suitable for buyers or operators seeking a straightforward path to occupancy without the need to wait for tenant turnover.

Key Highlights

  • 3‑bedroom, 1‑bath home at 405 Austin Avenue in West Monroe
  • Completely renovated in 2021 with refreshed interior
  • Exterior fully repainted

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store Tanning Salon Tattoo & Piercing Shop

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

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby

Demographics for 71292, LA

22,774
Population
10,257
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
153.7 sq mi
ZIP Area
148
Density / Sq Mi
$51,317
Median Household Income
$40,879
Median Earnings
$885
Median Rent
$119,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Completely renovated 3-bedroom, 1-bath home previously rented at $725/month and ready for immediate occupancy.
Where is this single family property located?
The property is located at 405 AUSTIN AVENUE West Monroe, LA.
What is the asking price?
The asking price for this property is $62,500.
What are key features of this property?
This property features: 3‑bedroom, 1‑bath home at 405 Austin Avenue in West Monroe; Completely renovated in 2021 with refreshed interior; Exterior fully repainted
More about this property
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