Two-Unit Duplex with
For Sale
$154,000
407 SHERIDAN AVENUE, Monroe, LA 71201
RESIDENTIAL INCOME, Monroe, LA
Property SizeContact for details
Lot Size0.22 Acres
Days on Market147
Property Features for 407 SHERIDAN AVENUE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
4
Interior features
Ceiling Fan(s), Smoke Detector
Exterior features
Hard Surface Drive, Paved Street
Appliances
Electric Range/Oven
Subdivision
BREARD PLACE
Directions
Head North on Sterlington Rd. turn right onto Armand St. turn left onto Sheridan. Home is on the right side of the road.
Standard status
Active
APN
44533
Lot size
0.22 Acres
Taxes and HOA fees
Tax Description
Lot 2 Unit 5 Greater Monroe Homes Resub Sq 8 Breard Place Addn.
Legal Description
Lot 2 Unit 5 Greater Monroe Homes Resub Sq 8 Breard Place Addn.
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1959
Number of units
2
Roof type
Shingle
Listing Agency:
John Rea Realty
(318) 388-0941
Listed By:
Hope Stapleton
(318) 805-1391
Added: Apr 23
Changed: Aug 26
Last Checked: Sep 16 at 12:06AM
MLS# 219113
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.
Built in 1959, this duplex contains two separate residences: one with 1 bedroom and 1 bathroom, and another with 2 bedrooms and 1 bathroom. Each unit includes a living area and kitchen, while Unit A has updated interior paint in neutral tones. The property also features a spacious backyard, clean front yard, paved street access, and a hard-surface driveway.
The Monroe property is approximately 3 minutes from ULM, 12 minutes from I-20, and 35 minutes from META. Central heating and central air serve the units, with electric range/ovens, ceiling fans, and smoke detectors included. Public water service and a shingle roof complete the core property improvements.
The Monroe property is approximately 3 minutes from ULM, 12 minutes from I-20, and 35 minutes from META. Central heating and central air serve the units, with electric range/ovens, ceiling fans, and smoke detectors included. Public water service and a shingle roof complete the core property improvements.
Key Highlights
- Two‑unit layout with one 1‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit
- 0.22‑acre lot with a spacious backyard and clean front yard
- Approximately 3 minutes from ULM and 12 minutes from I‑20
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
931
Businesses Nearby
Explore this area
Business Placement
Demographics for 71201, LA
21,565
Population
10,352
Households
2.1
Avg Household Size
39
Median Age
43%
College-Educated
92%
High-School Grad
14.9 sq mi
ZIP Area
1,447
Density / Sq Mi
$53,538
Median Household Income
$44,262
Median Earnings
$882
Median Rent
$247,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - The property combines a one-bedroom unit with a two-bedroom unit and spacious outdoor areas.
Where is this duplex located?
The property is located at 407 SHERIDAN AVENUE Monroe, LA.
What is the asking price?
The asking price for this property is $154,000.
What are key features of this property?
This property features: Two‑unit layout with one 1‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit; 0.22‑acre lot with a spacious backyard and clean front yard; Approximately 3 minutes from ULM and 12 minutes from I‑20
