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Duplex Investment Property

407 SHERIDAN AVENUE, Monroe, LA 71201

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For Sale

$154,000

Duplex - Monroe, LA

Type:Duplex

Lot size:

0.22 Acres

HighLights

Duplex built in 1959 with two units: 1 bed / 1 bath and 2 bed / 1 bath
Central heating and central air conditioning
Range included in the kitchen appliances
Vinyl siding exterior with asphalt shingle roof
Exterior features include hard surface drive and paved street access
Interior includes ceiling fan(s) and smoke detectors

We can help!

Listing Contact

Hope Stapleton

For Sale

$154,000

Duplex - Monroe, LA

Type:Duplex

Lot size:

0.22 Acres

Added:: Apr 23, 2026
Days on Market:: 54
Last Refresh:: Jun 15 at 6:06 am

Property Features for 407 SHERIDAN AVENUE

General Information

Property type: Residential Multi Family
Property subtype: Duplex
Interior features: Ceiling Fan(s), Smoke Detector
Exterior features: Hard Surface Drive, Paved Street
Appliances: Range
Standard status: Active
APN: 44533
Lot size: 0.22 Acres

Utilities

Heating system: Central
Cooling system: Central Air

Building Details

Year built: 1959
Number of units: 2
Building materials: Vinyl Siding
Roof type: Asphalt, Shingle
Architectural style: Other

We can help!

Listing Contact

Hope Stapleton

Listing agent Hope Stapleton

Listing office John Rea Realty P O Box 2442, Monroe, LA

Listing date Apr 23, 2026

MLS# 219113 Listing URL

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.

HighLights

Duplex built in 1959 with two units: 1 bed / 1 bath and 2 bed / 1 bath
Central heating and central air conditioning
Range included in the kitchen appliances
Vinyl siding exterior with asphalt shingle roof
Exterior features include hard surface drive and paved street access
Interior includes ceiling fan(s) and smoke detectors

Overview

This duplex provides two rental units under one roof, including a 1-bedroom, 1-bath unit and a 2-bedroom, 1-bath unit. The floorplans include spacious bedrooms and comfortable living areas, with kitchen spaces designed for everyday use. Outside, the property is described as well-kept, featuring a clean front yard and a spacious backyard.

Located in the middle of town in Monroe, Louisiana, the property is positioned near a college, which is noted as a factor for maintaining steady rental demand. The listing is for 407 Sheridan Avenue, within the 71201 area.

For investors or owner-operators seeking a straightforward income-producing setup, this duplex offers two separate units with differing bedroom counts, which can help broaden tenant fit within one property. The combination of in-unit living space and outdoor areas may be attractive to renters who want room for daily routines at home. The current configuration—one smaller unit and one larger unit—supports an uncomplicated, two-tenant model for managing rental operations.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

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Location Insight

Map
Local Demand

City: Monroe
County: Ouachita
State: Louisiana
Longitude: -92.08292
Latitude: 32.52627

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For sale
Duplexes
LA
Monroe
71201
407 SHERIDAN AVENUE

What type of property is this?

Duplex - Two-unit duplex offers a 1-bedroom and a 2-bedroom layout, plus front and backyard space for tenants.

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: Duplex built in 1959 with two units: 1 bed / 1 bath and 2 bed / 1 bath; Central heating and central air conditioning; Range included in the kitchen appliances

407 SHERIDAN AVENUE, Monroe, LA 71201

Duplex - Monroe, LA

Property Features for 407 SHERIDAN AVENUE

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Rail-Served Warehouse and Office

Move-In Ready Office Building

Turnkey Office Suite with Reception

Versatile Showroom and Office Building

Monroe Office and Warehouse Property

Clear-Span Industrial Warehouse with Yard

Institutional Facility for Multiple Uses

Turn-Key Professional Office Building

Five-Suite Office Building in Business Park

Professional Office Suite on Corner

Historic Retail Building in CBD Zone

Freestanding Restaurant Building

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