Duplex with Two Rental
For Sale
$154,000
Pending
407 SHERIDAN AVENUE, Monroe, LA 71201
MULTI_FAMILY - Monroe, LA
Lot Size0.22 Acres
Days on Market99
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
Pending
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: Jul 24
Last Checked: Jul 30 at 11:06AM
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.
This duplex features two rental units, including a 1-bedroom, 1-bath layout and a 2-bedroom, 1-bath layout. Unit A has been freshly painted in cool neutral tones. Both units offer spacious bedrooms and comfortable living areas, along with kitchen spaces.
The property is located in Monroe, Louisiana, at 407 Sheridan Avenue. Public remarks note it is about 3 minutes from ULM and about 12 minutes from I-20, with approximately 35 minutes to META.
Outside, the duplex is described as well-kept, with a clean front yard and a spacious backyard.
The property is located in Monroe, Louisiana, at 407 Sheridan Avenue. Public remarks note it is about 3 minutes from ULM and about 12 minutes from I-20, with approximately 35 minutes to META.
Outside, the duplex is described as well-kept, with a clean front yard and a spacious backyard.
Key Highlights
- Duplex built in 1959 with central heating and central air conditioning
- Unit mix: one 1‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit
- Appliances include an electric range/oven
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex includes a 1-bedroom/1-bath and a 2-bedroom/1-bath unit with a clean yard and spacious backyard.
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 central heating and central air conditioning; Unit mix: one 1‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit; Appliances include an electric range/oven
