Single-Family Rental
For Sale
$490,000
420 PARGOUD DRIVE, Monroe, LA 71202
RESIDENTIAL INCOME, Monroe, LA
Property SizeContact for details
Days on Market478
Property Features for 420 PARGOUD DRIVE
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
MULTI-AREAS - SEE REMARKS
Standard status
Active
APN
Multiple
Taxes and HOA fees
Tax Description
See Associated Docs.
Legal Description
See Associated Docs.
Utilities
Cooling system
Gas (Cooling), Electric, Central Air
Water source
Public
Listing Agency:
Keller Williams Parishwide Partners · Keller Williams Realty
(318) 812-7653
Listed By:
Dustin James
(318) 282-6000
Added: Jul 9, 2025
Changed: Oct 27
Last Checked: Oct 29 at 5:06AM
MLS# 215446
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering is a package of seven single-family homes positioned as a residential income portfolio. According to the seller’s remarks, most of the homes are currently rented to long-term tenants, creating a built-in mix of income-producing units within the overall group. The homes also vary in layout, which can appeal to a range of household types.
The portfolio is located in Monroe and West Monroe, Louisiana. While the specific property addresses are part of the package, the listing’s provided location is 420 PARGOUD DRIVE, Monroe, LA 71202.
For buyers seeking a straightforward way to acquire multiple rental homes at once, this configuration can support an investor’s rental business operations and ongoing property management needs. It may also suit buyers looking for a residential portfolio where some units are already in place with long-term tenancy, while the overall set provides additional flexibility for portfolio management decisions. Please reach out for the financial details and to schedule a private consultation.
The portfolio is located in Monroe and West Monroe, Louisiana. While the specific property addresses are part of the package, the listing’s provided location is 420 PARGOUD DRIVE, Monroe, LA 71202.
For buyers seeking a straightforward way to acquire multiple rental homes at once, this configuration can support an investor’s rental business operations and ongoing property management needs. It may also suit buyers looking for a residential portfolio where some units are already in place with long-term tenancy, while the overall set provides additional flexibility for portfolio management decisions. Please reach out for the financial details and to schedule a private consultation.
Key Highlights
- 8‑home rental portfolio made up of 7 single‑family homes in Monroe and West Monroe, Louisiana
- Most homes are rented to long‑term tenants, supporting a consistent rental income stream
- Each property has a unique layout to fit a variety of tenant needs
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Explore this area
Business Placement
Demographics for 71202, LA
27,535
Population
11,119
Households
2.5
Avg Household Size
34
Median Age
11%
College-Educated
77%
High-School Grad
115.4 sq mi
ZIP Area
239
Density / Sq Mi
$26,883
Median Household Income
$21,895
Median Earnings
$827
Median Rent
$77,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Single family property - Seven single-family rental homes in Monroe and West Monroe, offering an investor-ready residential portfolio with existing tenant occupancy on most units.
Where is this single family property located?
The property is located at 420 PARGOUD DRIVE Monroe, LA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 8‑home rental portfolio made up of 7 single‑family homes in Monroe and West Monroe, Louisiana; Most homes are rented to long‑term tenants, supporting a consistent rental income stream; Each property has a unique layout to fit a variety of tenant needs
