503 PLUM STREET, Monroe, LA 71202

Building Details

Year built

1929

Number of units

1

Building materials

Frame, Vinyl Siding

Roof type

Asphalt, Shingle

Architectural style

Other

Listing agent Shelly Witherington Show Phone

Listing office Vanguard Realty 125 Commerce Street, West Monroe, LA Show Phone

Listing date Jun 23, 2026

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MLS# 219840 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.

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Overview

This single-family bungalow offers 3 bedrooms and 1 bathroom with central heat and air. The home is frame construction with a crawl space foundation and includes a welcoming covered front porch. The property is described as having just under 1,200 heated square feet, providing a straightforward layout for a tenant-ready residence.

Located at 503 Plum Street in Monroe, LA 71202, the home is positioned in Downtown Monroe and is described as convenient to shopping, dining, schools, and major roadways. The seller’s remarks also note that an existing long-term tenant is in place.

For buyers seeking an income-producing property, the current tenant is reported to want to remain and is currently paying $600 per month. The tenant-in-place setup can help support continuity of occupancy while the buyer evaluates long-term ownership plans. The seller also indicates two additional investment properties are available for purchase as a package, which may appeal to investors looking to assemble a larger portfolio.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Monroe

County

Ouachita

State

Louisiana

Longitude

-92.105427

Latitude

32.486819

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FAQs

What type of property is this?

Single family property - Leased 3-bedroom, 1-bath bungalow in Monroe with central heat and air and a covered front porch.

Where is this single family property located?

The property is located at 503 PLUM STREET Monroe, LA.

What is the asking price?

The asking price for this property is $47,000.

What are key features of this property?

This property features: 3‑bedroom, 1‑bath bungalow in Downtown Monroe; Just under 1,200 heated SF with central heat and central air; Long‑term tenant in place with current rent of $600 per month