Seven-Home Tenant-Occupied
For Sale
$475,000
607 BENJAMIN STREET, Monroe, LA 71202
MULTI_FAMILY - Monroe, LA
Property SizeContact for details
Days on Market57
Property Features for 607 BENJAMIN STREET
General Information
Property type
Residential Multi Family
Property subtype
Other
Directions
Start in Monroe, LA. Head on N 5th St (US-165 BR S), continue onto Lea Joyner Memorial Expwy and Ouachita Ave, then follow Jackson St (US-165 BR) for 1.5 mi. Turn right onto Benjamin St and continue 187 ft to reach 607 Benjamin St.
Subdivision
121 South Monroe/I-20 To Buckhorn Bend
Standard status
Active
APN
23833
Taxes and HOA fees
Tax Description
LOT 7 & W 34.13 FT OF LOTS 5 & 6 SQ5PRICHARDS ADDN -LESS N 50.13FTLOT 7 BK 1307-944
Legal Description
LOT 7 & W 34.13 FT OF LOTS 5 & 6 SQ5PRICHARDS ADDN -LESS N 50.13FTLOT 7 BK 1307-944
Utilities
Cooling system
Multi Units
Water source
Public
Building Details
Year built
1982
Roof type
Shingle
Listing Agency:
Harrison Lilly
(318) 667-8458
Listed By:
Harrison Lilly · License #0995692997
(318) 732-6030
Added: Jul 3
Changed: Jul 22
Last Checked: Aug 28 at 9:06PM
MLS# 219974
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 for-sale residential income portfolio includes seven tenant-occupied homes, each with established monthly rental income. The package features a mix of 2- and 3-bedroom, 1- and 2-bath layouts across the following addresses: 607 Benjamin St. (Unit A and Unit B), 1605 S. 4th St., 1618 S. 4th St., 1208 S. 10th St., 2800 S. Grand St., 704 Girod St., and 301 Dixie St. and 1104 S. 8th St.
All homes are currently occupied by tenants. The listing provides current rents by unit, ranging from $450/month for a 2-bedroom home to $950/month for a 3-bedroom, 2-bath home, with additional units listed at $500/month, $550/month, $594/month, $600/month, and $750/month.
The property is presented as an all-at-once rental portfolio offering immediate income from day one based on the current tenancies.
All homes are currently occupied by tenants. The listing provides current rents by unit, ranging from $450/month for a 2-bedroom home to $950/month for a 3-bedroom, 2-bath home, with additional units listed at $500/month, $550/month, $594/month, $600/month, and $750/month.
The property is presented as an all-at-once rental portfolio offering immediate income from day one based on the current tenancies.
Key Highlights
- Income‑producing package with 7 tenant‑occupied homes
- Current monthly rents range from $450 to $950 across the 7 units
- 7 tenant‑occupied homes: 3BR/1BA units at 607 Benjamin St. (A: $550, B: $500)
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
79
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - For sale package of seven tenant-occupied homes generating monthly rental income, including multiple 2- and 3-bedroom units.
Where is this single family property located?
The property is located at 607 BENJAMIN STREET Monroe, LA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Income‑producing package with 7 tenant‑occupied homes; Current monthly rents range from $450 to $950 across the 7 units; 7 tenant‑occupied homes: 3BR/1BA units at 607 Benjamin St. (A: $550, B: $500)
