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Multifamily Income Property

706 S 7TH STREET, Monroe, LA 71202

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For Sale

$373,900

MULTI_FAMILY - Monroe, LA

HighLights

8 properties with 9 rental units, fully occupied monthly income of $6,000
As‑is/where‑is sale—properties to be sold as‑is/where‑is with tenants in place
Heating options include electric heating and natural gas
Cooling provided via electric system
Shingle roof and porch included
Hard surface drive on paved street (exterior features)

We can help!

Contact an agent

Julie Hansen

For Sale

$373,900

MULTI_FAMILY - Monroe, LA

Added:: Mar 10, 2025
Days on Market:: 485
Last Refresh:: Jul 7 at 10:06 am

Property Features for 706 S 7TH STREET

General Information

Property type: Residential Multi Family
Property subtype: Other
Patio and Porch features: Porch
Exterior features: Hard Surface Drive, Paved Street
Standard status: Active
APN: 56493

Taxes and HOA fees

Tax Description: multiple Properties. See associated docs

Utilities

Heating system: Natural Gas, Electric (Heating)
Cooling system: Electric

Building Details

Roof type: Shingle

We can help!

Contact an agent

Julie Hansen

Listing agent Julie Hansen License #0000073507

Listing office DB Real Estate 2400 Newcombe Street Suite A, Monroe, LA

Listing date Mar 10, 2025

MLS# 213740 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

8 properties with 9 rental units, fully occupied monthly income of $6,000
As‑is/where‑is sale—properties to be sold as‑is/where‑is with tenants in place
Heating options include electric heating and natural gas
Cooling provided via electric system
Shingle roof and porch included
Hard surface drive on paved street (exterior features)

Overview

This multifamily offering consists of eight properties totaling nine rental units, currently fully occupied. The portfolio is being sold as-is/where-is, and buyers should plan accordingly for any repairs or improvements. Current reported monthly income for the fully occupied units is $6,000.

The properties are located at 706 S 7th Street and within a set of adjacent addresses listed in the offering: 706 S 7th through 715 Bryant, 911 S 3rd, 1101 S 2nd (including both 1 and 1/2 units), and 1608 S 6th through 1709 S 6th and 1625 S 6th. Showings require coordination, and tenants should not be disturbed.

For investors and operators looking for an occupied income-producing portfolio, this structure offers multiple units under one purchase, with existing in-place tenancy. Because the sale is as-is/where-is, it is best suited for buyers comfortable underwriting and managing condition-related items while maintaining tenant operations during transition.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City: Monroe
County: Ouachita
State: Louisiana
Longitude: -92.102574
Latitude: 32.494627

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For sale
Apartment buildings
LA
Monroe
71202
706 S 7TH STREET

What type of property is this?

Apartment building - Fully occupied multifamily portfolio with 9 rental units across eight properties, sold as-is/where-is.

Where is this apartment building located?

The property is located at 706 S 7TH STREET Monroe, LA.

What is the asking price?

The asking price for this property is $373,900.

What are key features of this property?

This property features: 8 properties with 9 rental units, fully occupied monthly income of $6,000; As‑is/where‑is sale—properties to be sold as‑is/where‑is with tenants in place; Heating options include electric heating and natural gas

706 S 7TH STREET, Monroe, LA 71202

MULTI_FAMILY - Monroe, LA

Property Features for 706 S 7TH STREET

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Map

Nearby Similar for Sale

Single-Tenant Office Building

Renovated Office-Warehouse Building

Freestanding Professional Office Building

Climate-Controlled Storage Facility

Multi-Tenant Office Building

Medical Office with Private Offices

Industrial Warehouse with Fenced Yard

Multi-Suite Office Building

Professional Office Building

Industrial Tract with Two Warehouses

Retail Pharmacy with Drive-Thru

Commercial Office Building

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