$745,000

1702 GRAMMONT STREET, Monroe, LA 71201

  • 8 beds
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2021
  • Property Lot Size Icon1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Welcome to 1702 Grammont St in Monroe, a professionally managed, fully occupied duplex portfolio built in 2021 offering 10 total units across five identical 2-bedroom, 1-bath duplexes, each with 720 heated square feet per unit and 1,440 total per structure. This income-producing property features consistent rental performance with a reported gross income of $83,803 and net income of $59,664, supported by a detailed rent roll with current monthly rents ranging from $695 to $755 across all units. Interior layouts include a practical living area leading into an efficient kitchen, two bedrooms, and one full bath per unit. Each duplex provides a uniform floor plan for streamlined management and leasing. Exterior grounds offer straightforward maintenance and on-site parking. Showings are available after an accepted offer. Video Walktrough is available. Priced at $775,000, this Monroe investment opportunity delivers modern construction, full occupancy, and strong income stability-schedule your inquiry today.

Listing Status:
Active
Date Added:
February 5, 2026
Data Last Updated:
April 4, 2026 at 10:09PM
Listing Office:
Coldwell Banker Group One Realty :
Listing Agent:
Chelsea Ross : 318-376-6986
MLS ID:
217939
  • Appliances: RefrigeratorElectric RangeElectric Water Heater
  • Laundry: In UnitWasher/Dryer Connect
  • A/C: Electric
  • Heating: ElectricWall FurnaceSeparate Meters
  • Fireplace: Fireplaces: 0
  • Other Structures: Porch Covered
  • Roofing: Metal
  • General: Metal SidingSlab
  • Road/Access: Paved
  • Originating MLS: NELAR API
  • County: OUACHITA
  • Zoning: (RI) Res.CONSOLIDATION OF LOTS 3 & 4 BEING A PORTION OF BLK AROSS'S ADDN IN SEC 57 18-424412
  • Utilities: Natural Gas Not AvailableSeparate MetersElectric Company: Entergy
  • Water: PublicElectric Company: City
  • Sewer: Public Sewer
  • Source: NELAR API

This listing courtesy of Chelsea Ross , Coldwell Banker Group One Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

J.S. Clark Magnet Elementary School

1207 Washington St, Monroe, LA, 71201

Grades PK-6

0.46 miles away

C

Carroll Junior High School

2945 Renwick St, Monroe, LA, 71201

Grades 7-8

1.06 miles away

C

Carroll High School

2939 Renwick St, Monroe, LA, 71201

Grades 9-12

0.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.