$490,000

420 PARGOUD DRIVE, Monroe, LA 71202

  • Property Icon Single-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

Investment Opportunity: 7-Home Rental Portfolio in Monroe & West Monroe, Louisiana Discover an exceptional opportunity to acquire a package of 7 single-family homes strategically located in Monroe and West Monroe. This portfolio is a rare find, offering a balanced mix of stable, long-term rental income and potential for value appreciation. Highlights: • Turnkey Income Stream: Most properties are rented to long-term tenants, providing consistent cash flow. • Prime Locations: Homes are situated in desirable neighborhoods across Monroe and West Monroe, appealing to tenants seeking convenience and quality of life. • Diverse Property Mix: Each property offers unique layouts, catering to a variety of tenant needs. • Growth Potential: Opportunities to increase rents or renovate for higher returns. • Strong Market: Monroe and West Monroe boast a robust rental market, supported by local industries, universities, and a growing population. This portfolio is ideal for investors seeking a scalable entry into real estate or those looking to expand an existing rental business. Don’t miss this chance to secure a high-performing asset in one of Louisiana’s most stable markets. Call today for financial details and to schedule a private consultation.

Listing Status:
Active
Date Added:
July 9, 2025 at 05:00AM
Listing Office:
Keller Williams Parishwide Partners :
Listing Agent:
Dustin James : 318-282-6000
MLS ID:
215446
  • General: Other
  • Appliances: OtherElectric Water Heater
  • Laundry: In Unit
  • A/C: Central AirElectricGas
  • Heating: Other
  • Fireplace: Fireplaces: 0

This listing courtesy of Dustin James, Keller Williams Parishwide Partners

Monthly Payment

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

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Location

Schools Nearby

B

Barkdull Faulk Elementary School

2110 Jackson St, Monroe, LA, 71202

Grades PK-6

0.69 miles away

M

Martin Luther King Junior High School

3716 Nutland Rd, Monroe, LA, 71202

Grades 7-8

2.83 miles away

W

Wossman High School

1600 Arizona Ave, Monroe, LA, 71202

Grades 9-12

2.15 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.

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