$180,000

61 W ELMWOOD DRIVE, Monroe, LA 71203

  • 6 beds
  • Property Icon Triplex
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

Income-producing triplex located at 61 W Elmwood Dr in Monroe! This property features three rental units with a strong rental history and approximately $2,000 in monthly gross income. Unit A offers 2 bedrooms and 1 bath currently rented for $650/month with lease in place through 4/30/2026 . Unit B includes 2 bedrooms and 1.5 baths rented for $650/month (month-to-month). Unit C offers 2 bedrooms and 2 baths, has been recently updated and rented for $700/month (month-to-month). Property is serviced by public utilities and offers a great opportunity for investors looking to expand their rental portfolio or add steady cash flow. All information deemed reliable but not guaranteed. Buyer’s agent to verify.

Listing Status:
Active
Date Added:
March 13, 2026
Data Last Updated:
April 4, 2026 at 10:09PM
Listing Office:
Coldwell Banker Group One Realty :
Listing Agent:
Dawn Bailey : 318-372-6550
MLS ID:
218492
  • General: Ceiling Fan(s)
  • Appliances: DishwasherRefrigeratorElectric RangeElectric Water Heater
  • Laundry: In UnitWasher/Dryer Connect
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Living RoomFireplace
  • Other Structures: Porch Covered
  • Parking: Hard Surface Drive
  • Roofing: Asphalt Shingle
  • General: Brick VeneerVinyl SidingSlab
  • Road/Access: Paved
  • Originating MLS: NELAR API
  • County: OUACHITA
  • Zoning: Lot 4 UNIT 23 TOWN AND COUNTRY SUB7296
  • Utilities: Separate MetersElectric Company: Entergy
  • Water: PublicElectric Company: Town & Country
  • Sewer: Public Sewer
  • Source: NELAR API

This listing courtesy of Dawn Bailey , 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

Jack Hayes Elementary School

3631 Old Sterlington Rd, Monroe, LA, 71203

Grades KG-5

0.43 miles away

O

Ouachita Junior High School

5500 Blanks St, Monroe, LA, 71203

Grades 6-8

2.84 miles away

W

West Monroe High School

201 Riggs St, West Monroe, LA, 71291

Grades 9-12

5.06 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.