Investment Opportunity: 9-Home Rental Portfolio in Monroe & West Monroe, Louisiana Discover an exceptional opportunity to acquire a package of 9 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.
For sale
$399,000
204 Heard St, West Monroe, LA 71292
--beds
--baths
--sqft
Est.:
Single Family Residence, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 246 days |
- 28 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: November 13, 2025 at 10:38pm
Listed by:
Dustin James,
Keller Williams Parishwide Partners
Source: NELAR,MLS#: 215448
Tour with a local agent
Facts & features
Interior
Heating
- Other
Cooling
- Central Air, Electric
Appliances
- Included: Other, Electric Water Heater
- Laundry: In Unit
Features
- Other
- Has fireplace: No
- Fireplace features: None
Property
Features
- Patio & porch: None
Details
- Parcel number: Multiple
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Single Family Residence, Multi Family
Materials
- Other
- Foundation: Other
- Roof: Other
Utilities & green energy
- Electric: Separate Meters, Electric Company: Other
- Gas: Other, Gas Company: Other
- Sewer: Public Sewer
- Water: Public, Electric Company: Other
Community & HOA
Community
- Subdivision: Other
Location
- Region: West Monroe
Financial & listing details
- Tax assessed value: $35,000
- Annual tax amount: $286
- Date on market: 7/9/2025
Estimated market value
Not available
Estimated sales range
Not available
$806/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Listed for sale | $399,000 |
Source: | ||
| 10/31/2025 | Listing removed | $399,000 |
Source: | ||
| 7/9/2025 | Listed for sale | $399,000 |
Source: | ||
| 5/28/2014 | Sold | -- |
Source: Public Record Report a problem | ||
| 5/2/2005 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $286 +0.5% | $3,500 |
| 2023 | $284 -0.8% | $3,500 |
| 2022 | $287 | $3,500 |
| 2021 | $287 +0% | $3,500 |
| 2020 | $287 +2.1% | $3,500 |
| 2019 | $281 +0% | $3,500 |
| 2018 | $281 | $3,500 |
| 2017 | $281 +0% | $3,500 |
| 2016 | $280 +0.4% | $3,500 |
| 2015 | $279 | $3,500 |
| 2014 | $279 +0.4% | $3,500 |
| 2013 | $278 -0.6% | $3,500 |
| 2012 | $280 -0.1% | $3,500 |
| 2011 | $280 +11.1% | $3,500 |
| 2010 | $252 | $3,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,108/mo
Principal & interest
$1922
Property taxes
$186
More affordability tools
Climate risks
Neighborhood: 71292
Nearby schools
GreatSchools rating
- 4/10Riverbend Elementary SchoolGrades: 1-5Distance: 0.6 mi
- 7/10West Monroe High SchoolGrades: 8-12Distance: 1.5 mi
- NACrosley Elementary SchoolGrades: PK-KDistance: 0.7 mi






