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For sale
  • $490,000

    420 Pargoud Dr, Monroe, LA 71202

    --beds
    --baths
    --sqft
    : 
    Single Family Residence, Residential Income
    Built in ----
    -- sqft lot
    $82,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime locationsUnique layoutsDesirable neighborhoods
    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.
    4 days
    on Zillow
    |
    34
    |
    2
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    Zillow last checked: 7 hours ago

    Listing updated: July 09, 2025 at 10:47am

    Listed by:

    Dustin James,

    Keller Williams Parishwide Partners

    Source: NELAR,MLS#: 215446MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 420 Pargoud Dr.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Heating
    • Other
    Cooling
    • Central Air, Gas, 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, Residential Income
    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: Monroe

    Financial & listing details

    • Date on market: 7/9/2025
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