Investment Opportunity: Two Duplex Properties This listing includes two well-maintained duplex properties offering strong rental income and upside potential. 48 Prospect Street features two 1-bedroom, 1-bathroom units, each rent at $550/month. 2816 Monroe Avenue (Units A & B) includes one 2-bedroom, 2-bathroom unit (Unit A) renting for $650/month, and one 1-bedroom, 1-bathroom unit (Unit B) renting for $550/month. All four units have received updates, enhancing appeal for tenants and investors alike. These properties offer a balanced unit mix and are ideal for those seeking steady cash flow with room for value-add improvements.
Active
$60,000
48 Prospect St, Alexandria, LA 71301
1beds
--baths
1,278sqft
Est.:
Quadruplex
Built in 1950
-- sqft lot
$-- Zestimate®
$47/sqft
$-- HOA
What's special
- 15 days
- on Zillow |
- 95 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 12:10pm
Listed by:
Genny Broussard,
Broussard & Associates 318-305-4951
Source: GCLRA,MLS#: 2496291
Originating MLS: Greater Central Louisiana REALTORS Association

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Window Unit(s)
Interior area
- Total interior livable area: 1,278 sqft
Property
Parking
- Parking features: Driveway, Off Street
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,952.18 Square Feet
- Dimensions: 116 X 50
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 1010759800
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modular/Prefab
- Property subtype: Quadruplex
Materials
- Metal Siding
- Foundation: Raised
- Roof: Other
Condition
- Average Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Alexandria
Financial & listing details
- Price per square foot: $47/sqft
- Tax assessed value: $15,000
- Annual tax amount: $139
- Date on market: 4/11/2025
- Listing agreement: Exclusive Right To Sell
- Tenant pays: Electricity, Water
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