505 Stubbs Ave, Monroe, LA 71201

Great investment opportunity in the heart of Monroe! Recently rented as a duplex generating $1,500 per month in rental income ($600 for Unit A and $900 for Unit B), this versatile property offers two separate living spaces—ideal for owner-occupancy, rental income, or multi-generational living. One side features a cozy studio-style layout with a charming brick fireplace, built-ins, a full kitchen with laundry hookups, and a bathroom with a walk-in shower. The other side offers two bedrooms, a spacious living area, kitchen with butcher block countertops, and a full bathroom—plus direct access to the backyard. Additional features include a covered front porch, windows with classic awnings, and a convenient location just minutes from shopping, dining, and downtown Monroe. Don’t miss this income-producing gem with flexible living options and solid rental potential!