1920 & 1924 MONROE ST, Alexandria, LA 71301
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1920 & 1924 MONROE ST, Alexandria, LA 71301
1920 & 1924 MONROE ST, Alexandria, LA 71301
1920 & 1924 MONROE ST, Alexandria, LA 71301
1920 & 1924 MONROE ST, Alexandria, LA 71301
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$ 275,000
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1920 & 1924 MONROE ST Alexandria, LA 71301

12 Beds

8 Baths

2,061 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,061 sqft

Price per Sqft $133

MLS Listing ID 2564539

Style Other

Bedrooms 12

Full Baths 8

Construction Status Very Good Condition

HOA Y/N No

Year Built 1942

Lot Size 0.292 Acres

Acres 0.2922

Property Sub-Type Other

Property Description

Excellent income-producing opportunity featuring a total of 6 rental units across two adjacent properties.

1920 Monroe Street is a large white duplex consisting of:

Unit A: 2 bedroom, 2 bath – currently rented for $675/month
Unit B: 2 bedroom, 2 bath – currently rented for $875/month
New roof
Unit A features a new central HVAC system

1924 Monroe Street consists of a brick triplex with:

Units A, B, and C: all 2 bedroom, 1 bath units
Long-term residents in place
New roof
HVAC units are relatively new

Also included is 1924 ½ Monroe Street, a separate house located behind the triplex, featuring a newly remodeled interior.

Residents are responsible for all utilities.

This multi-unit package offers a strong mix of established tenancy, recent capital improvements, including new roofs and updated HVAC systems, and additional upside with the remodeled rear house. A solid investment opportunity for investors seeking immediate rental income and long-term stability.

Location

State LA

County Rapides

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Three or more Spaces

Water Access Desc Public

Roof Type Shingle

Building

Lot Description City Lot, Rectangular Lot

Entry Level One

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories One

Construction Status Very Good Condition

Others

Tax ID 1010284100

Special Listing Condition None


Listed by Broussard & Associates
Candice Rachal

Candice Rachal

Agent | License ID: 0995691203

+1(318) 447-8112

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1920 & 1924 MONROE ST