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University Area Homes for Sale

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  • 1205 N Mcguire Ave, Monroe, LA 71203
    1205 N Mcguire Ave, Monroe, LA 71203
    1205 N Mcguire Ave, Monroe, LA 71203
    /31

    $200,000

    • 4 Beds
    • 2 Baths
    • 2,315 Sq Ft

    1205 N Mcguire Ave, Monroe, LA 71203

    Welcome to 1205 N McGuire Ave in Monroe—an ideal home conveniently located near ULM and VCOM! This spacious 4-bedroom, 2-bath property offers plenty of room for comfortable living. Enjoy relaxing or entertaining under the covered back patio, perfect for year-round use. The home also features a one-car attached carport for added convenience and protection from the elements. The fenced-in backyard

    Agent Photo

    Harrison Lilly

    Harrison Lilly

    (318) 827-7028

    1205 N Mcguire Ave, Monroe, LA 71203
  • 1812 Filhiol Ave Unit 2804 Renwick street, Monroe, LA 71203
    1812 Filhiol Ave Unit 2804 Renwick street, Monroe, LA 71203
    1812 Filhiol Ave Unit 2804 Renwick street, Monroe, LA 71203
    /11

    $120,000

    • 2 Beds
    • 1 Bath
    • 933 Sq Ft

    1812 Filhiol Ave Unit 2804 Renwick street, Monroe, LA 71203

    Investor special! Two 2 bed / 1 bath homes for the price of one! Both homes are perfect for rental income. Strong potential for cash flow with the ability to renovate and increase value. Great addition to any investor’s portfolio. Sold as-is. Don’t miss this opportunity!

    Agent Photo

    Kristen LeDent

    Keller Williams Parishwide Partners

    (318) 744-1863

    1812 Filhiol Ave Unit 2804 Renwick street, Monroe, LA 71203
  • 1202 N Mcguire Ave, Monroe, LA 71203
    1202 N Mcguire Ave, Monroe, LA 71203
    1202 N Mcguire Ave, Monroe, LA 71203
    /14

    $145,000

    • 4 Beds
    • 2 Baths
    • 1,757 Sq Ft

    1202 N Mcguire Ave, Monroe, LA 71203

    This is a duplex that offers flexibility for a new owner to continue renting both units or live in one side while renting the other. Each unit features 2 bedrooms and 1 bathroom, along with washer and dryer hookups. The property has seen several updates over the past few years, including some new windows. Convenient rear parking adds to the functionality of the property. This duplex is an

    Sandy & Kevin Whitlock eXp Realty, LLC

    1202 N Mcguire Ave, Monroe, LA 71203
  • 3712 Grant St, Monroe, LA 71203
    3712 Grant St, Monroe, LA 71203
    3712 Grant St, Monroe, LA 71203
    /9

    $85,000

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft

    3712 Grant St, Monroe, LA 71203

    Investor opportunity near ULM! This 2-bedroom, 1-bath brick home on a slab is currently tenant-occupied and generating $975 per month in rental income. The same tenant has been in place for over two years, providing stable cash flow and a strong rental history with minimal turnover. Located in close proximity to the University of Louisiana Monroe, shopping, and dining, this property sits in a

    Scott Leo Cypress State Realty

    3712 Grant St, Monroe, LA 71203
  • 6406 Diamond Head Dr, Monroe, LA 71203
    6406 Diamond Head Dr, Monroe, LA 71203
    6406 Diamond Head Dr, Monroe, LA 71203
    /12

    $265,000

    • 3 Beds
    • 2 Baths
    • 2,321 Sq Ft

    6406 Diamond Head Dr, Monroe, LA 71203

    Discover the perfect blend of style and peace in this completely remodeled 3- bedroom, 2 bath home located in Cypress Point Subdivision. This move in ready has fresh paint, brand new flooring and a new roof. The living area features vaulted ceilings and recessed lighting. In the heart of the home, this modern kitchen features a jet tub, which is perfect for unwinding after a long day. Step

    Stephanie Hunter Coldwell Banker Group One Realty

    6406 Diamond Head Dr, Monroe, LA 71203
  • 3706 Grant St, Monroe, LA 71203
    3706 Grant St, Monroe, LA 71203
    /2

    $135,000

    • 2 Beds
    • 2 Baths
    • 1,433 Sq Ft

    3706 Grant St, Monroe, LA 71203

    Great investment opportunity in Monroe! This 2-bedroom, 2-bath brick home sits on a slab foundation and features central air and heat along with spacious rooms and a comfortable layout. The property offers a nice yard and a large backyard, providing plenty of outdoor space. Currently tenant-occupied with a long-term tenant paying $1,199 per month, this property delivers consistent rental income.

    Scott Leo Cypress State Realty

    3706 Grant St, Monroe, LA 71203
  • 3706 Lafourche St, Monroe, LA 71203
    3706 Lafourche St, Monroe, LA 71203
    3706 Lafourche St, Monroe, LA 71203
    /16

    $115,000

    • Studio

    3706 Lafourche St, Monroe, LA 71203

    Excellent investment opportunity near ULM! This 2-bedroom, 1-bath home is currently tenant-occupied and rents for $1,050 per month, providing strong and consistent cash flow. The property features hardwood floors, central air and heat, a very large kitchen, and a spacious living room and dining area. The home also offers a large backyard, adding to its overall appeal. Located in close proximity

    Scott Leo Cypress State Realty

    3706 Lafourche St, Monroe, LA 71203
  • 2022 Filhiol Ave, Monroe, LA 71203
    2022 Filhiol Ave, Monroe, LA 71203
    2022 Filhiol Ave, Monroe, LA 71203
    /9

    $280,000

    • 5 Beds
    • 3 Baths
    • 3,242 Sq Ft

    2022 Filhiol Ave, Monroe, LA 71203

    Excellent investment opportunity on the bayou! This large site-built property was originally constructed as a duplex and is currently leased to the Oxford Foundation as a sober living home, producing $2,100 per month in rental income. The property has maintained strong occupancy and stable rental history since the seller acquired it in 2023. Situated on a waterfront lot with a spacious backyard,

    Scott Leo Cypress State Realty

    2022 Filhiol Ave, Monroe, LA 71203
  • 6630 Cypress Point Dr, Monroe, LA 71203
    6630 Cypress Point Dr, Monroe, LA 71203
    6630 Cypress Point Dr, Monroe, LA 71203
    /9

    $79,900

    • Land
    • 25,264 Sq Ft
    • $137,759 per Acre

    6630 Cypress Point Dr, Monroe, LA 71203

    All information deemed reliable but not guaranteed.

    Mark Sisk Re/Max Premier Realty

    6630 Cypress Point Dr, Monroe, LA 71203
  • 6636 Cypress Point Dr, Monroe, LA 71203
    6636 Cypress Point Dr, Monroe, LA 71203
    6636 Cypress Point Dr, Monroe, LA 71203
    /9

    $79,900

    • Land
    • 25,264 Sq Ft
    • $137,759 per Acre

    6636 Cypress Point Dr, Monroe, LA 71203

    All information deemed reliable but not guaranteed.

    Mark Sisk Re/Max Premier Realty

    6636 Cypress Point Dr, Monroe, LA 71203
Louisiana Ouachita County Monroe University Area

Real Estate & Homes for Sale in University Area, Monroe

Why Live in University Area
The University Area is a vibrant neighborhood in Monroe, ideal for students from the University of Louisiana Monroe. Housing styles include single-story homes from the 1940s and 1950s, with prices varying based on proximity to the bayou. Over the past two decades, the neighborhood has seen an influx of investors purchasing older homes to rent out. This area offers a convenient lifestyle with many restaurants, shops and attractions. Dining options include Catahoula’s and Waterfront Grill, which offers American and Cajun cuisine. Athena’s serves Greek and Lebanese dishes. Bayou Park on the ULM campus hosts concerts and events, and the bayou is popular for fishing, kayaking, and water skiing. Bayou Desiard Country Club has golf, tennis, and pickleball facilities. Students in the area attend highly rated Neville Junior High School and Neville High School. The Monroe Transit System provides easy access to other parts of the city. St. Francis Medical Center and Monroe Regional Airport are a few miles away.
Learn more about living in University Area

Frequently Asked Questions

Is University Area a good place to live?
University Area is a good place to live. University Area is considered car-dependent and somewhat bikeable. University Area has 1 park for recreational activities. It is fairly sparse in population with 3.3 people per acre and a median age of 27. The average household income is $50,616 which is below the national average. College graduates make up 42.3% of residents. A majority of residents in University Area are renters, with 69.4% of residents renting and 30.6% of residents owning their home. A local real estate agent serving University Area can help you decide if this neighborhood is the right one for you. Learn more on our University Area neighborhood guide.
Is University Area, LA a safe neighborhood?
University Area, LA is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.
How much do you need to make to afford a house in University Area?
The median home price in University Area is $176,000. If you put a 20% down payment of $35,200 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $880 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $38K a year to afford the median home price in University Area. Learn how much home you can afford with our Home Affordability Calculator. The average household income in University Area is $51K.
What are the best public schools in University Area?
The best public schools that serve University Area are:
What are the best private schools in University Area?
The best private schools that serve University Area are:
What are the most popular zip codes in University Area, Monroe, LA?
The most popular zip codes in University Area, Monroe, LA include 71203, 71201, 71202, 71291 and 71220.
What are the most popular neighborhoods near University Area, Monroe, LA?
The most popular neighborhoods near University Area, Monroe, LA are Midtown, North Monroe, Ingleside, Lakeshore and Garden District.

Home Trends in University Area, LA

On average, homes in University Area, Monroe sell after 62 days on the market compared to the national average of 57 days. The median sale price for homes in University Area, Monroe over the last 12 months is $145,000, down 17% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$145,000
Median Single Family Sale Price
$158,500
Average Price Per Sq Ft
$82
Number of Homes for Sale
4
Last 12 months Home Sales
10
Months of Supply
4.80
Median List Price
$176,000
Median Change From 1st List Price
12%
Median Home Sale Price YoY Change
-17%
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