$315,000
SOLD AUG 28, 2015
Last list price

1601 N 7th St Monroe, LA 71201

Garden District Neighborhood
4 Beds
4 Baths
560 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$562 Per Sq Ft

1,010 Days on Market

About This Home

As of February 2024

Eight unit apartment complex in the heart of Monroe. Seven units rented, ready for a new owner to come in and take advantage of a great investment opportunity.

Last Agent to Sell the Property

Mark Phelps

John Rea Realty License #995715782 Listed on: 08/15/2012

John Rea Realty

Last Buyer's Agent

Gena Hanna

Re/Max Premier Realty License #995688318

Property Details

Home Type

  • Apartment

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 10 Parking Spaces

Home Design

  • Brick Veneer
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Gas Oven
  • Gas Range

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • Insurance Expense $1
  • Other Expense $1
  • Gross Income $34,560

Listing and Financial Details

  • Assessor Parcel Number 52290

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Apartments
  • Electric Companies: Entergy
  • Gas Companies: Atmos
  • Estimated Number of Acres: 0.1
  • Parish: OUACHITA
  • Price Per Sq Ft: 3125000
  • Water Companies: City
  • Insurance Expense: 1.933.50
  • Occupied Percent: 88
  • Other Expense: 1.124
  • Property Tax City: 1,451.37
  • Utilities Paid By Landlord: 1,864.04
  • Vacant Percent: 12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Gas Range/Oven

Exterior Features

  • Exterior: Brick Veneer
  • Exterior Amenities: Hard Surface Drive
  • Foundation: Slab
  • Roof: Asphalt Shingle

Garage/Parking

  • Total Parking Spaces: 10

Utilities

  • Cooling: Wall/Window Unit
  • Gas: Natural Gas
  • Heating: Natural Gas, Wall Heater
  • Sewer: Public
  • Water: Public
  • Water Heater: Natural Gas
  • Electricity: Separate Meters

Schools

  • Elementary School: Sallie Humble/Lexington
  • Middle School: NEVILLE JUNIOR HIGH SCHOOL
  • High School: NEVILLE CY

Lot Info

  • Geo Subdivision: LA
  • Lot Size: 78.15x60
  • Parcel Number: 52290
  • Price Per Acre: 3500000

Multi Family

  • Number Of Units: 8

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold -- -- --
01/07/2024 01/07/24 For Sale $400,000 0.0% $179 / Sq Ft
10/02/2020 10/02/20 Sold -- -- --
11/01/2019 11/01/19 Off Market -- -- --
08/19/2019 08/19/19 Price Changed $399,900 -1.3% $179 / Sq Ft
04/22/2019 04/22/19 For Sale $405,000 +19.1% $181 / Sq Ft
05/17/2018 05/17/18 Sold -- -- --
04/10/2018 04/10/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $340,000 +7.9% $152 / Sq Ft
08/28/2015 08/28/15 Sold -- -- --
05/22/2015 05/22/15 Pending -- -- --
08/15/2012 08/15/12 For Sale $315,000 -- $563 / Sq Ft
Source: Northeast REALTORS® of Louisiana

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Sisk

    Seller's Agent in 2024

    Mark Sisk

    RE/MAX

    (318) 801-4344

    28 in this area

    345 Total Sales

    Mark Sisk
    Section Image

  • G

    Seller's Agent in 2018

    Gena Hanna

    RE/MAX

  • J

    Buyer's Agent in 2018

    Jason Thomas

    John Rea Realty

  • Mark Phelps

    Seller's Agent in 2015

    Mark Phelps

    John Rea Realty

    (318) 237-5153

    3 in this area

    73 Total Sales

    Mark Phelps
    Section Image
See All Agents

Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 155313

Northeast REALTORS® of Louisiana

APN: 52290

Louisiana Ouachita Parish Monroe 71201 Garden District

1601 N 7th St, Monroe, LA

This home is located at 1601 N 7th St, Monroe, LA 71201 and is currently priced at $315,000, approximately $562 per square foot. 1601 N 7th St is a home located in Ouachita Parish with nearby schools including Lexington Elementary School, Sallie Humble Elementary School, and Neville Junior High School.

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