204 Heard St West Monroe, LA 71292
About This Home
Investment Opportunity: 9-Home Rental Portfolio in Monroe & West Monroe, Louisiana Discover an exceptional opportunity to acquire a package of 9 single-family homes strategically located in Monroe and West Monroe. This portfolio is a rare find, offering a balanced mix of stable, long-term rental income and potential for value appreciation. Highlights: • Turnkey Income Stream: Most properties are rented to long-term tenants, providing consistent cash flow. • Prime Locations: Homes are situated in desirable neighborhoods across Monroe and West Monroe, appealing to tenants seeking convenience and quality of life. • Diverse Property Mix: Each property offers unique layouts, catering to a variety of tenant needs. • Growth Potential: Opportunities to increase rents or renovate for higher returns. • Strong Market: Monroe and West Monroe boast a robust rental market, supported by local industries, universities, and a growing population. This portfolio is ideal for investors seeking a scalable entry into real estate or those looking to expand an existing rental business. Don’t miss this chance to secure a high-performing asset in one of Louisiana’s most stable markets. Call today for financial details and to schedule a private consultation.
Listing Agent
Keller Williams Parishwide Partners License #0912124481 Listed on: 07/09/2025
Home Details
Home Type
- Single Family
Laundry
- Laundry in unit
Utilities
- Central Air
- Separate Meters
- Electric Water Heater
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $312 | $3,500 | $560 | $2,940 |
| 2024 | $312 | $3,500 | $560 | $2,940 |
| 2023 | $296 | $3,500 | $560 | $2,940 |
| 2022 | $287 | $3,500 | $560 | $2,940 |
| 2021 | $287 | $3,500 | $560 | $2,940 |
| 2020 | $287 | $3,500 | $560 | $2,940 |
| 2019 | $281 | $3,500 | $560 | $2,940 |
| 2018 | $281 | $3,500 | $560 | $2,940 |
| 2017 | $281 | $3,500 | $560 | $2,940 |
| 2016 | $281 | $3,500 | $560 | $2,940 |
| 2015 | $279 | $3,500 | $560 | $2,940 |
| 2014 | $279 | $3,500 | $560 | $2,940 |
| 2013 | $278 | $3,500 | $560 | $2,940 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $399,000 | 0.0% | -- |
| 10/31/2025 10/31/25 | Off Market | -- | -- | -- |
| 07/09/2025 07/09/25 | For Sale | $399,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Cash Sale Deed | $23,500 | None Available | |
| Deed | $35,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $34,175 | Purchase Money Mortgage |
Source: Northeast REALTORS® of Louisiana
MLS Number: 215448
APN: 37688
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