2238 Highway 594 Unit Multiple Addresses i Monroe, LA 71203
Estimated payment $3,985/month
Highlights
- Covered patio or porch
- Fireplace
- Ceiling Fan
- Swartz Lower Elementary School Rated A-
- Central Heating and Cooling System
About This Home
Investment Opportunity: 4-Home Rental Portfolio in Monroe & Sterlington, Louisiana. Seize an exceptional opportunity to acquire a fully rented portfolio of 4 renovated, single-family homes strategically located in Monroe and Sterlington. This turnkey investment offers a reliable income stream and excellent potential for long-term appreciation. Highlights: • Immediate Cash Flow: All homes are leased to long-term tenants, ensuring consistent monthly income from day one. • Prime Locations: Homes are situated in desirable neighborhoods across Monroe and Sterlington, appealing to tenants seeking convenience and quality of life. • Diverse Property Mix: Each property offers unique layouts, catering to a variety of tenant needs. • Strong Market: Monroe and Sterlington boast a robust rental market, supported by local universities, expanding industries 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. Please do not knock on any doors or disturb tenants. Rent roll and leases available with signed Non-Disclosure Agreement and Letter of Intent. Showings and inspections can be arranged once the aforementioned are signed along with an accepted purchase agreement.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,163
Home Design
- Slab Foundation
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Fireplace
- Laundry in unit
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Outdoor Features
- Covered patio or porch
Utilities
- Central Heating and Cooling System
- 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 |
|---|---|---|---|---|
| 2024 | $1,163 | $8,239 | $465 | $7,774 |
| 2023 | $1,163 | $8,239 | $465 | $7,774 |
| 2022 | $966 | $7,062 | $750 | $6,312 |
| 2021 | $974 | $7,062 | $750 | $6,312 |
| 2020 | $974 | $7,062 | $750 | $6,312 |
| 2019 | $961 | $7,062 | $750 | $6,312 |
| 2018 | $918 | $7,062 | $750 | $6,312 |
| 2017 | $941 | $7,062 | $750 | $6,312 |
| 2016 | $918 | $7,062 | $750 | $6,312 |
| 2015 | $917 | $7,062 | $750 | $6,312 |
| 2014 | $917 | $7,062 | $750 | $6,312 |
| 2013 | $915 | $7,062 | $750 | $6,312 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $710,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $92,000 | Nela Title Company Llc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $113,210 | New Conventional | |
| Open | $250,000 | Credit Line Revolving | |
| Previous Owner | $30,000 | New Conventional |
Source: Northeast REALTORS® of Louisiana
MLS Number: 215870
APN: 80271
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