$350,000
$25K PRICE DROP

308 Woodale Dr Unit 2 Monroe, LA 71203

Estimated payment $2,199/month

Total Views 12,858
5 Beds
6 Baths
3,200 Sq Ft
$109 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Central Air
  • Heating Available
  • Walk-In Closet
  • Ceiling Fan

About This Home

Presenting the exceptional investment opportunity! This property comprises two duplexes side by side, totaling four units, all recently constructed. The units at 310 Woodale Apartments 1, 2, and 3 offer comfortable 2-bedroom/1.5-bathroom layouts, while 310 Woodale Apartment 4 presents a cozy 1-bedroom/1.5-bathroom configuration. Currently, all units boast full occupancy, ensuring immediate returns on investment. Each residence comes equipped with stainless steel appliances, washer & dryer, streamlining tenant convenience. For those seeking to expand their investment portfolio, adjacent properties at 308 and 306 Woodale are also available for sale. This offering represents a prime opportunity for savvy investors seeking stable rental income in a well-maintained property.

Listing Agent

Lisa Govan

Lisa Govan Realty License #995691089 Listed on: 03/25/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • 2018

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • Walk-In Closet
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 5447

Community Details

Overview

  • Town & Country Subdivision

Building Details

  • Insurance Expense $2,232
  • Other Expense $1,534
  • Gross Income $38,160

Property Details

Home Type

Multi-Family

Year Built

2018

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Duplex
  • Electric Companies: Entergy
  • Parish: OUACHITA
  • Water Companies: Greater Ouachita
  • Year Built: 2018
  • Directions: HWY 165 NORTH TO RIGHT ON OLD STERLINGTON RD. RIGHT ON MAGNOLIA DRIVE. LEFT ON WOODALE. UNITS ON THE RIGHT
  • Geo Longitude: -92.061035
  • Mls Number: 209401
  • Subdivision: TOWN & COUNTRY
  • System ID: 209401
  • Insurance Expense: 2232
  • Occupied Percent: 100
  • Other Expense: 1534
  • Property Tax Parish: 3724
  • Utilities Paid By Landlord: 4680
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Electric Range/Oven, Microwave, Washer, Dryer
  • Interior Amenities: Ceiling Fan(s), Smoke Detector, Walk In Closet

Exterior Features

  • Exterior Amenities: Paved Street
  • Foundation: Slab
  • Porch Patio: Porch Covered
  • Roof: Architectural Style

Garage/Parking

  • Total Parking Spaces: 8

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public
  • Water: Public
  • Electricity: Master Meters

Lot Info

  • Geo Subdivision: LA
  • Parcel Number: 5447

Multi Family

  • Number Of Units: 2

Map

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
06/09/2025 06/09/25 Price Changed $350,000 -6.7% $109 / Sq Ft
03/25/2024 03/25/24 For Sale $375,000 -- $117 / Sq Ft
Source: Northeast REALTORS® of Louisiana

Source: Northeast REALTORS® of Louisiana

MLS Number: 209401

Northeast REALTORS® of Louisiana
Louisiana Ouachita Parish Monroe 71203

308 Woodale Dr Unit 2, Monroe, LA

This home is located at 308 Woodale Dr Unit 2, Monroe, LA 71203 and is currently priced at $350,000, approximately $109 per square foot. This property was built in 2018. 308 Woodale Dr Unit 2 is a home located in Ouachita Parish with nearby schools including Jack Hayes Elementary School, Ouachita Junior High School, and Ouachita Parish High School.

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Lisa Govan
Listing Agent
Lisa Govan
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Lisa Govan Realty
(318) 788-3303