$480,000

403 Drew Ave Unit 405,407,409,411 West Monroe, LA 71291

Estimated payment $2,738/month

Total Views 2,856
12 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • 0.68 Acre Lot
  • Central Air
  • West Monroe High School Rated A
  • Covered Patio or Porch
  • Heating Available

About This Home

This property features six single-family homes, each offering 3 bedrooms, 1 bathroom, a kitchen, laundry area, and living room. Four of the homes have been remodeled and are currently tenant-occupied, producing an approximate monthly income of $3,400. The remaining two homes, 411 Drew and 413 Drew, have not been remodeled and are currently used for storage, providing the next owner with additional value-add potential.Whether you’re an experienced investor or looking to expand your portfolio, this property offers immediate income with future upside.

Listing Agent

Harrison Lilly

Harrison Lilly License #0995692997 Listed on: 08/21/2025

Co-Listing Agent

Alex Ponarski

THLT Realty License #995713965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,480

Home Design

  • Asphalt Shingled Roof

Schools

  • Riverbend O Elementary School
  • Riser O Middle School

Utilities

  • Central Air
  • Heating Available
  • Separate Meters
  • Gas Available
  • Electric Water Heater

Additional Features

  • Laundry in unit
  • Crawl Space
  • Covered Patio or Porch
  • 0.68 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 78874

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,480

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: House
  • Electric Companies: Entergy
  • Gas Companies: Atmos
  • Estimated Number of Acres: 0.68
  • Parish: OUACHITA
  • Price Per Sq Ft: 705882.35
  • Water Companies: City
  • Directions: From Cypress turn West on Drew
  • Elementary School: RIVERBEND O
  • Geo Longitude: -92.135231
  • Middle School: RISER O
  • Mls Number: 216105
  • Subdivision: OTHER
  • System ID: 216105
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Laundry: Private

Exterior Features

  • Exterior Amenities: Hard Surface Drive, Paved Street
  • Foundation: Crawl Space
  • Porch Patio: Porch Covered
  • Roof: Asphalt Shingle

Utilities

  • Cooling: Central Air
  • Gas: Available
  • Heating: Electric
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Electricity: Separate Meters

Schools

  • Elementary School: RIVERBEND O
  • Middle School: RISER O

Lot Info

  • Geo Subdivision: LA
  • Parcel Number: 78874
  • Price Per Acre: 705882.35

Multi Family

  • Number Of Units: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,480 $5,400 $2,880 $2,520
2023 $1,480 $5,400 $2,880 $2,520
2022 $1,474 $5,400 $2,880 $2,520
2021 $1,474 $18,000 $2,880 $15,120
2020 $1,474 $18,000 $2,880 $15,120
2019 $1,443 $5,400 $2,880 $2,520
2018 $1,443 $5,400 $2,880 $2,520
2017 $1,299 $4,860 $2,592 $2,268
2016 $1,082 $18,000 $2,880 $15,120
2015 $1,436 $18,000 $2,880 $15,120
2014 $1,436 $18,000 $2,880 $15,120
2013 $1,430 $5,400 $2,880 $2,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $480,000 +141.2% --
11/08/2013 11/08/13 Sold -- -- --
10/11/2013 10/11/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $199,000 -- $55 / Sq Ft
Source: Northeast REALTORS® of Louisiana

Purchase History

Date Type Sale Price Title Company
Deed $155,000 None Listed On Document
Deed -- --
Deed $155,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $157,126 Credit Line Revolving
Source: Public Records

About the Listing Agent

Harrison Lilly

Harrison Lilly

(318) 592-8819

Section Image

Harrison is the owner of THLT Realty, the #1 Real Estate sales team in Louisiana for over 4 years running! THLT believes in high service to both its clients and agents. You will find the best professional production, marketing plans, and sales stats for your listings. Buyers, you will have a specialized experience working with buyers agents that only focus on buyer success. We want to you partner with you on your real estate goals!

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    Contact Harrison Lilly for all communications and documents. "Information provided for this listing is deemed reliable, but not guaranteed." THLT Realty does not accept Deposits/Escrow Checks.

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Source: Northeast REALTORS® of Louisiana

MLS Number: 216105

Northeast REALTORS® of Louisiana

APN: 78874