403 Drew Ave Unit 405,407,409,411 West Monroe, LA 71291
Estimated payment $2,658/month
Highlights
- 0.68 Acre Lot
- Covered Patio or Porch
- Heating Available
- West Monroe High School Rated A
- Central Air
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.
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
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 | $1,480 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/21/2025 08/21/25 | For Sale | $480,000 | +141.2% | -- | |
| 11/08/2013 11/08/13 | Sold | -- | -- | -- | View Prior Sale |
| 10/11/2013 10/11/13 | Pending | -- | -- | -- | |
| 05/23/2013 05/23/13 | For Sale | $199,000 | -- | $55 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $155,000 | None Listed On Document | |
| Deed | -- | -- | |
| Deed | $155,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $157,126 | Credit Line Revolving |
About the Listing Agent
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!
Harrison's Other Listings
Source: Northeast REALTORS® of Louisiana
MLS Number: 216105
APN: 78874
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