407 Sheridan Ave Monroe, LA 71201
Midtown NeighborhoodEstimated payment $929/month
About This Home
This duplex sits in the middle of town, right by the college—an excellent location for steady rental demand. A great opportunity for investors, this property features two units: one 1-bedroom, 1-bath and one 2-bedroom, 1-bath. Unit A has been freshly painted cool neutrals to have a more modern appearance. Both units offer spacious bedrooms and comfortable living areas, along with nice kitchen spaces that tenants will appreciate. The property is well-kept with a clean front yard and a great spacious backyard. Perfect for investors looking to start or grow their portfolio with a solid, income-producing property. The duplex is only 3 minutes from ULM, 12 minutes from I-20, and only 35 minutes from META. Come see this hidden gem today!!
Property Details
Home Type
- Multi-Family
Year Built
- 1959
Lot Details
- 9,583 Sq Ft Lot
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Slab Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Fire and Smoke Detector
Kitchen
- Electric Oven
- Electric Range
Utilities
- Central Heating and Cooling System
- Separate Meters
- Electric Water Heater
Community Details
- Breard Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 44533
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $993 | $9,052 | $1,500 | $7,552 |
| 2024 | $993 | $9,052 | $1,500 | $7,552 |
| 2023 | $993 | $7,252 | $1,200 | $6,052 |
| 2022 | $767 | $7,252 | $1,200 | $6,052 |
| 2021 | $765 | $7,252 | $1,200 | $6,052 |
| 2020 | $611 | $5,791 | $1,200 | $4,591 |
| 2019 | $607 | $5,791 | $1,200 | $4,591 |
| 2018 | $608 | $5,791 | $1,200 | $4,591 |
| 2017 | $641 | $5,791 | $1,200 | $4,591 |
| 2016 | $326 | $2,950 | $1,450 | $1,500 |
| 2015 | $326 | $2,950 | $1,450 | $1,500 |
| 2014 | $326 | $2,950 | $1,450 | $1,500 |
| 2013 | $325 | $2,950 | $1,450 | $1,500 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/23/2026 04/23/26 | For Sale | $154,000 | +121.6% | -- | |
| 10/30/2012 10/30/12 | Sold | -- | -- | -- | View Prior Sale |
| 10/05/2012 10/05/12 | Pending | -- | -- | -- | |
| 09/25/2012 09/25/12 | For Sale | $69,500 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | None Listed On Document |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000,000 | Future Advance Clause Open End Mortgage |
Source: Northeast REALTORS® of Louisiana
MLS Number: 219113
APN: 44533
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