420 Pargoud Dr Monroe, LA 71202
Southside Riverfront NeighborhoodEstimated payment $2,725/month
About This Home
Investment Opportunity: 7-Home Rental Portfolio in Monroe & West Monroe, Louisiana Discover an exceptional opportunity to acquire a package of 7 single-family homes strategically located in Monroe and West Monroe. This portfolio is a rare find, offering a balanced mix of stable, long-term rental income and potential for value appreciation. Highlights: • Turnkey Income Stream: Most properties are rented to long-term tenants, providing consistent cash flow. • Prime Locations: Homes are situated in desirable neighborhoods across Monroe and West Monroe, appealing to tenants seeking convenience and quality of life. • Diverse Property Mix: Each property offers unique layouts, catering to a variety of tenant needs. • Growth Potential: Opportunities to increase rents or renovate for higher returns. • Strong Market: Monroe and West Monroe boast a robust rental market, supported by local industries, universities, 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.
Listing Agent
Keller Williams Parishwide Partners License #0912124481 Listed on: 07/09/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $721
Laundry
- Laundry in unit
Utilities
- Cooling System Powered By Gas
- Central Air
- 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 | $721 | $6,542 | $1,045 | $5,497 |
2023 | $721 | $6,542 | $1,045 | $5,497 |
2022 | $692 | $6,542 | $1,045 | $5,497 |
2021 | $690 | $6,542 | $1,045 | $5,497 |
2020 | $690 | $6,542 | $1,045 | $5,497 |
2019 | $698 | $6,650 | $1,064 | $5,586 |
2018 | $699 | $6,650 | $1,064 | $5,586 |
2017 | $736 | $6,650 | $1,064 | $5,586 |
2016 | $736 | $6,650 | $1,064 | $5,586 |
2015 | $734 | $6,650 | $1,064 | $5,586 |
2014 | $734 | $6,650 | $1,064 | $5,586 |
2013 | $732 | $6,650 | $1,064 | $5,586 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/09/2025 07/09/25 | For Sale | $490,000 | +677.8% | -- |
02/10/2022 02/10/22 | Sold | -- | -- | -- |
01/11/2022 01/11/22 | For Sale | $63,000 | 0.0% | -- |
01/11/2022 01/11/22 | Price Changed | $63,000 | -1.6% | -- |
12/02/2021 12/02/21 | Off Market | -- | -- | -- |
10/21/2021 10/21/21 | Price Changed | $64,000 | -1.5% | -- |
06/09/2021 06/09/21 | For Sale | $65,000 | +32.7% | -- |
05/15/2012 05/15/12 | Sold | -- | -- | -- |
04/30/2012 04/30/12 | Pending | -- | -- | -- |
02/29/2012 02/29/12 | For Sale | $49,000 | -- | $31 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $58,000 | North Delta Title | |
Special Warranty Deed | $44,900 | None Available | |
Cash Sale Deed | $66,500 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $34,400 | Unknown | |
Previous Owner | $66,500 | New Conventional |
Source: Northeast REALTORS® of Louisiana
MLS Number: 215446

APN: 43575
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