$1,250,000
SOLD MAY 28, 2025
Last list price

4309 Old Sterlington Rd Unit 4311 & 4313 Monroe, LA 71203

11 Beds
8 Baths
5,750 Sq Ft
1.32 Acres

Recently Sold

$217 Per Sq Ft

24 Days on Market

Highlights

  • Landscaped Professionally
  • Enclosed Patio or Porch
  • Home Security System
  • Hydromassage or Jetted Bathtub
  • Walk-In Closet
  • Central Air

About This Home

As of May 2025

LOCATION! LOCATION!! LOCATION!!! TURNKEY INVESTMENT PROPERTY WITH ROOM FOR GROWTH!! 3 units each with 2 townhomes for a total of 6 townhomes, and a .7 acre piece of land. Current owner has professional plans drawn for the land to build 2-3 more units that will be given to the new owner. 6 townhomes less than 10 years old and in immaculate condition. 4 - 3 bed and 2 bath townhomes, and 2 - 2 bed and 2 bath townhomes. Each townhome boasts ceramic and wood floors, granite countertops, large bedrooms, large walk-in closets, and tons of room! Private fenced in back patios with wooden gates allow for easy access to the grounds. Plenty of parking for each unit. 100% occupied with continued calls coming in daily requesting space! This a very rare investment property, and it won't last long!

Last Agent to Sell the Property

Jennifer Cain

DB Real Estate License #0995687159 Listed on: 03/21/2025

Last Buyer's Agent

Allison Cattar

DB Real Estate License #0000050381

Property Details

Home Type

  • Multi-Family

Year Built

  • 2016

Lot Details

  • 1.32 Acre Lot
  • Landscaped Professionally

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan

Kitchen

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

Bedrooms and Bathrooms

  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch
  • Breezeway
  • Rain Gutters

Schools

  • Jack Hayes O Elementary School
  • Ouachita Middle School
  • Ouachita O High School

Utilities

  • Central Air
  • Heating Available
  • Separate Meters
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 138000, 126572, 126571, 126570

Community Details

Overview

  • None/Metes And Bounds Subdivision

Building Details

  • Gardener Expense $60
  • Insurance Expense $4,331
  • Other Expense $9,168
  • Utility Expense $150

Property Details

Home Type

Multi-Family

Year Built

2016

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: MULTI-UNIT PROPERTIES
  • Electric Companies: Entergy
  • Estimated Number of Acres: 1.32
  • Parish: OUACHITA
  • Water Companies: Greater Ouachita
  • Year Built: 2016
  • Directions: From HWY 165N - Right onto Finks Hideaway - Left onto Old Sterlington - Property on the left
  • Elementary School: JACK HAYES O
  • Geo Longitude: -92.067597
  • High School: OUACHITA O
  • Middle School: OUACHITA
  • Mls Number: 213914
  • Subdivision: NONE/METES AND BOUNDS
  • System ID: 213914
  • Insurance Expense: 4331.40
  • Landscape Expense: 60/Bi-weekly
  • Occupied Percent: 100
  • Other Expense: Total tax - $9168.19
  • Utilities Expenses: Water $150/Garbage $120
  • Utilities Paid By Landlord: Water/Garbage/Yard
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Electric Range/Oven, Microwave, Washer/Dryer Connect
  • Interior Amenities: Jet Tub, Ceiling Fan(s), Smoke Detector, Security System, Walk In Closet, Cable
  • Laundry: Private

Exterior Features

  • Landscaping: Professional Landscaping
  • Exterior: Vinyl Siding
  • Exterior Amenities: Hard Surface Drive, Gravel Drive, Paved Street, Gutters
  • Foundation: Slab
  • Porch Patio: Porch Covered, Enclosed Patio, Breezeway
  • Roof: Architectural Style

Utilities

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

Lot Info

  • Geo Subdivision: LA
  • Lot Size: 1.311 total (all 4 parcels)
  • Parcel Number: 138000, 126572, 126571, 126570

Multi Family

  • Number Of Units: 6

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
05/28/2025 05/28/25 Sold -- -- --
04/10/2025 04/10/25 Price Changed $1,250,000 -7.4% $217 / Sq Ft
03/21/2025 03/21/25 For Sale $1,350,000 -- $235 / Sq Ft
Source: Northeast REALTORS® of Louisiana

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jennifer Cain

    DB Real Estate

    (318) 547-3873

    20 Total Sales

    Jennifer Cain
    Section Image

  • A

    Buyer's Agent in 2025

    Allison Cattar

    DB Real Estate

    (318) 366-4480

    60 Total Sales

    Allison Cattar
    Section Image
See All Agents

Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 213914

Northeast REALTORS® of Louisiana
Louisiana Ouachita Parish Monroe 71203

4309 Old Sterlington Rd Unit 4311 & 4313, Monroe, LA

Sold

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