48 Prospect St Alexandria, LA 71301
Estimated payment $284/month
Total Views
7,412
1
Bed
1
Bath
1,278
Sq Ft
$39
Price per Sq Ft
About This Home
Investment Opportunity: Two Duplex Properties
This listing includes two well-maintained duplex properties offering strong rental income and upside potential.
48 Prospect Street features two 1-bedroom, 1-bathroom units, each rent at $550/month.
2816 Monroe Avenue (Units A & B) includes one 2-bedroom, 2-bathroom unit (Unit A) renting for $650/month, and one 1-bedroom, 1-bathroom unit (Unit B) renting for $550/month.
All four units have received updates, enhancing appeal for tenants and investors alike. These properties offer a balanced unit mix and are ideal for those seeking steady cash flow with room for value-add improvements.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $138
Lot Details
- 6,952 Sq Ft Lot
- Lot Dimensions are 116 x 50
- Property is in average condition
Home Design
- Quadruplex
- Raised Foundation
- Metal Construction or Metal Frame
Interior Spaces
- 1,278 Sq Ft Home
- Property has 1 Level
Parking
- Driveway
- Off-Street Parking
Location
- Outside City Limits
Utilities
- Window Unit Cooling System
- Internet Available
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 1010759800
Map
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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 | $138 | $1,500 | $300 | $1,200 |
| 2023 | $139 | $1,500 | $300 | $1,200 |
| 2022 | $378 | $3,200 | $300 | $2,900 |
| 2021 | $325 | $3,200 | $300 | $2,900 |
| 2020 | $325 | $3,200 | $300 | $2,900 |
| 2019 | $246 | $3,200 | $300 | $2,900 |
| 2018 | $0 | $3,200 | $346 | $2,854 |
| 2017 | $0 | $3,200 | $346 | $2,854 |
| 2016 | $356 | $3,200 | $346 | $2,854 |
| 2015 | $354 | $3,200 | $346 | $2,854 |
| 2014 | $356 | $3,200 | $346 | $2,854 |
| 2013 | $340 | $3,200 | $346 | $2,854 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | Price Changed | $50,000 | -16.7% | $39 / Sq Ft |
| 04/11/2025 04/11/25 | For Sale | $60,000 | +66.7% | $47 / Sq Ft |
| 06/16/2022 06/16/22 | Sold | -- | -- | -- |
| 05/05/2022 05/05/22 | Pending | -- | -- | -- |
| 03/02/2022 03/02/22 | For Sale | $36,000 | -- | $28 / Sq Ft |
Source: Greater Central Louisiana REALTORS® Association
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | -- | -- | |
| Deed | $16,500 | United Title |
Source: Public Records
Similar Homes in Alexandria, LA
Source: Greater Central Louisiana REALTORS® Association
MLS Number: 2496291
APN: 24-036-01700-0044
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