503 Plum St Monroe, LA 71202
Southside NeighborhoodEstimated payment $262/month
Highlights
- Covered Patio or Porch
- Central Heating and Cooling System
- Ceiling Fan
About This Home
Investor Opportunity in Downtown Monroe! Calling all investors! This 3-bedroom, 1-bath bungalow in the heart of Downtown Monroe offers an excellent opportunity to add a cash-flowing property to your portfolio. With just under 1,200 heated square feet, central heat and air, and a well-maintained frame construction with crawl space foundation, this home provides solid investment potential. A long-term tenant is already in place and would like to remain, providing immediate rental income of $600 per month. The home also features a welcoming covered front porch, adding to its charm and tenant appeal. Conveniently located near shopping, dining, schools, and major roadways, this property offers easy access to everything Monroe has to offer. Bonus Opportunity: Seller also has two additional investment properties available that may be purchased as a package, creating the potential for a larger income-producing portfolio. Don't miss your chance to secure an affordable investment property with existing income and room to grow! Call today for details on this property and the package opportunity
Home Details
Home Type
- Single Family
Year Built
- 1929
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Crawl Space
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Utilities
- Central Heating and Cooling System
- Separate Meters
- Natural Gas Water Heater
Additional Features
- Covered Patio or Porch
- 5,227 Sq Ft Lot
Community Details
- Ouachita Cotton Subdivision
Listing and Financial Details
- Assessor Parcel Number 75272
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 | $153 | $1,408 | $245 | $1,163 |
| 2024 | $153 | $1,408 | $245 | $1,163 |
| 2023 | $163 | $1,408 | $245 | $1,163 |
| 2022 | $149 | $1,408 | $245 | $1,163 |
| 2021 | $149 | $1,408 | $245 | $1,163 |
| 2020 | $149 | $1,408 | $245 | $1,163 |
| 2019 | $151 | $1,440 | $250 | $1,190 |
| 2018 | $151 | $1,440 | $250 | $1,190 |
| 2017 | $159 | $1,440 | $250 | $1,190 |
| 2016 | $159 | $1,440 | $250 | $1,190 |
| 2015 | $159 | $1,440 | $250 | $1,190 |
| 2014 | $159 | $1,440 | $250 | $1,190 |
| 2013 | $158 | $1,440 | $250 | $1,190 |
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 |
|---|---|---|---|---|
| 06/23/2026 06/23/26 | For Sale | $47,000 | -- | $39 / Sq Ft |
Source: Northeast REALTORS® of Louisiana
MLS Number: 219840
APN: 75272
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