$275,000
SOLD JUN 20, 2025
Last list price

60 W Elmwood Dr Monroe, LA 71203

10 Beds
10 Baths
-- Sq Ft
0.29 Acres

Recently Sold

223 Days on Market

Highlights

  • Living Room with Fireplace
  • Brick Veneer
  • Outdoor Storage
  • Enclosed Patio or Porch
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of June 2025

Introducing an exceptional opportunity for multifamily investors in the Monroe area. This impressive property spans 6,700 square feet and comprises 4 units, offering spacious, modern living spaces for residents. With three of the four units recently renovated in the past three years, the property showcases a contemporary and well-maintained aesthetic. The property also had a new roof in 2021 and three new A/C units installed. The owner pays water $300 month and trash $70 month and grosses $3,625 a month at 100% occupancy. With a prime location in Monroe, LA, this investment presents an attractive proposition for those seeking a multifamily property with substantial potential for long-term value and positive returns. Embrace the opportunity to invest in a property that combines timeless charm with modern comfort and convenience. *Property can be shown with an accepted contract. Please do not disturb the tenants.

Last Agent to Sell the Property

Louis Luffey

Faulk & Foster Real Estate Services License #99569655 Listed on: 08/15/2024

Last Buyer's Agent

Dustin James

Keller Williams Parishwide Partners License #0912124481

Keller Williams Parishwide Partners

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.29 Acre Lot

Home Design

  • Quadruplex
  • Brick Veneer
  • Slab Foundation
  • Asphalt Shingled Roof
  • Architectural Shingle Roof

Interior Spaces

  • Walk-In Closet
  • Ceiling Fan
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Town & Country Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5374

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL INCOME
  • Type: Fourplex
  • Electric Companies: Entergy
  • Estimated Number of Acres: 0.29
  • Parish: OUACHITA
  • Price Per Sq Ft: 862068.97
  • Water Companies: Town & Country
  • Geo Longitude: -92.073369
  • Mls Number: 211297
  • Subdivision: TOWN & COUNTRY
  • System ID: 211297
  • Occupied Percent: 75
  • Vacant Percent: 25
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Electric Range/Oven, Range Hood, Washer/Dryer Connect
  • Interior Amenities: Ceiling Fan(s), Smoke Detector, Walk In Closet, Cable
  • Fireplace: In Living Room
  • Laundry: Private

Exterior Features

  • Exterior: Brick Veneer
  • Exterior Amenities: Hard Surface Drive, Storage Building
  • Foundation: Slab
  • Porch Patio: Open Patio, Enclosed Patio
  • Roof: Architectural Style, Asphalt Shingle

Utilities

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

Lot Info

  • Geo Subdivision: LA
  • Parcel Number: 5374
  • Price Per Acre: 948275.86

Multi Family

  • Number Of Units: 4

Range of Values:

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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 Change Sq Ft Price
06/20/2025 06/20/25 Sold -- -- --
02/11/2025 02/11/25 Price Changed $275,000 -8.3% --
11/09/2024 11/09/24 Price Changed $299,900 -3.3% --
08/15/2024 08/15/24 For Sale $310,000 -- --
Source: Northeast REALTORS® of Louisiana

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast REALTORS® of Louisiana

MLS Number: 211297

Northeast REALTORS® of Louisiana

APN: 5374