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Monroe, LA Multifamily Homes & Duplexes for Sale

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  • 507 & 509 S 23rd St Unit A-G, Monroe, LA 71201
    507 & 509 S 23rd St Unit A-G, Monroe, LA 71201
    507 & 509 S 23rd St Unit A-G, Monroe, LA 71201
    /4

    $99,000

    • Studio

    507 & 509 S 23rd St Unit A-G, Monroe, LA 71201

    Don't miss your opportunity to own this investment property at an incredible price point! 9 units for under 100k! With a little TLC, these units could be occupied and producing income in no time! Schedule your showing today!

    Joshua Roberts Keller Williams Parishwide Partners

    507 & 509 S 23rd St Unit A-G, Monroe, LA 71201
  • 1008 S 4th St, Monroe, LA 71202
    1008 S 4th St, Monroe, LA 71202
    1008 S 4th St, Monroe, LA 71202
    /3

    $75,000

    • 4 Beds
    • 2 Baths

    1008 S 4th St, Monroe, LA 71202

    Looking for an investment with immediate cash flow? This rental duplex offers stable monthly income and flexible purchasing options. And there are options!!!! Buy individually or mix & match packages to fit your portfolio. Call For details!

    Julie Hansen DB Real Estate

    1008 S 4th St, Monroe, LA 71202
  • 1411 Griffin St Unit 1413 GRIFFIN STREET, Monroe, LA 71203
    1411 Griffin St Unit 1413 GRIFFIN STREET, Monroe, LA 71203
    1411 Griffin St Unit 1413 GRIFFIN STREET, Monroe, LA 71203
    /5

    $189,000

    • 8 Beds
    • 4 Baths
    • 2,480 Sq Ft

    1411 Griffin St Unit 1413 GRIFFIN STREET, Monroe, LA 71203

    Introducing 1411 & 1413 Griffin Street in Monroe featuring a duplex and triplex investment opportunity with five total units and recent interior updates. 1411 Griffin Street includes a duplex configuration, while 1413 Griffin Street offers a triplex, providing a total of five rental units with a mix of functional layouts. Select units have seen recent improvements, including remodeled interiors

    Chelsea Ross Coldwell Banker Group One Realty

    1411 Griffin St Unit 1413 GRIFFIN STREET, Monroe, LA 71203
  • 61 W Elmwood Dr, Monroe, LA 71203
    61 W Elmwood Dr, Monroe, LA 71203
    61 W Elmwood Dr, Monroe, LA 71203
    /22

    $180,000

    • 6 Beds
    • 4 Baths

    61 W Elmwood Dr, Monroe, LA 71203

    Income-producing triplex located at 61 W Elmwood Dr in Monroe! This property features three rental units with a strong rental history and approximately $2,000 in monthly gross income. Unit A offers 2 bedrooms and 1 bath currently rented for $650/month with lease in place through 4/30/2026 . Unit B includes 2 bedrooms and 1.5 baths rented for $650/month (month-to-month). Unit C offers 2 bedrooms

    Dawn Bailey Coldwell Banker Group One Realty

    61 W Elmwood Dr, Monroe, LA 71203
  • 314 Tennessee St Unit 5, Monroe, LA 71203
    314 Tennessee St Unit 5, Monroe, LA 71203
    314 Tennessee St Unit 5, Monroe, LA 71203
    /24

    $255,000

    • 6 Beds
    • 4 Baths
    • 2,250 Sq Ft

    314 Tennessee St Unit 5, Monroe, LA 71203

    Excellent income-producing property featuring a fourplex plus an additional mobile home on a separate lot, creating a total of five rental units. The fourplex rents for $600 per unit and the mobile home rents for $675 per month, generating approximately $3,075 in total monthly income ($36,900 annually). This property has historically maintained strong occupancy and has been a reliable investment.

    Scott Leo Cypress State Realty

    314 Tennessee St Unit 5, Monroe, LA 71203
  • 1702 Grammont St, Monroe, LA 71201
    1702 Grammont St, Monroe, LA 71201
    1702 Grammont St, Monroe, LA 71201
    /13

    $745,000

    • 8 Beds
    • 4 Baths

    1702 Grammont St, Monroe, LA 71201

    Welcome to 1702 Grammont St in Monroe, a professionally managed, fully occupied duplex portfolio built in 2021 offering 10 total units across five identical 2-bedroom, 1-bath duplexes, each with 720 heated square feet per unit and 1,440 total per structure. This income-producing property features consistent rental performance with a reported gross income of $83,803 and net income of $59,664,

    Chelsea Ross Coldwell Banker Group One Realty

    1702 Grammont St, Monroe, LA 71201
  • 303 Woodale Dr, Monroe, LA 71203
    303 Woodale Dr, Monroe, LA 71203
    303 Woodale Dr, Monroe, LA 71203
    /11

    $235,000

    • 8 Beds
    • 8 Baths
    • 4,146 Sq Ft

    303 Woodale Dr, Monroe, LA 71203

    Welcome to 303 Woodale Dr in Monroe, a fourplex investment opportunity offering four 2-bedroom, 2-bath units with ~1,035 heated square feet per unit. This professionally managed porperty is situated on approximately 0.24 acres, this income-producing property features consistent rental performance with current monthly rents ranging from $805 to $850 across all units. Reported gross income is

    Chelsea Ross Coldwell Banker Group One Realty

    303 Woodale Dr, Monroe, LA 71203
  • 107 Peach St, Monroe, LA 71202
    107 Peach St, Monroe, LA 71202
    107 Peach St, Monroe, LA 71202
    /10

    $40,000

    • 4 Beds
    • 2 Baths
    • 1,906 Sq Ft

    107 Peach St, Monroe, LA 71202

    Check out this set of 2 bedroom/ 1 bath duplexes in Monroe! This property has a lot of potential and could be a great investment property. Schedule your private showing to view it today!

    Shane Wooten Keller Williams Parishwide Partners

    107 Peach St, Monroe, LA 71202
  • 1202 N Mcguire Ave, Monroe, LA 71203
    1202 N Mcguire Ave, Monroe, LA 71203
    1202 N Mcguire Ave, Monroe, LA 71203
    /14

    $145,000

    • 4 Beds
    • 2 Baths
    • 1,757 Sq Ft

    1202 N Mcguire Ave, Monroe, LA 71203

    Location, Location, Location! This duplex is a great investment opportunity located near the ULM area. Currently used as an income-producing property, it offers flexibility for a new owner to continue renting both units or live in one side while renting the other. Each unit features 2 bedrooms and 1 bathroom, along with washer and dryer hookups. The property has seen several updates over the past

    Sandy & Kevin Whitlock eXp Realty, LLC

    1202 N Mcguire Ave, Monroe, LA 71203
  • 5602 Desiard St, Monroe, LA 71203
    5602 Desiard St, Monroe, LA 71203
    /2

    $4,300,000

    • Studio

    5602 Desiard St, Monroe, LA 71203

    Aurora Mobile Home Park. This property has 67 park owned trailers. There are a percentage of properties that are Section 8 rentals. Rents range from $600 to $800. Monthly income is $43,000. This park has Metron Water Meters that allow the water bills to be billed directly to the tenants. The Metron equipment will remain and transfer with the sale of the property.

    Jason Poland Delta South Realty, LLC

    5602 Desiard St, Monroe, LA 71203
  • 5310 Desiard St, Monroe, LA 71203
    5310 Desiard St, Monroe, LA 71203
    5310 Desiard St, Monroe, LA 71203
    /3

    $2,600,000

    • Studio

    5310 Desiard St, Monroe, LA 71203

    This property has 36 park owned trailers. There are a percentage of properties that are Section 8 rentals. Rents range from $600 to $800. Monthly income is $25,000. This park has Metron Water Meters that allow the water bills to be billed directly to the tenants. The Metron equipment will remain and transfer with the sale of the property. **There is an adjacent 2.5-acre commercial lot with

    Jason Poland Delta South Realty, LLC

    5310 Desiard St, Monroe, LA 71203
  • 607 Benjamin St, Monroe, LA 71202
    607 Benjamin St, Monroe, LA 71202
    607 Benjamin St, Monroe, LA 71202
    /10

    $69,900

    • 6 Beds
    • 2 Baths
    • 1,890 Sq Ft

    607 Benjamin St, Monroe, LA 71202

    Income producing property in great location. Both sides of duplex are 3BR/1BA and rent for $600/month. Separate utilities on each side. New roof in 2023. Call today!

    Mark Sisk Re/Max Premier Realty

    607 Benjamin St, Monroe, LA 71202
  • 2812 Gordon Ave Unit 1008 S 5th, 1500 s 1, Monroe, LA 71202
    2812 Gordon Ave Unit 1008 S 5th, 1500 s 1, Monroe, LA 71202
    2812 Gordon Ave Unit 1008 S 5th, 1500 s 1, Monroe, LA 71202
    /5

    $261,900

    • Studio

    2812 Gordon Ave Unit 1008 S 5th, 1500 s 1, Monroe, LA 71202

    Great Deal for Investors!!! 7 properties. Income producing. 1008 S 5th- 1500 s 10th-2401 Gordon- 2605 Gordon-2807 Georgia-2812 Gordon-2905 Gordon All measurements are approximate. Properties to be sold "as-is/where-is". For all showings, contact Julie Hansen 318-355-7301. Please do not disturb the tenants. Fully occupied monthly income of $4028. All Property Pictures will be added this week!

    Julie Hansen DB Real Estate

    2812 Gordon Ave Unit 1008 S 5th, 1500 s 1, Monroe, LA 71202
  • 1411 S 9th St Unit 4004 Lee Court, 1513, Monroe, LA 71202
    1411 S 9th St Unit 4004 Lee Court, 1513, Monroe, LA 71202
    1411 S 9th St Unit 4004 Lee Court, 1513, Monroe, LA 71202
    /5

    $291,900

    • Studio

    1411 S 9th St Unit 4004 Lee Court, 1513, Monroe, LA 71202

    Great Deal for Investors!!! 7properties. Income producing. 1411 S 9th-4004 lee Court-1513 Breard St.-1612 S 5th-1911 Flynn-3903 Polk -3604 Dick Taylor All measurements are approximate. Properties to be sold "as-is/where-is". For all showings, contact Julie Hansen 318-355-7301. Please do not disturb the tenants. Fully occupied monthly income of $4605. All Property Pictures to be uploaded this week!

    Julie Hansen DB Real Estate

    1411 S 9th St Unit 4004 Lee Court, 1513, Monroe, LA 71202
  • 706 S 7th St Unit 1625 S 6th, 715 brya, Monroe, LA 71202
    706 S 7th St Unit 1625 S 6th, 715 brya, Monroe, LA 71202
    706 S 7th St Unit 1625 S 6th, 715 brya, Monroe, LA 71202
    /5

    $373,900

    • Studio

    706 S 7th St Unit 1625 S 6th, 715 brya, Monroe, LA 71202

    Great Deal for Investors!!! 8 properties/9 rental units. Income producing. 706 S 7th-715 Bryant-911 S 3rd-1101 S 2nd (1)-1101 s 2nd (1/2)-1608 S 6th-1625 S 6th-1701 S 6th-1709 S 6th All measurements are approximate. Properties to be sold "as-is/where-is". For all showings, contact Julie Hansen 318-355-7301. Please do not disturb the tenants. Fully occupied monthly income of $6000. All Property

    Julie Hansen DB Real Estate

    706 S 7th St Unit 1625 S 6th, 715 brya, Monroe, LA 71202
  • 807 S 9th St Unit 115 Vernon, 107 S 1s, Monroe, LA 71202
    807 S 9th St Unit 115 Vernon, 107 S 1s, Monroe, LA 71202
    807 S 9th St Unit 115 Vernon, 107 S 1s, Monroe, LA 71202
    /7

    $255,575

    • Studio

    807 S 9th St Unit 115 Vernon, 107 S 1s, Monroe, LA 71202

    Great Deal for Investors!!! 8 properties. Income producing. 107 S 1st- 115 Vernon- 117 Richmond- 122 Powells Alley-807 s 9th- 305 s 9th- 301 s. 9th- 902 Ouachita. All measurements are approximate. Properties to be sold "as-is/where-is". For all showings, contact Julie Hansen 318-355-7301. Please do not disturb the tenants. Fully occupied monthly income of $3875. Property Photos coming this week!

    Julie Hansen DB Real Estate

    807 S 9th St Unit 115 Vernon, 107 S 1s, Monroe, LA 71202
  • 2408 S Grand St Unit 2203 S Grand, 2706 L, Monroe, LA 71202
    2408 S Grand St Unit 2203 S Grand, 2706 L, Monroe, LA 71202
    2408 S Grand St Unit 2203 S Grand, 2706 L, Monroe, LA 71202
    /5

    $229,000

    • Studio

    2408 S Grand St Unit 2203 S Grand, 2706 L, Monroe, LA 71202

    Great Deal for Investors!!! 5 properties/7 rental units. Income producing. 2408 S Grand-2203 S grand A-2203 S grand B-2703 lee -2709 Lee A-2709 Lee B-3413 Halsell All measurements are approximate. Properties to be sold "as-is/where-is". For all showings, contact Julie Hansen 318-355-7301. Please do not disturb the tenants. Fully occupied monthly income of $3450. All Property Pictures to be

    Julie Hansen DB Real Estate

    2408 S Grand St Unit 2203 S Grand, 2706 L, Monroe, LA 71202
  • 59 Charmingdale Dr N Unit 74 charmingdale, 330, Monroe, LA 71202
    59 Charmingdale Dr N Unit 74 charmingdale, 330, Monroe, LA 71202
    59 Charmingdale Dr N Unit 74 charmingdale, 330, Monroe, LA 71202
    /3

    $199,000

    • Studio

    59 Charmingdale Dr N Unit 74 charmingdale, 330, Monroe, LA 71202

    Great Deal For Investors!!! 5 properties. Income producing. 59 Charmingdale-74 Charmingdale-3309 Polk-3401 Polk-3107 Jackson. All measurements are approximate. Properties to be sold "as-is/where-is". For all showings, contact Julie Hansen 318-355-7301. Please do not disturb the tenants. Fully occupied monthly income of $2940.

    Julie Hansen DB Real Estate

    59 Charmingdale Dr N Unit 74 charmingdale, 330, Monroe, LA 71202
  • 308 Woodale Dr Unit 2, Monroe, LA 71203
    308 Woodale Dr Unit 2, Monroe, LA 71203
    308 Woodale Dr Unit 2, Monroe, LA 71203
    /29

    $350,000

    • 5 Beds
    • 6 Baths
    • 3,200 Sq Ft

    308 Woodale Dr Unit 2, Monroe, LA 71203

    Presenting the exceptional investment opportunity! This property comprises two duplexes side by side, totaling four units, all recently constructed. The units at 310 Woodale Apartments 1, 2, and 3 offer comfortable 2-bedroom/1.5-bathroom layouts, while 310 Woodale Apartment 4 presents a cozy 1-bedroom/1.5-bathroom configuration. Currently, all units boast full occupancy, ensuring immediate

    Lisa Govan Lisa Govan Realty

    308 Woodale Dr Unit 2, Monroe, LA 71203
  • 3204 Cameron St, Monroe, LA 71201
    3204 Cameron St, Monroe, LA 71201
    /2

    $190,000

    • 4 Beds
    • 2 Baths
    • 2,033 Sq Ft

    3204 Cameron St, Monroe, LA 71201

    Investment property current tenants in each unit.

    Tameka Brown Coldwell Banker Group One Realty

    3204 Cameron St, Monroe, LA 71201
  • 3902 Harrison St Unit ST 1/2, Monroe, LA 71203
    3902 Harrison St Unit ST 1/2, Monroe, LA 71203
    /2

    $78,000

    • Studio

    3902 Harrison St Unit ST 1/2, Monroe, LA 71203

    Great investment opportunity! This residential income property offers strong rental potential and consistent cash flow with both spaces currently occupied (4/1/2026). Well-maintained and ideally suited for both seasoned investors and those looking to expand their portfolio. Property is being sold as part of a package deal—please inquire for full details on included properties.

    DJ Fortenberry Harrison Lilly

    3902 Harrison St Unit ST 1/2, Monroe, LA 71203
  • 1000 S First St, Monroe, LA 71202
    1000 S First St, Monroe, LA 71202
    /2

    $75,000

    • Studio

    1000 S First St, Monroe, LA 71202

    Great investment opportunity! This residential income property offers strong rental potential and consistent cash flow. Well-maintained and ideally suited for both seasoned investors and those looking to expand their portfolio. Property is being sold as part of a package deal—please inquire for full details on included properties.

    DJ Fortenberry Harrison Lilly

    1000 S First St, Monroe, LA 71202
Louisiana Ouachita County Monroe

Multi-Family Homes & Duplexes for Sale in Monroe, LA

Why Live in Monroe

Monroe's rich outdoor scene centers around the Black Bayou Lake National Wildlife Refuge, where residents enjoy hiking, fishing, and kayaking amid native wildlife. The Louisiana Purchase Gardens and Zoo provides family entertainment with boat tours along Bayou Desiard, while the Biedenharn Museum & Gardens combines Coca-Cola history with beautiful gardens. Cultural attractions include the Masur Museum of Art and the Chennault Aviation & Military Museum. The dining scene features upscale Southern cuisine at Restaurant Cotton and Parish Restaurant & Bar, alongside waterfront dining at Warehouse No. 1 Restaurant and Trapp's Cajun & Seafood.

The housing market in Monroe includes diverse options across several neighborhoods. The median single family home price is $241,800, while townhomes have a median price of $165,000 and two bedroom condos typically sell for $135,000. North Monroe commands the highest prices with a median single family home price of $305,000, while the Garden District presents more moderate options at $186,800. The Southside Riverfront area features the most affordable single family homes with a median price of $41,500.

Monroe's cost of living sits 10.5% below the national average. A family with school age children needs approximately $94,000 annually to live comfortably, while renters require about $46,000. The combined sales tax rate is 10.12%, including a 5% state rate and 5.12% local rate. Monthly grocery costs average $1,500 for families and $700 for renters. Housing expenses run about $1,800 monthly for families and $1,300 for renters. The public school system includes highly rated West Monroe High School and Sterlington High School, both achieving A ratings. The University of Louisiana at Monroe serves as a major educational institution and employer, alongside other significant employers like Lumen Technologies and St. Francis Medical Center.

Learn more about living in Monroe

Home Trends in Monroe, LA

On average, homes in Monroe, LA sell after 71 days on the market compared to the national average of 55 days. The median sale price for homes in Monroe, LA over the last 12 months is $212,000, down 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$212,000
Median Single Family Sale Price
$219,700
Median Townhouse Sale Price
$164,000
Median 2 Bedroom Sale Price
$163,000
Average Price Per Sq Ft
$93
Number of Homes for Sale
135
Last 12 months Home Sales
361
Months of Supply
4.50
Median List Price
$227,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-8%

Popular Home Searches in Monroe, LA

Monroe offers affordable homes, Southern architecture, and access to the Ouachita River.

How to Buy a Home How to Finance a Home How to Sell a Home

In Monroe, there are currently 22 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $40,000 to $4,300,000, there's a range to accomodate every budget. As of April, 2026 the median home price in Monroe is $227,900, while the average sale price is $275,601, offering insights into the local housing market. On average, multi-family homes spend 71 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Monroe, LA.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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