420 Pargoud Drive, Monroe, LA 71202
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
420 Pargoud Drive,Monroe, LA 71202
$490,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: dustin james
Office: keller williams parishwide partners
MLS#:215446
Source:LA_NEBOR
Price summary
- Price:$490,000
About this home
Investment Opportunity: 8 -Home Rental Portfolio in Monroe & West Monroe, Louisiana Discover an exceptional opportunity to acquire a package of 7 single-family homes strategically located in Monroe and West Monroe. This portfolio is a rare find, offering a balanced mix of stable, long-term rental income and potential for value appreciation. Highlights: • Turnkey Income Stream: Most properties are rented to long-term tenants, providing consistent cash flow. • Prime Locations: Homes are situated in desirable neighborhoods across Monroe and West Monroe, appealing to tenants seeking convenience and quality of life. • Diverse Property Mix: Each property offers unique layouts, catering to a variety of tenant needs. • Growth Potential: Opportunities to increase rents or renovate for higher returns. • Strong Market: Monroe and West Monroe boast a robust rental market, supported by local industries, universities, and a growing population. This portfolio is ideal for investors seeking a scalable entry into real estate or those looking to expand an existing rental business. Don’t miss this chance to secure a high-performing asset in one of Louisiana’s most stable markets. Call today for financial details and to schedule a private consultation....
Contact an agent
Home facts
- Subdivision & Development:OTHER
- Listing ID #:215446
- Added:386 day(s) ago
- Updated:July 30, 2026 at 04:04 PM
Heating and cooling
- Cooling:Central Air, Electric, Gas
Utilities
- Water:Public
- Sewer:Public
Finances and disclosures
- Price:$490,000
Features and amenities
- Amenities:Electric Water Heater
New listings near 420 Pargoud Drive
- New
$165,000Active11.25 Acres304 Collinwood Drive, Monroe, LA 71203
MLS# 220319Listed by: HARRISON LILLY - New
$242,000Active3 beds 2 baths1,512 sq. ft.1907 Sherwood Avenue, Monroe, LA 71201
MLS# 220321Listed by: JOHN REA REALTY - New
$240,000Active4 beds 3 baths2,812 sq. ft.109 Margaret Drive, Monroe, LA 71203-0000
MLS# 220323Listed by: ANGELIQUE REALTY - New
$1,270,000Active4 beds 5 baths5,551 sq. ft.499 Lonewa Road, Monroe, LA 71203
MLS# 220314Listed by: JOHN REA REALTY - New
$170,000Active4 beds 2 baths1,391 sq. ft.710 Matthew Street, Monroe, LA 71201
MLS# 220306Listed by: HARRISON LILLY - New
$95,000Active3 beds 2 baths1,636 sq. ft.23 Melanie Drive, Monroe, LA 71203
MLS# 220297Listed by: KELLER WILLIAMS PARISHWIDE PARTNERS - New
$245,000Active3 beds 2 baths2,095 sq. ft.1114 5th Street, Monroe, LA 71201
MLS# 220296Listed by: LISA GOVAN REALTY - New
$2,300,000Active4 beds 5 baths5,431 sq. ft.940 Lonewa Road, Monroe, LA 71203
MLS# 220295Listed by: KELLER WILLIAMS PARISHWIDE PARTNERS - New
$995,000Active1.4 Acres4215 Sterlington Road, Monroe, LA 71203
MLS# 220291Listed by: TRI STATE PROPERTIES, LLC - New
$194,085Active3 beds 2 baths2,214 sq. ft.700 Hilton Street, Monroe, LA 71201
MLS# 220290Listed by: JOHN REA REALTY
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2026 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.