503 Plum Street, Monroe, LA 71202

Monroe
Local realty services provided by:Better Homes and Gardens Real Estate Veranda Realty
503 Plum Street,Monroe, LA 71202
$47,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: shelly witherington, bo witherington
Office: vanguard realty
MLS#:219840
Source:LA_NEBOR

Price summary

  • Price:$47,000

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...

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Home facts

  • Year built:1929
  • Subdivision & Development:OUACHITA COTTON
  • Listing ID #:219840
  • Added:50 day(s) ago
  • Updated:August 13, 2026 at 03:39 PM

Rooms and interior

  • Basement Description:Crawl Space

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1929
  • Lot area:0.12 Acres
  • Construction Materials:Frame, Vinyl Siding
  • Exterior Features:Porch Covered
  • Foundation Description:Crawl Space

Utilities

  • Water:Public
  • Sewer:Public

Finances and disclosures

  • Price:$47,000

Features and amenities

  • Laundry features:Washer/Dryer Connection
  • Amenities:Ceiling Fan(S), Natural Gas Water Heater

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