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420 Pargoud Drive

Monroe, LA 71202
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Investment Opportunity: 8 ~Home Rental Portfolio in Monroe and 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 re turns. • 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...

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Detail Ic Property Details

Property Type : Residential Income

Price : $490,000

AD Id : 77072137

MLS Id : 215446

Year Built : --

County : OUACHITA

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Feature Features

  • Roofing Information

    Other
  • Interior Features

    Other Roof: Other Appliances: Other, Electric Water Heater Laundry Features: In Unit
  • Heating & Cooling

    Has Heating: Yes Heating: Other Has Cooling: Yes Cooling: Central Air, Gas, Electric

  • Building Information

    Construction Materials: Other Patio And Porch Features: None Private Pool: No

  • Property Information

    Subdivision: OTHER Source Property Type: Residential Income Property SubType: Single Family Residence

  • Listing Price Information

    Listing Price: $490000

  • Tax Information

    Parcel Number: Multiple

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
102 Burney Drive, Monroe, LA, 71202 $280,000 4 2 2,063 2,063 SqFt
302 Cotton Trace, Monroe, LA, 71202 $417,000 4 3 2,249 2,249 SqFt
2502 Burg Jones Lane, Monroe, LA, 71202 $70,000 2 1 1,342 1,342 SqFt
206 Keeble Drive, Monroe, LA, 71202 $310,000 5 3 4,021 4,021 SqFt
1513 S 10th Street, Monroe, LA, 71202 $65,000 4 -- --
1500 S 10th Street, Monroe, LA, 71202 $46,000 3 -- --
1411 S 9th Street, Monroe, LA, 71202 $65,000 3 -- --
1608 S 6th Street, Monroe, LA, 71202 $46,000 2 -- --
209 Marx Street, Monroe, LA, 71202 $85,000 4 1 1,250 1,250 SqFt
1702 S 3rd Street, Monroe, LA, 71202 $21,000 -- -- --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Northeast REALTORS® of Louisiana. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Northeast REALTORS® of Louisiana. All rights reserved.

ByOwner last updated this listing 06/05/2026 @ 11:51

MLS: 215446 LISTED BY: Dustin James, Keller Williams Parishwide Partners SOURCE: Northeast Louisiana Association of REALTORS

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