Active
Sale
Investment

1702 Grammont St

1702 Grammont St, Monroe, LA 71201

For Sale

$745,000

$517.36/SF

Cap Rate
8.01%%
Building Size
1,440 SF
Lot Size
1 ac
Parish
Ouachita
Days on Market
237
Listed
02/05/2026
Updated
03/17/2026
1702 Grammont St
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Overview

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, supported by a detailed rent roll with current monthly rents ranging from $695 to $755 across all units. Interior layouts include a practical living area leading into an efficient kitchen, two bedrooms, and one full bath per unit. Each duplex provides a uniform floor plan for streamlined management and leasing. Exterior grounds offer straightforward maintenance and on-site parking. Showings are available after an accepted offer. Priced at $775,000, this Monroe investment opportunity delivers modern construction, full occupancy, and strong income stability-schedule your inquiry today.

Additional Information

City
Monroe
State
LA
Zip Code
71201
Zoning
R-4
Zoning Desc.
High Density Residential
Gross Income
$83,803
NOI
$59,664
Total Expenses
$24,139
Parcel APN
24412
Listing ID
ef822ba3

Parcel & Location