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 $38,412 with a net income of $22,032. New roof installed in 2024. Each unit offers a functional layout with a comfortable living area, kitchen, two bedrooms, and two full bathrooms, providing an attractive floor plan for tenants. Exterior features include on-site parking and manageable grounds for ease of ownership. Showings available after an accepted offer. Video Walktrough is available. This Monroe fourplex presents a solid investment with steady income and strong rental demand.
163 days
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358
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36
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Zillow last checked:
Listing updated:
Listed by:
Chelsea Ross,
Coldwell Banker Group One Realty
Source: NELAR,MLS#: 217944
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Heating
Electric, Central
Cooling
Central Air, Electric
Appliances
Included: Dishwasher, Refrigerator, Electric Range, Electric Water Heater
Laundry: In Unit, Washer/Dryer Connect
Features
Has fireplace: No
Fireplace features: None
Interior area
Total structure area: 4,146
Total interior livable area: 4,146 sqft
Property
Features
Patio & porch: None
Lot
Size: 10,454 Square Feet
Details
Parcel number: 65899
Zoning: (CI) Comm.
Zoning description: (CI) Comm.
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex, Multi Family
Materials
Frame
Foundation: Slab
Roof: Asphalt Shingle
Utilities & green energy
Electric: Separate Meters, Electric Company: Entergy
Gas: None, Gas Company: None
Sewer: Public Sewer
Water: Public, Electric Company: Town & Country
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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