Great investment opportunity in Monroe! This 2-bedroom, 2-bath brick home sits on a slab foundation and features central air and heat along with spacious rooms and a comfortable layout. The property offers a nice yard and a large backyard, providing plenty of outdoor space. Currently tenant-occupied with a long-term tenant paying $1,199 per month, this property delivers consistent rental income. Conveniently located in close proximity to ULM, it sits in a desirable rental area with strong demand. With a history of stable occupancy and minimal turnover, this home would make an excellent addition to any investor’s portfolio seeking reliable, long-term cash flow. A solid property in good condition with a proven track record as a profitable rental.
Sold
Price Unknown
3706 Grant St, Monroe, LA 71203
2beds
--baths
1,433sqft
Single Family Residence, Multi Family
Built in ----
-- sqft lot
$131,400 Zestimate®
$--/sqft
$1,171 Estimated rent
Home value
$131,400
$125,000 - $138,000
$1,171/mo
Zestimate® history
Owner options
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$1,171/mo
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$1,171/mo
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List your homeWhat's special
Nice yardLarge backyardCentral air and heatComfortable layoutSpacious rooms
Zillow last checked:
Listing updated:
Listed by:
Scott Leo,
Cypress State Realty
Bought with:
Scott Leo
Cypress State Realty
Source: NELAR,MLS#: 218447
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Refrigerator, Electric Range, Electric Water Heater
- Laundry: In Unit
Features
- Other
- Number of fireplaces: 1
- Fireplace features: One
Interior area
- Total structure area: 1,433
- Total interior livable area: 1,433 sqft
Property
Parking
- Parking features: Hard Surface Drive
- Has uncovered spaces: Yes
Features
- Patio & porch: Open Patio
Details
- Parcel number: 57975
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Single Family Residence, Multi Family
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Architectural Style
Utilities & green energy
- Electric: Separate Meters, Electric Company: Entergy
- Gas: Available, Gas Company: Atmos
- Sewer: Public Sewer
- Water: Public, Electric Company: Other
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Subdivision: Crescent Bend
Location
- Region: Monroe
Financial & listing details
- Tax assessed value: $86,889
- Annual tax amount: $943
- Date on market: 3/11/2026
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Sold | -- |
Source:  NELAR #218447 Report a problem | ||
| 3/14/2026 | Pending sale | $135,000$94/sqft |
Source: NELAR #218447 Report a problem | ||
| 3/11/2026 | Listed for sale | $135,000$94/sqft |
Source: NELAR #218447 Report a problem | ||
| 12/11/2023 | Sold | -- |
Source: NELAR #208213 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/29/2019 | Listing removed | $999$1/sqft |
Source: Owner Report a problem | ||
| 8/16/2019 | Listed for rent | $999$1/sqft |
Source: Owner Report a problem | ||
| 11/9/2018 | Listing removed | $999$1/sqft |
Source: Owner Report a problem | ||
| 10/22/2018 | Listed for rent | $999$1/sqft |
Source: Owner Report a problem | ||
| 10/4/2013 | Sold | -- |
Source: Public Record Report a problem | ||
| 10/9/2007 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $943 -0.1% | $8,689 |
| 2024 | $944 +2.2% | $8,689 +3.2% |
| 2023 | $923 +3.6% | $8,420 |
| 2022 | $891 +0.2% | $8,420 |
| 2021 | $889 | $8,420 |
| 2020 | $889 +0.6% | $8,420 |
| 2019 | $883 +62.9% | $8,420 +63.2% |
| 2018 | $542 -5.1% | $5,160 |
| 2017 | $571 +0% | $5,160 |
| 2016 | $571 +0.3% | $5,160 |
| 2015 | $569 | $5,160 |
| 2014 | $569 +0.3% | $5,160 |
| 2013 | $568 +305.3% | $5,160 |
| 2012 | $140 | $5,160 |
| 2011 | $140 | $5,160 |
| 2010 | -- | $5,160 |
Find assessor info on the county website
Neighborhood: University Area
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Nearby schools
GreatSchools rating
- 5/10Cypress Point Elementary SchoolGrades: PK-6Distance: 2.2 mi
- 5/10Robert E. Lee Junior High SchoolGrades: 7-8Distance: 2.3 mi
- 7/10Neville High SchoolGrades: 9-12Distance: 3.2 mi
Sell for more on Zillow
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$131,400
2% more
+$2,628
With Zillow Showcase(estimated)
$134,028
- Louisiana
- Ouachita Parish
- Monroe
- 71203
- University Area
- 3706 Grant St
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