For sale

$235,000

3712 Rapides St, Monroe, LA 71203

3beds

--baths

2,400sqft

$1,529/mo

Get pre-qualified

Single Family Residence, Multi Family

Built in 1951

-- sqft lot

$215,000 Zestimate^®

$98/sqft

$-- HOA

What's special

Waterfront property

Excellent investment opportunity in a highly desirable location! This waterfront property is currently leased to the Oxford Foundation for $1,850 per month, providing dependable long-term rental income. If you are looking for a strong-performing rental property with consistent cash flow in a great area, this property is a must-see. The home is located in a very desirable part of Monroe and offers an attractive setting for both tenants and investors alike. This property may also be purchased as part of a larger investment package with additional Monroe and West Monroe properties available. Strong rental history, excellent location, and dependable income make this a great addition to any investment portfolio.

85 days

176

9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3

Heating

Electric, Central

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Refrigerator, Gas Range
Laundry: None

Features

Ceiling Fan(s), Walk-In Closet(s)
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,400
Total interior livable area: 2,400 sqft

Property

Features

Patio & porch: Porch Open

Details

Parcel number: 53294

Construction

Type & style

Home type: MultiFamily
Property subtype: Single Family Residence, Multi Family

Materials

Frame
Foundation: Slab
Roof: Asphalt Shingle

Condition

Year built: 1951

Utilities & green energy

Electric: Separate Meters, Electric Company: Other, None
Gas: Other, Gas Company: Other
Sewer: Public Sewer
Water: Public, Other, Electric Company: City, None

Community & HOA

Community

Subdivision: Crescent Bend

Location

Region: Monroe

Financial & listing details

Price per square foot: $98/sqft
Tax assessed value: $136,780
Annual tax amount: $1,485
Date on market: 5/26/2026
Total actual rent: 1850

Estimated market value

$215,000

$204,000 - $226,000

$1,154/mo

Price history

Date	Event	Price
5/26/2026	Listed for sale	$235,000-6%$98/sqft
Source: NELAR #219523 Report a problem
12/11/2023	Sold	--
Source: NELAR #208202 Report a problem
11/5/2020	Listing removed	$249,900$104/sqft
Source: Coldwell Banker Group One Real #195177 Report a problem
10/29/2020	Listed for sale	$249,900$104/sqft
Source: Coldwell Banker Group One Real #195177 Report a problem
11/8/2019	Listing removed	$1,795$1/sqft
Source: Owner Report a problem
8/16/2019	Listed for rent	$1,795$1/sqft
Source: Owner Report a problem
4/29/2019	Listing removed	$1,795$1/sqft
Source: Owner Report a problem
10/22/2018	Listed for rent	$1,795$1/sqft
Source: Owner Report a problem
6/1/2006	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,485 -0.1%	$13,678
2024	$1,486 +1.9%	$13,678 +2.9%
2023	$1,458 +3.6%	$13,295
2022	$1,407 +0.2%	$13,295
2021	$1,403	$13,295
2020	$1,403 +0.6%	$13,295
2019	$1,395 -12.7%	$13,295 -12.5%
2018	$1,597 -5.1%	$15,200
2017	$1,683 +0%	$15,200
2016	$1,682 +0.3%	$15,200
2015	$1,677	$15,200
2014	$1,677 +0.3%	$15,200
2013	$1,673 +3%	$15,200
2012	$1,624 -6.1%	$15,200
2011	$1,731 +30.3%	$15,200
2010	$1,328	$15,200