For sale

$480,000

403 Drew St, West Monroe, LA 71291

12beds

--baths

--sqft

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Single Family Residence, Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

This property features six single-family homes, each offering 3 bedrooms, 1 bathroom, a kitchen, laundry area, and living room. Four of the homes have been remodeled and are currently tenant-occupied, producing an approximate monthly income of $3,400. The remaining two homes, 411 Drew and 413 Drew, have not been remodeled and are currently used for storage, providing the next owner with additional value-add potential.Whether you’re an experienced investor or looking to expand your portfolio, this property offers immediate income with future upside.

325 days

38

1

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12

Heating

Electric

Cooling

Central Air

Appliances

Included: None, Electric Water Heater
Laundry: In Unit

Features

Other
Basement: Crawl Space
Has fireplace: No
Fireplace features: None

Property

Parking

Parking features: Hard Surface Drive
Has uncovered spaces: Yes

Features

Patio & porch: Porch Covered

Lot

Size: 0.68 Acres

Details

Parcel number: 78874

Construction

Type & style

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

Materials

Other
Roof: Asphalt Shingle

Utilities & green energy

Electric: Separate Meters, Electric Company: Entergy
Gas: Available, Gas Company: Atmos
Sewer: Public Sewer
Water: Public, Electric Company: City
Utilities for property: Natural Gas Available

Community & HOA

Community

Subdivision: Other

Location

Region: West Monroe

Financial & listing details

Date on market: 8/21/2025
Total actual rent: 3400
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,040/mo

Price history

Date	Event	Price
8/21/2025	Listed for sale	$480,000+134.1%
Source: NELAR #216105 Report a problem
7/28/2023	Sold	--
Source: NELAR #205999 Report a problem
3/2/2011	Listing removed	$205,000
Source: Keller Williams - Monroe #147404 Report a problem
1/21/2011	Listed for sale	$205,000
Source: Keller Williams - Monroe #147404 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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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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