For sale

$154,000

407 Sheridan Ave, Monroe, LA 71201

3beds

--baths

--sqft

$1,043/mo

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Duplex, Multi Family

Built in 1959

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Clean front yardFreshly painted cool neutralsSpacious bedroomsNice kitchen spaces

This duplex sits in the middle of town, right by the college—an excellent location for steady rental demand. A great opportunity for investors, this property features two units: one 1-bedroom, 1-bath and one 2-bedroom, 1-bath. Unit A has been freshly painted cool neutrals to have a more modern appearance. Both units offer spacious bedrooms and comfortable living areas, along with nice kitchen spaces that tenants will appreciate. The property is well-kept with a clean front yard and a great spacious backyard. Perfect for investors looking to start or grow their portfolio with a solid, income-producing property. The duplex is only 3 minutes from ULM, 12 minutes from I-20, and only 35 minutes from META. Come see this hidden gem today!!

122 days

237

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3

Heating

Central

Cooling

Central Air

Appliances

Included: Electric Range, Electric Water Heater
Laundry: None

Features

Ceiling Fan(s)
Has fireplace: No
Fireplace features: None

Property

Parking

Total spaces: 4
Parking features: Hard Surface Drive
Uncovered spaces: 4

Features

Patio & porch: None

Lot

Size: 9,583 Square Feet

Details

Parcel number: 44533

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Vinyl Siding
Foundation: Slab
Roof: Asphalt Shingle

Condition

Year built: 1959

Utilities & green energy

Electric: Separate Meters, Electric Company: Entergy
Gas: Other, Gas Company: Other
Sewer: Public Sewer
Water: Public, Electric Company: City

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Breard Place

Location

Region: Monroe

Financial & listing details

Tax assessed value: $90,519
Annual tax amount: $983
Date on market: 4/24/2026
Total actual rent: 1300
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,190/mo

Price history

Date	Event	Price
8/6/2026	Listed for sale	$154,000
Source: NELAR #219113 Report a problem
7/22/2026	Pending sale	$154,000
Source: NELAR #219113 Report a problem
4/24/2026	Listed for sale	$154,000
Source: NELAR #219113 Report a problem
10/30/2012	Sold	--
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$983 -0.1%	$9,052
2024	$983 +23.7%	$9,052 +24.8%
2023	$795 +3.6%	$7,252
2022	$767 +0.2%	$7,252
2021	$765 +25.2%	$7,252 +25.2%
2020	$611 +0.6%	$5,791
2019	$607 -0.1%	$5,791
2018	$608 -5.1%	$5,791
2017	$641 +96.4%	$5,791 +96.3%
2016	$326 +0.3%	$2,950
2015	$326	$2,950
2014	$326 +0.3%	$2,950
2013	$325 +3%	$2,950
2012	$315 -6.1%	$2,950
2011	$336 +30.7%	$2,950
2010	$257	$2,950