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!!!!!
For sale
$154,000
407 Sheridan Ave, Monroe, LA 71201
3beds
--baths
--sqft
Duplex, Multi Family
Built in 1959
-- sqft lot
$142,800 Zestimate®
$--/sqft
$-- HOA
What's special
Clean front yardFreshly painted cool neutralsSpacious bedroomsNice kitchen spaces
- 77 days |
- 316 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Hope Stapleton,
John Rea Realty
Source: NELAR,MLS#: 219113
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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
$142,800
$136,000 - $150,000
$1,248/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Listed for sale | $154,000 |
Source: | ||
| 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 | $2,950 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 4/10Carver Elementary SchoolGrades: PK-6Distance: 2.1 mi
- 2/10Carroll Junior High SchoolGrades: 7-8Distance: 0.8 mi
- 2/10Carroll High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Louisiana
- Ouachita Parish
- Monroe
- 71201
- Midtown
- 407 Sheridan Ave






