Investment Opportunity: Two Duplex Properties
This listing includes two well-maintained duplex properties offering strong rental income and upside potential.
48 Prospect Street features two 1-bedroom, 1-bathroom units, each rent at $550/month.
2816 Monroe Avenue (Units A & B) includes one 2-bedroom, 2-bathroom unit (Unit A) renting for $650/month, and one 1-bedroom, 1-bathroom unit (Unit B) renting for $550/month.
All four units have received updates, enhancing appeal for tenants and investors alike. These properties offer a balanced unit mix and are ideal for those seeking steady cash flow with room for value-add improvements.
Closed
Price Unknown
48 Prospect St, Alexandria, LA 71301
1beds
1,278sqft
Quadruplex, Multi Family, Multi Family, Single Family Residence
Built in 1950
-- sqft lot
$24,400 Zestimate®
$--/sqft
$858 Estimated rent
Home value
$24,400
$20,000 - $29,000
$858/mo
Zestimate® history
Owner options
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Zillow last checked:
Listing updated:
Listed by:
Genny Broussard,
Broussard & Associates
Bought with:
Erin Teutsch, 995709475
BERKSHIRE HATHAWAY HOME SERVICES-ALLY REAL ESTATE
Source: GCLRA,MLS#: 2496291Originating MLS: Greater Central Louisiana REALTORS Association
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Window Unit(s)
Interior area
- Total interior livable area: 1,278 sqft
Property
Parking
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,952 Square Feet
- Dimensions: 116 x 50
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 1010759800
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modular/Prefab
- Property subtype: Quadruplex, Multi Family, Multi Family, Single Family Residence
Materials
- Metal Siding
- Foundation: Raised
- Roof: Other
Condition
- Average Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Alexandria
Financial & listing details
- Tax assessed value: $15,000
- Annual tax amount: $135
- Date on market: 4/11/2025
- Listing agreement: Exclusive Right To Sell
- Tenant pays: Electricity, Water
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Sold | -- |
Source: GCLRA #2496291 Report a problem | ||
| 9/2/2025 | Contingent | $50,000$39/sqft |
Source: GCLRA #2496291 Report a problem | ||
| 6/26/2025 | Price change | $50,000-16.7%$39/sqft |
Source: GCLRA #2496291 Report a problem | ||
| 4/11/2025 | Listed for sale | $60,000+66.7%$47/sqft |
Source: GCLRA #2496291 Report a problem | ||
| 7/26/2023 | Sold | -- |
Source: Public Record Report a problem | ||
| 6/16/2022 | Sold | -- |
Source: GCLRA #165896 Report a problem | ||
| 5/20/2022 | Pending sale | $36,000$28/sqft |
Source: GCLRA #165896 Report a problem | ||
| 3/3/2022 | Listed for sale | $36,000$28/sqft |
Source: GCLRA #165896 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $135 -2% | $1,500 |
| 2024 | $138 -1% | $1,500 |
| 2023 | $139 -53.6% | $1,500 -53.1% |
| 2022 | $299 +21.5% | $3,200 |
| 2021 | $246 +0% | $3,200 |
| 2020 | $246 0% | $3,200 |
| 2019 | $246 -10% | $3,200 |
| 2018 | $274 -0.6% | $3,200 |
| 2017 | $275 -0.6% | $3,200 |
| 2016 | $277 -21.8% | $3,200 |
| 2015 | $354 -0.4% | $3,200 |
| 2014 | $356 +4.5% | $3,200 |
| 2013 | $340 +1.3% | $3,200 |
| 2012 | $336 +0.8% | $3,200 |
| 2011 | $333 | $3,200 |
| 2010 | $333 +24.9% | $3,200 |
| 2009 | $267 +1.3% | $3,200 |
| 2007 | $263 +1.2% | $3,200 |
| 2006 | $260 | $3,200 |
| 2005 | -- | $3,200 |
| 2004 | -- | $3,200 |
| 2002 | -- | $3,200 |
| 2001 | -- | $3,200 |
| 2000 | -- | $3,200 |
Find assessor info on the county website
Neighborhood: 71301
Nearby homes
- $36,000-- bd-- ba-- sqft48 Prospect St, Alexandria, LA 71301Off Market
- $--1 bd1 ba-- sqft48 Prospect St #B, Alexandria, LA 71301Off Market
- $--1 bd1 ba-- sqft48 Prospect St APT A, Alexandria, LA 71301Off Market
- $35,0003 bd1 ba954 sqft46 Prospect St, Alexandria, LA 71301Off Market
- $--2 bd1 ba1.2k sqft50 Prospect St, Alexandria, LA 71301Sold
- $4,0003 bd1 ba1.1k sqft44 Prospect St, Alexandria, LA 71301Off Market
- $9,000-- bd-- ba-- sqft61 Bertie St, Alexandria, LA 71301Off Market
- $29,0003 bd1 ba1.2k sqft59 Bertie St, Alexandria, LA 71301Off Market
Nearby schools
GreatSchools rating
- 5/10Rosenthal Montessori Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 4/10Alexandria Middle Magnet SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Bolton High SchoolGrades: 6-12Distance: 1.3 mi
Sell for more on Zillow
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$24,400
2% more
+$488
With Zillow Showcase(estimated)
$24,888
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$24,400
2% more
+$488
With Zillow Showcase(estimated)
$24,888
- Louisiana
- Rapides Parish
- Alexandria
- 71301
- 48 Prospect St
