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

$24,500 Zestimate^®

$--/sqft

$597 Estimated rent

Home value

$24,500

$19,000 - $32,000

$597/mo

Zestimate^® history

Owner options

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$597/mo

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$597/mo

Rent Zestimate^®

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What's special

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.

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 sqft
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 & neighborhood

Location

Region: Alexandria

Other

Other facts

Listing agreement: Exclusive Right To Sell

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