Skip main navigation
For sale
  • $47,000

    503 Plum St, Monroe, LA 71202

    3beds
    --baths
    1,196sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence, Multi Family
    Built in 1929
    -- sqft lot
    $-- Zestimate®
    $39/sqft
    $-- HOA

    What's special

    Well-maintained frame constructionWelcoming covered front porchCentral heat and airCrawl space foundation
    Investor Opportunity in Downtown Monroe! Calling all investors! This 3-bedroom, 1-bath bungalow in the heart of Downtown Monroe offers an excellent opportunity to add a cash-flowing property to your portfolio. With just under 1,200 heated square feet, central heat and air, and a well-maintained frame construction with crawl space foundation, this home provides solid investment potential. A long-term tenant is already in place and would like to remain, providing immediate rental income of $600 per month. The home also features a welcoming covered front porch, adding to its charm and tenant appeal. Conveniently located near shopping, dining, schools, and major roadways, this property offers easy access to everything Monroe has to offer. Bonus Opportunity: Seller also has two additional investment properties available that may be purchased as a package, creating the potential for a larger income-producing portfolio. Don't miss your chance to secure an affordable investment property with existing income and room to grow! Call today for details on this property and the package opportunity
    9 days
    |
    234
    |
    16
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Shelly Witherington,

    Vanguard Realty,

    Bo Witherington,

    Vanguard Realty

    Source: NELAR,MLS#: 219840MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      Heating
      • Central
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Gas Water Heater
      • Laundry: In Unit, Washer/Dryer Connect
      Features
      • Ceiling Fan(s)
      • Basement: Crawl Space
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,196
      • Total interior livable area: 1,196 sqft

      Property

      Parking
      • Parking features: Hard Surface Drive
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Porch Covered
      Lot
      • Size: 5,227 Square Feet
      Details
      • Parcel number: 75272

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Single Family Residence, Multi Family
      Materials
      • Frame, Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1929

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Ouachita Cotton
      Location
      • Region: Monroe

      Financial & listing details

      • Price per square foot: $39/sqft
      • Tax assessed value: $14,071
      • Annual tax amount: $153
      • Date on market: 6/23/2026
      • Total actual rent: 600

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $907/mo

        Price history

        DateEventPrice
        6/23/2026Listed for sale$47,000$39/sqft
        Source: NELAR #219840 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$153 -0.1%$1,408
        2024$153 -0.9%$1,408
        2023$154 +3.6%$1,408
        2022$149 +0.2%$1,408
        2021$149 $1,408
        2020$149 -1.6%$1,408 -2.2%
        2019$151 -0.1%$1,440
        2018$151 -5.1%$1,440
        2017$159 +0%$1,440
        2016$159 +0.3%$1,440
        2015$159 $1,440
        2014$159 +0.3%$1,440
        2013$158 +3%$1,440
        2012$154 -6.1%$1,440
        2011$164 +31.2%$1,440
        2010$125 $1,440

        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: 71202

        Getting around

        55 / 100
        Somewhat Walkable
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts