Multi-Family $ 235,000

303 WOODALE DRIVE

Monroe, LA 71203

  • 8 Beds
  • 10,454 Lot Size
  • - Year Built
Welcome to 303 Woodale Dr in Monroe, a fourplex investment opportunity offering four 2-bedroom, 2-bath units with ~1,035 heated square feet per unit. This professionally managed porperty is situated on approximately 0.24 acres, this income-producing property features consistent rental performance with current monthly rents ranging from $805 to $850 across all units. Reported gross income is $38,412 with a net income of $22,032. New roof installed in 2024. Each unit offers a functional layout with a comfortable living area, kitchen, two bedrooms, and two full bathrooms, providing an attractive floor plan for tenants. Exterior features include on-site parking and manageable grounds for ease of ownership. Showings available after an accepted offer. Video Walktrough is available. This Monroe fourplex presents a solid investment with steady income and strong rental demand.
Listed by Chelsea Ross of Coldwell Banker Group One Realty

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Quadruplex

    Listing Status Pending

    Purchase Type For Sale

    Subdivision Town & Country

    MLS Listing ID 217944

    Bedrooms 8

    Annual Tax Amount $1,560

    Lot Size 10,454 Sqft

    Acres 0.24

    Property Sub-Type Quadruplex

  • Location

    State LA

    County Ouachita

    Zoning (CI) Comm.

    Direction Heading North from 165 exit on Old Sterlington Rd, turn right on Magnolia Dr, turn left on Woodale Dr.

  • Building

    Foundation Slab

    Sewer Public Sewer

    Water Public, Electric Company: Town & Country

  • Interior

    Heating Electric, Central

    Cooling Central Air, Electric

    Fireplaces Type None

    Appliance Dishwasher, Refrigerator, Electric Range, Electric Water Heater

    Laundry In Unit, Washer/Dryer Connect

  • Exterior

    Utilities Available Natural Gas Not Available

    Roof Type Asphalt Shingle

    Private Pool false

  • Schools

    Elementary Schools Jack Hayes O

    Middle Schools Ouachita

    High Schools Ouachita O

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CONTACT

Chelsea Ross
Chelsea Ross

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