$480,000

403 DREW STREET, West Monroe, LA 71292

  • 12 beds
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.68acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

This property features six single-family homes, each offering 3 bedrooms, 1 bathroom, a kitchen, laundry area, and living room. Four of the homes have been remodeled and are currently tenant-occupied, producing an approximate monthly income of $3,400. The remaining two homes, 411 Drew and 413 Drew, have not been remodeled and are currently used for storage, providing the next owner with additional value-add potential.Whether you’re an experienced investor or looking to expand your portfolio, this property offers immediate income with future upside.

Listing Status:
Active
Date Added:
August 21, 2025 at 05:00AM
Listing Office:
Harrison Lilly :
Listing Agent:
Harrison Lilly : 318-732-6030
MLS ID:
216105
  • General: Other
  • Appliances: NoneElectric Water Heater
  • Laundry: In Unit
  • Basement: Crawl Space
  • A/C: Central Air
  • Heating: Electric
  • Fireplace: Fireplaces: 0

This listing courtesy of Harrison Lilly, Harrison Lilly

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Crosley Elementary School

700 Natchitoches St, West Monroe, LA, 71291

Grades PK-KG

0.57 miles away

W

West Monroe High School

201 Riggs St, West Monroe, LA, 71291

Grades 8-12

0.39 miles away

W

West Monroe High School

201 Riggs St, West Monroe, LA, 71291

Grades 8-12

0.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.