Listing provided courtesy of Vanguard RealtyMLS# 219840MLS Provider
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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

Source: Northeast Louisiana MLS, MLS#: 219840

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  • Property Type
    Residential Income
  • Lot
    0.12 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 503 PLUM STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: Northeast Louisiana MLS Status Change
ACTIVE
6/23/2026Source: Northeast Louisiana MLS Added to Database
June 23, 2026