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420 Pargoud Drive, 
Monroe, LA 71202

$490,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Dustin James

Keller Williams Parishwide Partners

318-812-7653

Last updated:

July 22, 2025, 03:10 PM

MLS#

215446

Source:

LA NEBOR

About This Home

420 Pargoud Drive

Investment Opportunity: 7-Home Rental Portfolio in Monroe & West Monroe, Louisiana Discover an exceptional opportunity to acquire a package of 7 single-family homes strategically located in Monroe and West Monroe. This portfolio is a rare find, offering a balanced mix of stable, long-term rental income and potential for value appreciation. Highlights: • Turnkey Income Stream: Most properties are rented to long-term tenants, providing consistent cash flow. • Prime Locations: Homes are situated in desirable neighborhoods across Monroe and West Monroe, appealing to tenants seeking convenience and quality of life. • Diverse Property Mix: Each property offers unique layouts, catering to a variety of tenant needs. • Growth Potential: Opportunities to increase rents or renovate for higher returns. • Strong Market: Monroe and West Monroe boast a robust rental market, supported by local industries, universities, and a growing population. This portfolio is ideal for investors seeking a scalable entry into real estate or those looking to expand an existing rental business. Don’t miss this chance to secure a high-performing asset in one of Louisiana’s most stable markets. Call today for financial details and to schedule a private consultation.

Home Facts

Multi-Family

Price Summary

490,000

MLS #:

215446

Last Updated:

July 22, 2025, 03:10 PM

Added:

13 day(s) ago


Finances & Disclosures

Finances

Price:

$490,000

Source:LA NEBOR
The information being provided by Northeast Louisiana Board of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Northeast Louisiana Board of Realtors All rights reserved.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.