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503 Plum Street, 
Monroe, LA 71202

$47,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Shelly Witherington

Bo Witherington

Vanguard Realty

318-855-2925

Last updated:

June 30, 2026, 11:12 AM

MLS#

219840

Source:

LA NEBOR

About This Home

503 Plum Street

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

Home Facts

Multi-Family

Built in 1929

Price Summary

47,000

MLS #:

219840

Last Updated:

June 30, 2026, 11:12 AM

Added:

7 day(s) ago


Structure

Structure

Year Built:

1929


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$47,000

Source:LA NEBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.