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1411 Griffin St 3,100 SF Specialty Building Offered at $257,136 CAD in Monroe, LA 71203
Investment Highlights
- Single offering with operational efficiency
- Established residential neighborhood
- Suitable for value-add or long-term hold strategy
- Located near downtown Monroe
- Small-batch multifamily investment opportunity
Executive Summary
Introducing 1411 & 1413 Griffin Street in Monroe featuring a duplex and triplex investment opportunity with five total units and recent
interior updates. 1411 Griffin Street includes a duplex configuration, while 1413 Griffin Street offers a triplex, providing a total of five
rental units with a mix of functional layouts. Select units have seen recent improvements, including remodeled interiors in 1413 #2 and
1411 #1 completed in the past year. All units are equipped with a new Fridge and Stove and four of the five units feature updated & new
HVAC systems. This income-producing property reported a gross income of $30,600 and a net income of $26,971, with current rental
rates ranging from $450 to $550 per month. The property offers a straightforward exterior setup with on-site parking and manageable
grounds. This multi-unit opportunity provides consistent rental performance and operational simplicity. Please do not disturb tenants.
Drone Videos available on request. Schedule your inquiry today.
interior updates. 1411 Griffin Street includes a duplex configuration, while 1413 Griffin Street offers a triplex, providing a total of five
rental units with a mix of functional layouts. Select units have seen recent improvements, including remodeled interiors in 1413 #2 and
1411 #1 completed in the past year. All units are equipped with a new Fridge and Stove and four of the five units feature updated & new
HVAC systems. This income-producing property reported a gross income of $30,600 and a net income of $26,971, with current rental
rates ranging from $450 to $550 per month. The property offers a straightforward exterior setup with on-site parking and manageable
grounds. This multi-unit opportunity provides consistent rental performance and operational simplicity. Please do not disturb tenants.
Drone Videos available on request. Schedule your inquiry today.
Property Facts
| Price | $257,136 CAD | Lot Size | 0.29 AC |
| Price Per SF | $82.95 CAD | Building Size | 3,100 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1968 |
| Property Subtype | Residential Income | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | $257,136 CAD |
| Price Per SF | $82.95 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 3,100 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Opportunity Zone |
Yes |
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 93830 | Improvements Assessment | $3,537 CAD |
| Land Assessment | $844 CAD | Total Assessment | $4,381 CAD |
Property Taxes
Parcel Number
93830
Land Assessment
$844 CAD
Improvements Assessment
$3,537 CAD
Total Assessment
$4,381 CAD
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1411 Griffin St
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