218 Standard Reed Road West Monroe, LA 71291
Listing Courtesy of: NORTHEAST LOUISIANA / Better Homes And Gardens Real Estate Veranda Realty / David Bryant / Better Homes and Gardens Real Estate Veranda Realty / Danielle Cagle

  218 Standard Reed Road West Monroe, LA 71291

Active
$950,000 (USD)
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Description

Investment opportunity for 11 units with room for possibly 2 more homes to be added - 2 Cabins - 9 Trailers total - 2 trailers are 2021 models - 5 have had a complete remodel completed - Rental income totals $8,000.00 a month - All seperate water meters and city sewer - Expenses include yard maintance of $150.00 per month and taxes currently at $2,800 annually.

MLS #:
201985
Lot Size
4.32 acres
Type
Multifamily
County
Ouachita Parish

Listed By

David Bryant, Better Homes And Gardens Real Estate Veranda Realty
Danielle Cagle, Better Homes and Gardens Real Estate Veranda Realty
Source
NORTHEAST LOUISIANA
Last checked Nov 17 2025 at 6:35 AM GMT+0000
Bathroom Details
Interior Features
  • Ceiling Fan(s)
  • Electric Water Heater
  • Laundry: Washer/Dryer Connect
  • Dishwasher
  • Disposal
  • Other
  • Laundry: In Unit
Lot Information
  • Outdoor Lighting
Property Features
  • Fireplace: 0
  • Fireplace: None
  • Foundation: Other
Heating and Cooling
  • Central
  • Electric
  • Central Air
Exterior Features
  • Roof: Asphalt Shingle
  • Roof: Other
Utility Information
  • Utilities: Natural Gas Available
  • Sewer: Public Sewer
Parking
  • Hard Surface Drive
Location
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Northeast Louisiana Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/16/25 22:35
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