1920 Monroe Street, Alexandria, LA 71301

Investment Opportunity – Two Adjacent Properties | 6 Rental Units

Excellent income-producing opportunity featuring two adjacent properties with a total of 6 rental units, offering immediate cash flow, established tenancy, and recent capital improvements.

Property 1 – 1920 Monroe Street

Large white duplex featuring:

• Unit A: 2-bedroom, 2-bath – Currently leased at $675/month
• Unit B: 2-bedroom, 2-bath – Currently leased at $875/month
• New roof
• Unit A features a new central HVAC system

Property 2 – 1924 & 1924½ Monroe Street

This property includes a brick triplex plus a separate single-family residence:

• 1924 Monroe Street: Brick triplex with three 2-bedroom, 1-bath units, all occupied by long-term residents
• New roof
• Relatively new HVAC systems
• 1924½ Monroe Street: Separate single-family home located behind the triplex with a newly remodeled interior

Residents are responsible for all utilities, helping minimize operating expenses.

This two-property portfolio combines stable rental income with recent capital improvements, including new roofs, updated HVAC systems, and a renovated rear home. With six income-producing units, established occupancy, and long-term investment potential, this is an outstanding opportunity for investors seeking reliable cash flow and future appreciation.