3712 Rapides St, Monroe, LA 71203
Property image
Property image
FOR SALE

3712 Rapides St
Monroe, LA 71203

University Area
  • 3 Beds
  • 2,400 sqft

$235,000

Est. Mortgage $1,363/mo*

$235,000

Est. Mortgage $1,363/mo*
3 Beds
2,400 sqft

Home Highlights

Outdoor
Porch
Climate Control
Heating & Cooling
Price/Sqft
$98
Listed
56 days ago

Local Information

  • Map ViewExplore the area around 3712 Rapides St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Excellent investment opportunity in a highly desirable location! This waterfront property is currently leased to the Oxford Foundation for $1,850 per month, providing dependable long-term rental income. If you are looking for a strong-performing rental property with consistent cash flow in a great area, this property is a must-see. The home is located in a very desirable part of Monroe and offers an attractive setting for both tenants and investors alike. This property may also be purchased as part of a larger investment package with additional Monroe and West Monroe properties available. Strong rental history, excellent location, and dependable income make this a great addition to any investment portfolio.

Home Details for 3712 Rapides St

Interior Features

Beds & Baths
Number of Bedrooms: 3
Appliances & Utilities
Appliances: Dishwasher, Refrigerator, Gas RangeDishwasherLaundry: NoneRefrigerator
Heating & Cooling
Heating: Electric,CentralHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Electric: Separate Meters, Electric Company: Other, NoneGas: Other, Gas Company: Other

Exterior Features

Exterior Home Features
Roof: Asphalt ShinglePatio / Porch: Porch OpenFoundation: SlabNo Private Pool
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 56

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Single Family Residence, Multi Family
Building
Construction Materials: Frame
Property Information
Parcel Number: 53294

Price & Status

Price
List Price: $235,000Price Per Sqft: $98

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: MonroeCommunity: Crescent Bend

Agent Information

Listing Agent
Listing ID: 219523

Building

Building Area
Building Area: 2400 Square Feet

Miscellaneous

Mls Number: 219523
Last check for updates: 1 day ago
Listing courtesy of Scott Leo
Cypress State Realty
Source: NELAR, MLS#219523
Also Listed on NELAR.

Market trends in Monroe

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$195K
$15.17K
MoM
Sale-to-List Price
98.8%
0.6%
MoM
Price per sq ft
$114
$6
MoM
Available listings
160
6
MoM

Price History for 3712 Rapides St

DatePriceEventSource
05/26/2026$235,000Listed For SaleNELAR #219523
12/11/2023--Sold
NELAR #208202
11/05/2020$249,900ListingRemovedAgent Provided
10/29/2020$249,900Listed For SaleAgent Provided
11/08/2019$1,795ListingRemovedN/A
08/16/2019$1,795Listed For RentN/A
04/29/2019$1,795ListingRemovedN/A
10/22/2018$1,795Listed For RentN/A
06/01/2006--Sold
N/A

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Property Tax and Assessment

Year2025
Tax$1,485
Assessment$136,780
Home facts updated by county records

Comparable Sales for 3712 Rapides St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.18
Multi-Family Home
-
05/07/26
2
-
1,433
0.17
Multi-Family Home
-
05/08/26
2
-
900
1.34
Multi-Family Home
-
07/25/25
4
-
3,512
1.18
Multi-Family Home
-
10/09/25
4
-
-
1.18
Multi-Family Home
-
06/11/26
-
-
1.24
Multi-Family Home
-
06/23/26
-
-
2.47
Multi-Family Home
-
07/16/26
3
-
1,200
1.17
Multi-Family Home
-
05/01/26
-
-
2.97
Multi-Family Home
-
09/30/25
6
-
3,191
1.42
Multi-Family Home
-
05/01/26
-
-

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 3712 Rapides St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about University Area

At least 9 Trulia users voted on each feature.
  • 85 % Say yards are well-kept

  • 76 % Say car is needed

  • 70 % Say there's wildlife

  • 55 % Say parking is easy

  • 53 % Say neighbors are friendly

  • 50 % Say it's quiet

  • 45 % Say it's dog friendly

  • 40 % Say they plan to stay for at least 5 years

  • 38 % Say it's walkable to restaurants

  • 38 % Say people would walk alone at night

  • 31 % Say there's holiday spirit

  • 30 % Say kids play outside

  • 24 % Say streets are well-lit

  • 22 % Say it's walkable to grocery stores

  • 15 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Unclecraig48
    "everything is close. I live in the neighborhood next to the college 5 minutes away from anything Walmart food 10 minutes away from the mall. I'm digging it! "

LGBTQ Local Legal Protections

Scott Leo, Cypress State Realty
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3712 Rapides St, Monroe, LA 71203 is a 3 bedroom, 2,400 sqft multi-family built in 1951. 3712 Rapides St is located in University Area, Monroe. This property is currently available for sale and was listed by NELAR on May 26, 2026. The MLS # for this home is MLS# 219523.