420 Pargoud Dr, Monroe, LA 71202
Property image
Property image
FOR SALE

$490,000

  • Studio

420 Pargoud Dr, Monroe, LA 71202

South Riverfront
Est. Mortgage $2,941/mo*
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Home Highlights

Multi-Family

Local Information

  • Map ViewExplore the area around 420 Pargoud Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Investment Opportunity: 8 ~Home Rental Portfolio in Monroe and West Monroe, Louisiana Discover an exceptional opportunity to acquire a package of 7 single~family homes strategically located in Monroe and West Monroe. This portfolio is a rare find, offering a balanced mix of stable, long~term rental income and potential for value appreciation. Highlights: • Turnkey Income Stream: Most properties are rented to long~term tenants, providing consistent cash flow. • Prime Locations: Homes are situated in desirable neighborhoods across Monroe and West Monroe, appealing to tenants seeking convenience and quality of life. • Diverse Property Mix: Each property offers unique layouts, catering to a variety of tenant needs. • Growth Potential: Opportunities to increase rents or renovate for higher returns. • Strong Market: Monroe and West Monroe boast a robust rental market, supported by local industries, universities, and a growing population. This portfolio is ideal for investors seeking a scalable entry into real estate or those looking to expand an existing rental business. Don’t miss this chance to secure a high~performing asset in one of Louisiana’s most stable markets. Call today for financial details and to schedule a private consultation...
Last check for updates: about 23 hours ago
Listing courtesy of Dustin James
Keller Williams Parishwide Partners
Source: NELAR, MLS#215446
Also Listed on NELAR.

Home Details for 420 Pargoud Dr

Interior Features

Appliances & Utilities
Appliances: Other, Electric Water HeaterLaundry: In Unit
Heating & Cooling
Heating: OtherHas CoolingAir Conditioning: Central Air,Gas,ElectricHas Heating
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Electric: Separate Meters, Electric Company: OtherGas: Other, Gas Company: Other

Exterior Features

Exterior Home Features
Roof: OtherPatio / Porch: NoneFoundation: OtherNo Private Pool
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 180+

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Single Family Residence, Multi Family
Building
Construction Materials: Other
Property Information
Parcel Number: Multiple

Price & Status

Price
List Price: $490,000

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: MonroeCommunity: Other

Agent Information

Listing Agent
Listing ID: 215446

Miscellaneous

Mls Number: 215446

Around this home

Neighborhood Overview

South Riverfront
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Riverfront

At least 9 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 80 % Say yards are well-kept

  • 73 % Say there's holiday spirit

  • 67 % Say it's dog friendly

  • 67 % Say parking is easy

  • 60 % Say kids play outside

  • 40 % Say it's walkable to grocery stores

  • 33 % Say it's quiet

  • 33 % Say there are sidewalks

  • 31 % Say neighbors are friendly

  • 23 % Say people would walk alone at night

  • 18 % Say they plan to stay for at least 5 years

  • 14 % Say there's wildlife

  • 10 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.

Market trends in Monroe

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$205K
$4.17KMoM
Sale-to-List Price
98.6%
0.3%MoM
Price per sq ft
$113
$4MoM
Available listings
164

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
310 Hamilton St, West Monroe, LA
0.58
Multi-Family Home
-
08/12/26
-
-
2704 Lee Ave, Monroe, LA
0.62
Multi-Family Home
-
05/12/26
-
-
1002 S 5th St, West Monroe, LA
0.69
Multi-Family Home
-
04/10/26
4
-
-
1904 S Grand St, Monroe, LA
0.70
Multi-Family Home
-
10/28/25
-
-
708 S 7th St, West Monroe, LA
0.74
Multi-Family Home
-
08/12/26
-
-
107 Browning Ave, West Monroe, LA
0.76
Multi-Family Home
-
08/14/26
-
-
101 Browning Ave, West Monroe, LA
0.79
Multi-Family Home
-
08/12/26
-
-
223 Pear St, Monroe, LA
0.87
Multi-Family Home
-
06/05/26
2
-
1,147
210 Mitchell Ln, West Monroe, LA
0.87
Multi-Family Home
-
08/12/26
-
-
1601 Mississippi St, Monroe, LA
0.94
Multi-Family Home
-
03/06/26
4
-
1,650

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
410 Pargoud Dr, Monroe, LA 71202
0.05
-
4
2
1,895
Off Market
501 Grayling Ln, Monroe, LA 71202
0.09
$132,000
3
2
1,986
Off Market
232 Pargoud Dr, Monroe, LA 71202
0.27
-
3
-
1,600
Off Market
211 Grayling Ln, Monroe, LA 71202
0.33
-
2
1
1,362
Recently Sold
207 Grayling Ln, Monroe, LA 71202
0.35
-
-
-
-
Off Market
2408 S Grand St, Monroe, LA 71202
0.47
$229,000
Studio
-
-
For Sale
2310 S Grand St, Monroe, LA 71202
0.49
-
2
-
1,400
Off Market
2601 S Grand St, Monroe, LA 71202
0.50
-
4
2
1,350
Recently Sold
2800 S Grand St, Monroe, LA 71202
0.50
$120,500
4
2
2,576
Off Market
111 Forest Cir, Monroe, LA 71202
0.57
-
2
1
1,000
Off Market
2705 Gordon Ave, Monroe, LA 71202
0.58
$70,200
3
-
2,153
Off Market

Price and Tax history

DateEventPrice
Nov 7, 2025
Source: NELAR #215446
Listed For Sale
$490,000
Oct 31, 2025
Source: NELAR #215446
ListingRemoved
$490,000
Jul 9, 2025
Source: NELAR #215446
Listed For Sale
$490,000
Jan 21, 2022
Source: NELAR #197771
ListingRemoved
Jan 11, 2022
Source: NELAR #197771
Listed For Sale
$63,000

LGBTQ Local Legal Protections

Dustin James, Keller Williams Parishwide Partners
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Frequently asked questions about 420 Pargoud Dr

  • What is the estimated monthly payment for 420 Pargoud Dr?
    Based on a $490,000 list price with 20% down at today's rates, the estimated monthly payment for 420 Pargoud Dr in Monroe, LA is approximately $2,999 (about $2,695 principal & interest, $229 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 420 Pargoud Dr compare to homes in Monroe?
    420 Pargoud Dr in Monroe, LA is listed at $490,000, about 139% above the $205K median sale price in Monroe.
  • What do residents say about the South Riverfront neighborhood?
    Residents describe the South Riverfront neighborhood in Monroe, LA as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See homes for sale in South Riverfront, Monroe.
  • What are the closest schools to 420 Pargoud Dr?
    The closest schools to 420 Pargoud Dr in Monroe, LA are Barkdull Faulk Elementary School (Pre-K, rated 2/10), Carroll High School (rated 2/10), Carroll Junior High School (rated 2/10).
  • Does 420 Pargoud Dr have air conditioning?
    Yes, 420 Pargoud Dr in Monroe, LA has air conditioning.
  • Does 420 Pargoud Dr have laundry facilities?
    Yes, 420 Pargoud Dr in Monroe, LA has laundry facilities.
420 Pargoud Dr, Monroe, LA 71202 is a studio multi-family. 420 Pargoud Dr is located in South Riverfront, Monroe. This property is currently available for sale and was listed by NELAR on Jul 9, 2025. The MLS # for this home is MLS# 215446.