For sale

$49,000

Est. $349/mo —

•

1,224

sq ft

724 Richwood Rd, Monroe, LA 71202

About this home

Looking for 2 acres of prime real estate! Opportunities await for this large corner lot close to Medical facilities, Museums and much more. This 2 bedroom, 1 bath home, 1224 sq. ft, with a double carport, and extra storage is nestled down the side street of John Lane and provides excellent potential for your next flip project, rental or personal home. Priced to sell as-is, it's a great chance to own a large private area.

Single-familyProperty Type

1942Year Built

2 acresLot Size

$40Price/Sq.Ft.

2 car garageParking

Listed by Allison Garner • French Realty, LLC

Listing updated: Sep 4, 2026 at 01:39am

Redfin checked: 2 minutes ago

•Source:NELABOR #220720

Payment calculator

$349 per month

Principal and interest$267

Property taxes

$45

HOA dues

Home insurance

$36

Utilities

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Open houses

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Around this home

Schools

K - 12
Preschool & daycare

Robinson Elementary School

Public PreK-5 • Assigned • 0.9mi

7/10

Richwood Junior High School

Public 6-8 • Assigned • 1.3mi

3/10

Richwood High School

Public 8-12 • Assigned • 1.3mi

2/10

Provided by GreatSchools

About South

Monroe

South Monroe, located between Downtown Monroe and the University of Louisiana at Monroe area, is a residential and commercial Monroe neighborhood with tree-lined blocks and a river-adjacent setting. The neighborhood’s character concentrates along Louisville Avenue near the Pecanland Mall corridor, where big-box retail, local eateries, and steady traffic set a practical, on-the-go tone. Mid-century ranch homes and brick cottages mix with newer infill, with wide streets and mature shade trees shaping the streetscape. Chennault Park’s trails and open lawns add a green counterpoint to the shopping strips. The Biedenharn Museum & Gardens and the Masur Museum of Art anchor nearby culture with galleries and landscaped grounds. Bayou Desiard’s shoreline and boat launches frame weekends around water and sky.

Provided by Walk Score and Local Logic

Market insights

724 Richwood Rd · $49,000

DAYS ON MARKET

The average home goes pending in 28 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median list price in this area is $247,143. (404% higher than this home)

PRICE DROP

18% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Other interior features
Family room fireplace

Bedrooms
2 bedrooms on the main level

Bathrooms
1 full bathroom (main level)

Kitchen
Dishwasher
Electric water heater

Heating & cooling
Central heating
No cooling

Sale and tax history for 724 Richwood Rd

Sale History
Tax History

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

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Total Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Ouachita Parish

APN

14010,12852

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 28, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 111° expected this year, 20 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Monroe, LA • 71202

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

100/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 1% for direct sun exposure in Monroe. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.6 hrs

6.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 724 Richwood Rd

There isn’t enough information to generate an accurate estimate at this time. Learn More

Rental earnings

Est. $846 per month, based on comparable rentals

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