Located in Monroe, this 3 bed 2 bath single-family home offers 1,410 sq ft of flexible space with endless potential. Cozy up by the charming fireplace for efficient heat during cooler months. The home comes well-equipped with convenience appliances included—a microwave and 2 dryers. Ideally situated in Monroe, this property presents a fantastic opportunity for buyers or investors looking to customize a space to fit their vision.
Garden District, located between Forsythe Avenue and Park Avenue, is a historic and residential Monroe neighborhood with tree-lined streets and early-20th-century architecture. The neighborhood’s character concentrates around the Forsythe Avenue corridor near St. Francis Medical Center, where small professional offices and local eateries set a steady daytime rhythm. Broad porches, brick cottages, and mature oaks give the blocks a measured, walkable feel. Antique shops and independent storefronts along nearby Antique Alley add a curated, local layer to errands and weekends. Forsythe Park and the Ouachita River levee paths frame outdoor time with open lawns and long views. Downtown Monroe’s museums and theaters sit a short drive away, keeping culture close without changing the district’s quiet cadence.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Fireplace
Bathrooms
2 full bathrooms
Exterior features
Irregular lot
Home design
Single-family residence
One story
Utilities
Public water
Public sewer
Natural gas not available
Electricity and solar
View estimated energy costs and solar savings for this home
Investor Special! This is a Chip and JoJo Gaines jewel. The house was built in 1927 and has many of the original elements of the property. The original wood flooring is still found throughout most of the house and shiplap can be found under some of the sheetrock. Current updates including a new roof and jetted tub have been installed. This property was once The Lily Pad Consignment Shop, so it is zoned to be commercial or residential property. Located in a prime location off Louisville Ave. , a little imagination and TLC can turn this property into anything you want it to be. Seller is selling AS IS for Cash and will be leaving the Antiques and other items with the house and the workshop. Call for your appointment today.
Public Records
Jan 5, 2021
Sold
$50,000
$35/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$712
$1,402 + $5,157
$6,559
2024
$712 (−0.9%)
$1,402 + $5,157
$6,559
2023
$719 (+21.9%)
$1,402 + $5,157
$6,559
2022
$590 (+0.2%)
$875 + $4,700
$5,575
2021
$588
$875 + $4,700
$5,575
2020
$588 (+0.6%)
$875 + $4,700
$5,575
2019
$585 (−0.1%)
$875 + $4,700
$5,575
2018
$586 (−5.1%)
$875 + $4,700
$5,575
2017
$617 (+0.2%)
$875 + $4,700
$5,575
2016
$616 (+0.2%)
$875 + $4,700
$5,575
2015
$615
$875 + $4,700
$5,575
2014
$615
$875 + $4,700
$5,575
Public record
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
7,010 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,410
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,410
Year built
1927
Style
Single Family Residential
County
Ouachita Parish
APN
58837-R
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 21, 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
8/10 Heat Factor
7 days above 112° expected this year, 20 days in 30 years
6/10 Wind Factor
74% 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 • 71201
Average low and high temperatures (°F)
55
36
65
45
76
55
82
61
83
66
92
75
95
77
92
73
90
69
81
59
72
53
62
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1003 N 5th St
There isn’t enough information to generate an accurate estimate at this time. Learn More