Multi-Family Rental
For Sale
Under Contract
$46,000
131 E Gregg Street, Shreveport, LA 71104
ResidentialIncome, Shreveport, LA
Property SizeContact for details
Lot Size0.12 Acres
Days on Market60
Property Features for 131 E Gregg Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Subdivision
Henrietta Sub
Elementary school district
Caddo PSB
Middle school district
Caddo PSB
High school district
Caddo PSB
Directions
USE GPS
Standard status
Active Under Contract
APN
171317003002500
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
LOT 25, LESS N. 5 FT. FOR R/W, HENRIETTA SUBN
Legal Description
LOT 25, LESS N. 5 FT. FOR R/W, HENRIETTA SUBN
Utilities
Sewer type
Public Sewer
Building Details
Year built
1994
Floors in Building
1
Number of units
1
Listing Agency:
Pinnacle Realty Advisors
(318) 233-1045
Listed By:
Lee Nugent · License #0995695038
(318) 347-3332
Added: Jun 29
Changed: Aug 20
Last Checked: Aug 27 at 8:06PM
MLS# 21302640
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
For sale as a package only, this residential portfolio totals 49 properties and 50 rental units, located in the Shreveport-Bossier City area of Louisiana. The mix is primarily single-family rental homes, with a blend of occupied, renewed, Section 8, and value-add vacant units. Bedroom counts range from 1-bedroom through 4-bedroom homes. Many leases extend into 2026 and 2027. Current rental income is approximately $34,905 per month, or $418,860 annualized, with projected stabilized rent of approximately $50,056 per month, or $600,672 annually, once vacant units are leased and rents are moved closer to target levels.
The offering is located in Caddo Parish. The seller has provided estimated 2025 expenses including insurance of $24,102.92 and city and parish taxes of $26,500.16. Financials, the rent roll, property-level details, and due diligence materials are available to qualified buyers upon request, and access is subject to proof of funds or lender preapproval. Please do not disturb tenants.
This portfolio is suited for buyers seeking a multi-unit residential rental package with immediate income and a defined value-add component centered on leasing vacant inventory, completing turns or inspections, and renewing tenants. The seller is offering the portfolio only as one complete package and discourages individual offers. No creative financing is available; the seller indicates cash, DSCR, portfolio loan, or verifiable third-party financing only.
The offering is located in Caddo Parish. The seller has provided estimated 2025 expenses including insurance of $24,102.92 and city and parish taxes of $26,500.16. Financials, the rent roll, property-level details, and due diligence materials are available to qualified buyers upon request, and access is subject to proof of funds or lender preapproval. Please do not disturb tenants.
This portfolio is suited for buyers seeking a multi-unit residential rental package with immediate income and a defined value-add component centered on leasing vacant inventory, completing turns or inspections, and renewing tenants. The seller is offering the portfolio only as one complete package and discourages individual offers. No creative financing is available; the seller indicates cash, DSCR, portfolio loan, or verifiable third-party financing only.
Key Highlights
- 49‑property, 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (package sale only).
- Current rental income is approximately $34,905/month, or $418,860 annualized, based on the provided rent roll.
- Projected stabilized rent is approximately $50,056/month, or $600,672 annually, after vacant units are leased and rents move toward target levels.
Property Analytics
Property Profile
Current Use
Lease Details
50
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Explore this area
Business Placement
Demographics for 71104, LA
13,680
Population
7,160
Households
1.9
Avg Household Size
36
Median Age
31%
College-Educated
94%
High-School Grad
3.9 sq mi
ZIP Area
3,508
Density / Sq Mi
$53,481
Median Household Income
$36,693
Median Earnings
$1,071
Median Rent
$163,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Package sale portfolio of 50 residential units across mostly single-family rentals, with occupied, renewed, Section 8, and vacant inventory.
Where is this single family property located?
The property is located at 131 E Gregg Street Shreveport, LA.
What is the asking price?
The asking price for this property is $46,000.
What are key features of this property?
This property features: 49‑property, 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (package sale only).; Current rental income is approximately $34,905/month, or $418,860 annualized, based on the provided rent roll.; Projected stabilized rent is approximately $50,056/month, or $600,672 annually, after vacant units are leased and rents move toward target levels.
