147 E Herndon Street, Shreveport, LA 71101
- Added:
- Jun 29, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 8 at 1:06 am
Property Features for 147 E Herndon Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Standard status
- Active
- APN
- 171306007005500
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- LOT 55, BEVERLY HILLS SUB 171306-7-55
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1988
- Floors in Building
- 1
- Number of units
- 1
Listing agent Lee Nugent (318) 347-3332
Listing office Pinnacle Realty Advisors Shreveport, LA (318) 233-1045
Listing date Jun 29, 2026
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.
HighLights
- 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (mostly single‑family rentals) with a mix of occupied, renewed, Section 8, and value‑add vacant units.
- Rent roll shows approximately $34,905/month current income ($418,860 annualized).
- Projected stabilized rent is approximately $50,056/month ($600,672 annually) after vacant unit leasing and rent alignment to target levels.
- Bedroom mix ranges from 1‑bedroom units up to 4‑bedroom homes.
- Many leases extend into 2026 and 2027.
- Mostly public sewer (public sewer noted).
Overview
The properties are located in Shreveport Bossier City, Louisiana within Caddo Parish, and the sale is structured to be submitted only as one complete offering. The rent roll provided reflects current rental income of 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 move closer to target levels. Estimated 2025 insurance is $24,102.92, and estimated 2025 city and parish taxes total $26,500.16.
This portfolio is designed for buyers who can evaluate unit-level rent, occupancy, and value-add opportunities tied to leasing vacant inventory and renewing tenants. Financials, rent roll, and property-level details are available to qualified buyers upon request, and buyers must provide proof of funds or lender preapproval before receiving full documentation or scheduling access. The seller does not offer creative financing options and requests that tenants not be disturbed.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.729393
- Latitude
- 32.49606