2638 Morningside Drive, Shreveport, LA 71108
- Added:
- Jun 29, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 8 at 1:06 am
Property Features for 2638 Morningside Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Standard status
- Active
- APN
- 171414145000700
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Description
- LOT 7, BLK. 6, MORNINGSIDE SUB., 171414-145-7
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, built in 1988
- Current rent roll of approximately $34,905/month ($418,860 annualized) across occupied and vacant units
- Projected stabilized rent of approximately $50,056/month ($600,672 annualized) after leasing vacant units and moving toward target rents
- Unit mix includes 1‑bedroom through 4‑bedroom rental homes, with a combination of occupied, renewed, Section 8, and value‑add vacant units
- Mostly single‑family rental homes with leases extending into 2026 and 2027 (per provided lease information)
- Utilities and services include public sewer; estimated 2025 insurance is $24,102.92 and estimated 2025 city/parish taxes are $26,500.16
Overview
The portfolio is located in Shreveport/Bossier City, Louisiana, within Caddo Parish, and the listing address is 2638 Morningside Drive, Shreveport, LA 71108. Tenant disturbance is discouraged; access and additional documentation are limited, and the seller requires proof of funds or lender preapproval before releasing full documentation or scheduling property access.
For investors or owner-operators seeking a multi-property residential portfolio, this package supports a straightforward value-add approach focused on leasing vacant inventory, completing turns or inspections, renewing tenants at market-supported rents, and tightening operations based on the provided rent roll and unit mix. The seller also specifies portfolio-only terms and does not offer creative financing, including seller financing, subject-to, wrap, lease option, or owner financing; cash, DSCR, portfolio loan, or verifiable third-party financing only.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.778996
- Latitude
- 32.460362