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Multi-Family Residential Portfolio
For Sale
Under Contract
$70,000

2703 Jerome Lane, Shreveport, LA 71107

ResidentialIncome, Shreveport, LA

Property SizeContact for details
Lot Size0.21 Acres
Days on Market60

Property Features for 2703 Jerome Lane

General Information

Property type Residential Multi Family
Property subtype Other
Parking 2
Subdivision Evelyn Heights
Elementary school district Caddo PSB
Middle school district Caddo PSB
High school district Caddo PSB
Directions USE GPS
Standard status Active Under Contract
APN 181420019001500
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description LOT 15, EVELYN HEIGHTS, LESS R/W, 181420-19-1
Legal Description LOT 15, EVELYN HEIGHTS, LESS R/W, 181420-19-1

Utilities

Sewer type Public Sewer

Building Details

Year built 2006
Floors in Building 1
Number of units 1
Listing Agency: Pinnacle Realty Advisors
Listed By: Lee Nugent · License #0995695038
Added: Jun 29 Changed: Aug 20 Last Checked: Aug 27 at 8:06PM
MLS# 21302360

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.

This offering is a package sale only: a 49-property, 50-unit residential portfolio in Shreveport, Louisiana. The portfolio is primarily composed of single-family rental homes and includes a mix of occupied units, renewed leases, Section 8 units, and value-add vacant inventory. Bedroom counts range from 1-bedroom units to 4-bedroom homes, with many leases noted to extend into 2026 and 2027. Current rental income is approximately $34,905 per month (about $418,860 annualized), with projected stabilized rent of approximately $50,056 per month (about $600,672 annually) once vacant units are leased and rents are moved closer to target levels. The seller requires no creative financing, and only cash, DSCR, portfolio loans, or verifiable third-party financing are offered. Buyer must provide proof of funds or lender preapproval before receiving full documentation or scheduling property access.

The properties are located in the Shreveport–Bossier City area within Caddo Parish. The portfolio includes both occupied and vacant units, which supports an immediate income component alongside lease renewals, vacancy leasing, and unit stabilization work.

For buyers seeking a multi-family residential portfolio with a blend of current income and operational, lease-up, and renewal activities, this structure provides defined avenues for value-add focused on leasing vacant units, completing turns or inspections, renewing tenants at market-supported rents, and tightening operations. Financial information, the rent roll, property-level details, and due diligence materials are available to qualified buyers upon request.

Key Highlights

  • 2006‑built 50‑unit residential portfolio in Shreveport/Bossier City, LA
  • Mostly single‑family rental homes with a mix of occupied, renewed, Section 8, and value‑add vacant units
  • Current rental income is approximately $34,905/month ($418,860 annualized) based on the provided rent roll

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Pharmacy HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby

Demographics for 71107, LA

31,311
Population
13,636
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
137.2 sq mi
ZIP Area
228
Density / Sq Mi
$48,114
Median Household Income
$31,075
Median Earnings
$909
Median Rent
$157,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Portfolio sale of 50 residential units in Shreveport, with a mix of occupied, vacant, renewed, and Section 8 homes.
Where is this single family property located?
The property is located at 2703 Jerome Lane Shreveport, LA.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: 2006‑built 50‑unit residential portfolio in Shreveport/Bossier City, LA; Mostly single‑family rental homes with a mix of occupied, renewed, Section 8, and value‑add vacant units; Current rental income is approximately $34,905/month ($418,860 annualized) based on the provided rent roll
More about this property
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