Residential Income Portfolio
For Sale
Under Contract
$51,000
277 W 71st Street, Shreveport, LA 71106
ResidentialIncome, Shreveport, LA
Property SizeContact for details
Lot Size0.17 Acres
Days on Market60
Property Features for 277 W 71st Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Subdivision
Cedar Grove Add
Elementary school district
Caddo PSB
Middle school district
Caddo PSB
High school district
Caddo PSB
Directions
USE GPS
Standard status
Active Under Contract
APN
171425044006100
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
LOT 61, CEDAR GROVE ADDN. 171425-44-61
Legal Description
LOT 61, CEDAR GROVE ADDN. 171425-44-61
Utilities
Sewer type
Public Sewer
Building Details
Year built
1983
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# 21299452
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 residential income portfolio presented as a package only. The portfolio includes 49 properties and 50 residential units, consisting mostly of single-family rental homes with a mix of occupied, renewed, Section 8, and value-add vacant units. Bedroom counts range from 1-bedroom to 4-bedroom configurations. The rent roll reflects approximately $34,905 in monthly income, with an annualized figure of approximately $418,860, and a projected stabilized rent of approximately $50,056 per month and $600,672 annually once vacant units are leased and rents are moved closer to target levels.
The portfolio is located in Shreveport-Bossier City, Louisiana, within Caddo Parish. Based on the provided documentation, many leases extend into 2026 and 2027. The seller notes that rental income can change as units are leased, renewed, vacated, or adjusted while the portfolio is listed. Estimated 2025 insurance is $24,102.92, and estimated 2025 city and parish taxes are $26,500.16.
The property is best suited for buyers looking for a multi-property residential rental package and willing to manage a mix of occupied and vacant units through leasing, turns or inspections, and tenant renewals. The seller is not offering creative financing options; buyers must use cash, DSCR/portfolio lending, or verifiable third-party financing. Proof of funds or lender preapproval is required to receive full documentation and to schedule access, and tenants should not be disturbed.
The portfolio is located in Shreveport-Bossier City, Louisiana, within Caddo Parish. Based on the provided documentation, many leases extend into 2026 and 2027. The seller notes that rental income can change as units are leased, renewed, vacated, or adjusted while the portfolio is listed. Estimated 2025 insurance is $24,102.92, and estimated 2025 city and parish taxes are $26,500.16.
The property is best suited for buyers looking for a multi-property residential rental package and willing to manage a mix of occupied and vacant units through leasing, turns or inspections, and tenant renewals. The seller is not offering creative financing options; buyers must use cash, DSCR/portfolio lending, or verifiable third-party financing. Proof of funds or lender preapproval is required to receive full documentation and to schedule access, and tenants should not be disturbed.
Key Highlights
- 1983‑built 50‑unit residential portfolio in Shreveport‑Bossier City, LA, for sale as one complete package only.
- Portfolio includes mostly single‑family rental homes with a mix of occupied, renewed, vacant value‑add, and Section 8 units.
- Current rental income is approximately $34,905 per month ($418,860 annualized).
Property Analytics
Property Profile
Current Use
Lease Details
50
Residential units
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Explore this area
Business Placement
Demographics for 71106, LA
34,906
Population
15,415
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
33.2 sq mi
ZIP Area
1,051
Density / Sq Mi
$77,724
Median Household Income
$48,949
Median Earnings
$890
Median Rent
$310,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - For sale portfolio of mostly single-family rental units with a mix of occupied, renewed, Section 8, and vacant homes.
Where is this single family property located?
The property is located at 277 W 71st Street Shreveport, LA.
What is the asking price?
The asking price for this property is $51,000.
What are key features of this property?
This property features: 1983‑built 50‑unit residential portfolio in Shreveport‑Bossier City, LA, for sale as one complete package only.; Portfolio includes mostly single‑family rental homes with a mix of occupied, renewed, vacant value‑add, and Section 8 units.; Current rental income is approximately $34,905 per month ($418,860 annualized).
