3029 Desoto Street, Shreveport, LA 71109
- Added:
- Jun 29, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 8 at 7:06 am
Property Features for 3029 Desoto Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Standard status
- Active
- APN
- 171410142000800
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- LOT 8, BLK. 21, INGLESIDE SUB. 171410-142-8
- Tax Annual Amount
- 461
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1999
- 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 (package sale only).
- Current rental income is approx. $34,905/month ($418,860 annualized) with estimated 2025 insurance of $24,102.92.
- Projected stabilized rent is approx. $50,056/month ($600,672 annually) once vacant units are leased and rents align closer to targets.
- Mostly single‑family rental homes with a mix of occupied, renewed, Section 8, and value‑add vacant units.
- Bedroom mix ranges from 1‑bedroom to 4‑bedroom homes, with many leases extending into 2026 and 2027.
- Public sewer; seller prefers cash/DSCR/portfolio loan or verifiable third‑party financing only (no seller financing terms).
Overview
The properties are located in Caddo Parish, with the street-level reference provided for 3029 De Soto Street, Shreveport, LA 71109. The seller indicates financials, rent roll, and property-level due diligence materials are available to qualified buyers upon request.
This portfolio may suit investors or operators seeking a multi-home rental platform with both in-place income and operational work tied to leasing vacant units, completing turns or inspections, and renewing tenants at market-supported rents. The seller does not offer creative financing terms such as subject-to, wrap, lease option, or owner financing, and requests cash, DSCR, portfolio loan, or verifiable third-party financing. Buyer must provide proof of funds or lender preapproval before receiving full documentation or scheduling property access, and tenants should not be disturbed.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.785492
- Latitude
- 32.47253