3222 Desoto Street, Shreveport, LA 71109
- Added:
- Jun 29, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 8 at 11:06 am
Property Features for 3222 Desoto Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Standard status
- Active
- APN
- 171410135002000
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- W. 54.14 FT OF E. 210.0 FT OF S. 135.0 FT OF
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1987
- 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
- 1987‑built 50‑unit residential rental portfolio in Shreveport/Bossier City, LA
- Package sale only: all 49 properties and 50 units sold as one complete portfolio
- Current rental income is approximately $34,905/month (about $418,860 annualized)
- Projected stabilized rent is approximately $50,056/month (about $600,672 annually) once vacant units are leased
- Unit mix includes mostly single‑family rentals with occupied, renewed, Section 8, and value‑add vacant units
- Some leases extend into 2026 and 2027; includes public sewer and estimated 2025 insurance/taxes
Overview
Per the provided rent roll, current rental income is approximately $34,905 per month, or $418,860 annualized. Estimated projected stabilized rent is approximately $50,056 per month, or $600,672 annually, assuming vacant units are leased and rents are moved closer to target levels. Estimated 2025 insurance is $24,102.92, and estimated 2025 city and parish taxes are $26,500.16, with rental income subject to change based on leasing, renewals, vacancies, and rent adjustments during the listing period. The portfolio is presented as one complete package with limited accessibility for active tenants at the property listed as 3222 Desoto Street, Shreveport, LA 71109.
The seller prefers cash, DSCR, portfolio loans, or other verifiable third-party financing only, and does not offer creative financing options such as seller financing, subject-to, wrap, lease option, or owner financing. Buyers will need to provide proof of funds or lender preapproval before receiving full documentation and scheduling access. The value-add approach referenced by the seller focuses on leasing vacant inventory and completing turns or inspections, alongside renewing tenants at market-supported rents and tightening operations to support stabilization.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.789414
- Latitude
- 32.473072