328 Prospect Street, Shreveport, LA 71104
- Added:
- Jun 29, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 8 at 1:06 am
Property Features for 328 Prospect Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 3
- Standard status
- Active
- APN
- 171306093001800
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- LOT 18, BLK 6, UNIVERSITY HTS SUB 171306-93-1
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1992
- Floors in Building
- 1
- Number of units
- 2
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
- Residential portfolio package: 50 total units across 49 properties in Shreveport‑Bossier City, LA (mostly single‑family rentals).
- Current rental income approximately $34,905/month ($418,860 annualized) per provided rent roll.
- Projected stabilized rent approximately $50,056/month ($600,672 annually) once vacant units are leased and rents align closer to target levels.
- Unit mix includes occupied, renewed, vacant value‑add units, and Section 8 units; bedrooms range from 1 to 4.
- Many leases extend into 2026 and 2027, supporting near‑term income continuity.
- Public sewer available; buyer must provide proof of funds or lender preapproval for rent roll, financials, and full documentation.
Overview
The portfolio is located in the Shreveport-Bossier City area of Louisiana within Caddo Parish, with due diligence materials available to qualified buyers upon request. Current rental income is approximately $34,905 per month, or $418,860 annualized, and 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. Rental income may change as units may be leased, renewed, vacated, or adjusted during the listing period.
The seller is seeking cash, DSCR, portfolio loan, or verifiable third-party financing only; no creative financing, seller financing, subject-to, wrap, lease option, or owner-financed terms are offered. Buyer must provide proof of funds or lender preapproval before receiving full documentation or scheduling access. Please do not disturb tenants.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.736976
- Latitude
- 32.487886