Residential Income Portfolio with 50
For Sale
Under Contract
$52,000
332 Prospect Street, Shreveport, LA 71104
ResidentialIncome, Shreveport, LA
Property SizeContact for details
Lot Size0.12 Acres
Days on Market60
Property Features for 332 Prospect Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Subdivision
University Heights Sub
Elementary school district
Caddo PSB
Middle school district
Caddo PSB
High school district
Caddo PSB
Directions
USE GPS
Standard status
Active Under Contract
APN
171306093001900
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
LOT 19, BLK 6, UNIVERSITY HTS SUB 171306-93-1
Tax Annual Amount
1091
Legal Description
LOT 19, BLK 6, UNIVERSITY HTS SUB 171306-93-1
Utilities
Sewer type
Public Sewer
Building Details
Year built
2021
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# 21299527
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 listing is offered as a package-only residential income portfolio comprising 49 properties and 50 total units. The portfolio is mostly single-family rental housing, with a mix of occupied, renewed, Section 8, and value-add vacant units. Unit bedroom counts range from 1 bedroom through 4 bedroom homes, and many leases extend into 2026 and 2027. Based on the provided rent roll, 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. Estimated 2025 insurance is $24,102.92 and estimated 2025 city and parish taxes are $26,500.16.
The portfolio is located in the Shreveport-Bossier City, LA area, in Caddo Parish, with documentation and rent-roll details available to qualified buyers. The seller requests that buyers not disturb tenants. Full documentation and scheduling property access are provided only after proof of funds or lender preapproval is received.
The property structure supports operators focused on leasing vacant inventory, completing turns or inspections, and renewing tenants at market-supported rent levels as vacancies and lease terms change. The seller is not offering creative financing, subject-to, wrap, lease option, or owner financing; acceptable consideration is limited to cash, DSCR, portfolio loans, or verifiable third-party financing.
The portfolio is located in the Shreveport-Bossier City, LA area, in Caddo Parish, with documentation and rent-roll details available to qualified buyers. The seller requests that buyers not disturb tenants. Full documentation and scheduling property access are provided only after proof of funds or lender preapproval is received.
The property structure supports operators focused on leasing vacant inventory, completing turns or inspections, and renewing tenants at market-supported rent levels as vacancies and lease terms change. The seller is not offering creative financing, subject-to, wrap, lease option, or owner financing; acceptable consideration is limited to cash, DSCR, portfolio loans, or verifiable third-party financing.
Key Highlights
- 49‑property, 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (package sale only).
- Mostly single‑family rental homes with a mix of occupied units, renewed units, Section 8 units, and value‑add vacant units.
- Current rental income is approximately $34,905/month ($418,860 annualized) per the provided rent roll.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
867
Businesses Nearby
Explore this area
Business Placement
Demographics for 71104, LA
13,680
Population
7,160
Households
1.9
Avg Household Size
36
Median Age
31%
College-Educated
94%
High-School Grad
3.9 sq mi
ZIP Area
3,508
Density / Sq Mi
$53,481
Median Household Income
$36,693
Median Earnings
$1,071
Median Rent
$163,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Package sale of a residential portfolio featuring mostly single-family rentals with occupied and vacant units.
Where is this single family property located?
The property is located at 332 Prospect Street Shreveport, LA.
What is the asking price?
The asking price for this property is $52,000.
What are key features of this property?
This property features: 49‑property, 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (package sale only).; Mostly single‑family rental homes with a mix of occupied units, renewed units, Section 8 units, and value‑add vacant units.; Current rental income is approximately $34,905/month ($418,860 annualized) per the provided rent roll.
