Search
Residential Income Portfolio
For Sale
Under Contract
$73,000

3603 Ninock Street, Shreveport, LA 71109

ResidentialIncome, Shreveport, LA

Property SizeContact for details
Lot Size0.20 Acres
Days on Market60

Property Features for 3603 Ninock Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking 2
Subdivision Johnston-Brown 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 171410081000500
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description LOT 5, JOHNSTON-BROWN SUB.
Legal Description LOT 5, JOHNSTON-BROWN SUB.

Utilities

Sewer type Public Sewer

Building Details

Year built 1985
Floors in Building 1
Number of units 1
Listing Agency: Pinnacle Realty Advisors
Listed By: Lee Nugent · License #0995695038
Added: Jun 29 Changed: Aug 20 Last Checked: Aug 27 at 8:06PM
MLS# 21302337

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.

Offered as a package only, this portfolio totals 49 properties and 50 residential units, comprised mostly of single-family rental homes. The rent roll reflects a mix of occupied units, renewed tenants, Section 8 units, and value-add vacant inventory. Bedroom counts range from 1-bedroom units to 4-bedroom homes, and many leases extend into 2026 and 2027. The portfolio is presented with current monthly rental income of approximately $34,905, or $418,860 annualized, with projected stabilized rent of approximately $50,056 per month, or $600,672 annually after vacant units are leased and rents are adjusted toward target levels. Financial estimates include 2025 insurance of $24,102.92 and estimated 2025 city and parish taxes of $26,500.16. Rental income may change as units are leased, renewed, vacated, or adjusted during the listing period.

The portfolio is located in the Shreveport–Bossier City, LA area, with the listed address at 3603 Ninock Street, Shreveport, LA 71109, in Caddo Parish. Buyers should note that the seller requests a package sale only and discourages individual offers.

This offering is best suited for cash buyers or lenders able to proceed with portfolio-level financing based on verifiable terms. The seller does not offer creative financing, seller financing, subject-to, wrap, lease option, or owner-financed structures. Full documentation and property access are available only after the buyer provides proof of funds or lender preapproval, and tenants must not be disturbed.

Key Highlights

  • Residential portfolio package with 50 total units (mostly single‑family rentals) in Shreveport‑Bossier City, LA
  • Current rental income is approximately $34,905/month ($418,860 annualized) based on the provided rent roll
  • Projected stabilized rent is approximately $50,056/month ($600,672 annually) once vacant units are leased and rents move closer to target levels

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Electrical Service HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

303
Businesses Nearby

Demographics for 71109, LA

18,414
Population
9,099
Households
2
Avg Household Size
39
Median Age
14%
College-Educated
83%
High-School Grad
12.8 sq mi
ZIP Area
1,439
Density / Sq Mi
$31,309
Median Household Income
$25,695
Median Earnings
$896
Median Rent
$91,800
Median Home Value
Rey
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 - Buy a 50-unit residential rental portfolio of mostly single-family homes with a mix of occupied, Section 8, and vacant units.
Where is this single family property located?
The property is located at 3603 Ninock Street Shreveport, LA.
What is the asking price?
The asking price for this property is $73,000.
What are key features of this property?
This property features: Residential portfolio package with 50 total units (mostly single‑family rentals) in Shreveport‑Bossier City, LA; Current rental income is approximately $34,905/month ($418,860 annualized) based on the provided rent roll; Projected stabilized rent is approximately $50,056/month ($600,672 annually) once vacant units are leased and rents move closer to target levels
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message