Search
Multi-Family Residential Portfolio Package
For Sale
Under Contract
$60,000

5415 Norton Street, Shreveport, LA 71109

ResidentialIncome, Shreveport, LA

Property SizeContact for details
Lot Size0.11 Acres
Days on Market60

Property Features for 5415 Norton Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking 2
Subdivision Ewald 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 171416014002700
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description LOT 27, EWALD SUB 171416-14-27
Legal Description LOT 27, EWALD SUB 171416-14-27

Utilities

Sewer type Public Sewer

Building Details

Year built 2000
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# 21299327

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 offering is a package sale only: a 50-unit residential portfolio totaling 49 properties in Shreveport-Bossier City, Louisiana. The portfolio is primarily made up of single-family rental homes 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 are noted as extending 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.

The properties are located at 5415 Norton Street in Shreveport, in Caddo Parish (71109). Buyer access is restricted, and tenants are not to be disturbed. Financials, rent roll, property-level details, and due diligence materials are available to qualified buyers upon request.

This portfolio is designed for buyers seeking a hands-on residential income strategy, with clear value-add work focused on leasing vacant inventory, completing turns or inspections, renewing tenants at market-supported rents, and tightening operations. Per seller terms, cash, DSCR, portfolio loans, or verifiable third-party financing are required, and the seller is not offering creative financing or owner-financed terms. Proof of funds or lender preapproval is required before full documentation is provided or property access is scheduled.

Key Highlights

  • 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (package sale only)
  • Current rental income of approx. $34,905/month ($418,860 annualized) per provided rent roll
  • Projected stabilized rent of approx. $50,056/month ($600,672 annualized) once vacant units are leased and rents move toward targets

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Electrical Service Pharmacy

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

50
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

281
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 - One-of-a-kind opportunity to acquire a 50-unit residential portfolio with a mix of occupied, renewed, and vacant units.
Where is this single family property located?
The property is located at 5415 Norton Street Shreveport, LA.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (package sale only); Current rental income of approx. $34,905/month ($418,860 annualized) per provided rent roll; Projected stabilized rent of approx. $50,056/month ($600,672 annualized) once vacant units are leased and rents move toward targets
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