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Leased Duplex Income Property

1005 Dalzell Street Shreveport, LA 71104

1005 Dalzell Street, Shreveport, LA, 71104
$240,000
Pending
For Sale
$240,000
Pending

Duplex with two 3-bedroom, 2-bath units, each featuring an open floor plan and current leases through late 2026.

Property Size2,310 SF
Days on Market259

Property Features for 1005 Dalzell Street

General Information

Standard status
Pending
Size
2,310 SF
Property subtype
Multi-Family / Full Duplex

Building Details

Year Built
2016
Listing agency Pinnacle Realty Advisors
Listed by Steven Pracht · License #0995704525
Source Compass
Added: Nov 5, 2025 Updated: Jul 21 at 6:28AM Checked: Jul 22 at 11:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Realty Advisors


Investment Insights

Based on property information with market context.

This duplex is configured with two separate residences, with each side offering 3 bedrooms and 2 bathrooms. Each unit includes an open floor plan designed for an efficient, comfortable layout. The property is being sold as an income-producing asset with both units currently leased.

According to the seller, the property is located near the medical school and Centenary College. The leases are in place through October 2026 and November 2026, creating a defined holding period for a new owner.

The duplex totals 2 units with matching bedroom and bathroom counts per side, providing straightforward rent roll continuity and a consistent floor plan across both residences.

Key Highlights

  • Duplex built in 2016 with 2 total units (one‑story brick construction on a slab foundation)
  • Each side offers 3 bedrooms and 2 baths with an open floor plan layout
  • Central heating and central air; flooring includes concrete throughout

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $29.1k $12.60
− Vacancy −$1.9k −$0.82
EGI $27.2k $11.78
− OpEx −$8.2k −$3.53
NOI $19.0k $8.25
2,310 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$272.1K
$238.1K – $317.5K (±1% cap)
NOI $19,050 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$245.2K
$214.5K – $286.0K (±1% cap)
NOI $17,161 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$487.6K
$426.6K – $568.8K (±1% cap)
NOI $34,129 @ 7.0% cap · market cap 14.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Auto Parts Store Garden Center Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store Skin Care Clinic Gym & Fitness Center Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two 3-bedroom, 2-bath units, each featuring an open floor plan and current leases through late 2026.
Where is this duplex located?
The property is located at 1005 Dalzell Street Shreveport, LA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Duplex built in 2016 with 2 total units (one‑story brick construction on a slab foundation); Each side offers 3 bedrooms and 2 baths with an open floor plan layout; Central heating and central air; flooring includes concrete throughout
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