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Triplex Rental Property
For Sale
$159,000

111 East Fairview Street, Shreveport, LA 71104

Three occupied units include a divided main residence and a separate home with carport.

Property Size2,224 SF
Price / SF$71.49
Days on Market46

Property Features for 111 East Fairview Street

General Information

Standard status Active
Size 2,224 SF
Total Parking Spaces 5
Property subtype Multi-Family / Multiple Single Units
Occupancy 100%

Amenities

Wall/Window Unit(s)
Space Heater
Hardwood
Other
Built-in Features, Cable TV Available
No
Composition
One
1
Pillar/Post/Pier, Slab
3
Brick, Wood

Building Details

Year Built 1950
Buildings 2
Tenancy Multi
Listing Agency: Osborn Hays Real Estate, LLC
Listed By: Andy Osborn · License #0995717954
Source: Compass
Added: Jun 20 Changed: Aug 2 Last Checked: Aug 4 at 12:11PM

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 Osborn Hays Real Estate, LLC

Investment Insights

Based on property information with market context.

This triplex property contains three separate rental units. The primary residence is configured as two apartments: one offers one bedroom and one bathroom, while the other provides two bedrooms and one bathroom. A detached two-bedroom, one-bathroom house adds a separate living arrangement, along with a carport and access to additional storage. The property was built in 1950 and includes hardwood flooring, built-in features, cable TV availability, wall/window units, and space heaters.

The property is located on East Fairview Street in Shreveport’s Broadmoor area, near Querbes Park Golf Course, shopping, dining, and other local amenities. All three units are currently occupied.

Key Highlights

  • Three separate rental units, including two apartments and one detached house
  • Main residence includes one 1‑bed/1‑bath unit and one 2‑bed/1‑bath unit
  • Detached 2‑bed/1‑bath house with carport and additional storage access

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Kitchen & Bath Showroom Electrical Service Dental Office (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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

833
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three occupied units include a divided main residence and a separate home with carport.
Where is this triplex located?
The property is located at 111 East Fairview Street Shreveport, LA.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Three separate rental units, including two apartments and one detached house; Main residence includes one 1‑bed/1‑bath unit and one 2‑bed/1‑bath unit; Detached 2‑bed/1‑bath house with carport and additional storage access
More about this property
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