Occupied Triplex with
125 State Court Bossier City, LA 71112
125 State Court, Bossier City, LA, 71112
$220,000
For Sale
$220,000
Three occupied units each include in-unit washer and dryer, with carport parking spaces for every unit.
Property Size2,291 SF
Price / SF$96.03
Days on Market98
Property Features for 125 State Court
General Information
- Standard status
- Active
- Size
- 2,291 SF
- Property subtype
- Multi-Family / Triplex
Building Details
- Year Built
- 1952
Listing agency
Pelican Realty Advisors
(318) 751-6376
Listed by
Tammy Szekacs · License #0995697515
(318) 751-6376
Source
Compass
Added: Apr 15 Updated: Jul 21 at 4:00AM Checked: Jul 21 at 4:00AM
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 Pelican Realty Advisors
Investment Insights
Based on property information with market context.
This occupied triplex features three rental units. The two front units are each two bedroom, one bath, and each provides a carport parking space. The back unit offers one bedroom, one bath, along with an attached carport space. All units include washer and dryer in place.
The property is located in a quiet neighborhood on a cul de sac and is described as convenient to BAFB, Shreveport, I-20, and nearby grocery, shopping, and restaurant options.
Recent improvements include a duplex roof from 2025 and a single unit roof from 2021. The three water heaters are each approximately five years old, and the HVAC units are also described as five years old.
The property is located in a quiet neighborhood on a cul de sac and is described as convenient to BAFB, Shreveport, I-20, and nearby grocery, shopping, and restaurant options.
Recent improvements include a duplex roof from 2025 and a single unit roof from 2021. The three water heaters are each approximately five years old, and the HVAC units are also described as five years old.
Key Highlights
- 3 occupied units with leases in place; all units have in‑unit washer and dryer
- Front units: each 2 bed, 1 bath, with carport parking space
- Back unit: 1 bed, 1 bath, with attached carport space
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 | $28.9k | $12.60 |
| − Vacancy | −$1.4k | −$0.60 |
| EGI | $27.5k | $12.00 |
| − OpEx | −$8.2k | −$3.60 |
| NOI | $19.2k | $8.40 |
2,291 SF · lease $12.60/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$275.0K
$240.6K – $320.8K
NOI $19,247 @ 7.0% cap · market cap 8.75%
Second Best
Apartment 5plus
$240.1K
$210.1K – $280.1K
NOI $16,807 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$390.0K
$341.2K – $455.0K
NOI $27,299 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three occupied units each include in-unit washer and dryer, with carport parking spaces for every unit.
Where is this triplex located?
The property is located at 125 State Court Bossier City, LA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 3 occupied units with leases in place; all units have in‑unit washer and dryer; Front units: each 2 bed, 1 bath, with carport parking space; Back unit: 1 bed, 1 bath, with attached carport space
