131 E Gregg Street, Shreveport, LA 71104
- Added:
- Jun 29, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 8 at 2:06 am
Property Features for 131 E Gregg Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Standard status
- Active
- APN
- 171317003002500
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- LOT 25, LESS N. 5 FT. FOR R/W, HENRIETTA SUBN
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1994
- Floors in Building
- 1
- Number of units
- 1
Listing agent Lee Nugent (318) 347-3332
Listing office Pinnacle Realty Advisors Shreveport, LA (318) 233-1045
Listing date Jun 29, 2026
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.
HighLights
- 49‑property, 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (package sale only).
- Current rental income is approximately $34,905/month, or $418,860 annualized, based on the provided rent roll.
- Projected stabilized rent is approximately $50,056/month, or $600,672 annually, after vacant units are leased and rents move toward target levels.
- Unit mix includes mostly single‑family rentals with 1 to 4 bedrooms, plus a mix of occupied, renewed, value‑add vacant, and Section 8 units.
- Many leases extend into 2026 and 2027, with immediate income and upside tied to lease renewals and vacant unit stabilization.
- Utilities include public sewer; estimated 2025 insurance is $24,102.92 and estimated 2025 city/parish taxes are $26,500.16.
Overview
The offering is located in Caddo Parish. The seller has provided estimated 2025 expenses including insurance of $24,102.92 and city and parish taxes of $26,500.16. Financials, the rent roll, property-level details, and due diligence materials are available to qualified buyers upon request, and access is subject to proof of funds or lender preapproval. Please do not disturb tenants.
This portfolio is suited for buyers seeking a multi-unit residential rental package with immediate income and a defined value-add component centered on leasing vacant inventory, completing turns or inspections, and renewing tenants. The seller is offering the portfolio only as one complete package and discourages individual offers. No creative financing is available; the seller indicates cash, DSCR, portfolio loan, or verifiable third-party financing only.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.731885
- Latitude
- 32.470656