Renovated Two-Unit
New
For Sale
$285,000
136 E Boulevard Street, Shreveport, LA 71104
The two-story layout pairs a three-bedroom residence with a separate two-bedroom unit, each with one full bath.
Property Size1,720 SF
Price / SF$165.70
Days on Market2
Property Features for 136 E Boulevard Street
General Information
Standard status
Active
Size
1,720 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Highland
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Amenities
deck
Building Details
Year Built
1944
Buildings
1
Stories
2
Listing Agency:
Danie LaRue, OmniMain Realty
Listed By:
Moomaw Realty Group
(903) 880-3989
Source:
Moomawteam
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 30 at 1:32PM
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 Danie LaRue, OmniMain Realty
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Investment Insights
Based on property information with market context.
This 1,720-square-foot duplex, built in 1944, has two stories and two residences. The downstairs unit contains three bedrooms and one full bath; the upstairs unit has two bedrooms and one full bath. Both units have been updated and include a refrigerator, microwave, and stackable washer and dryer. A deck serves the upstairs residence.
The roof, HVAC systems, and water heaters are each less than three years old. The property has maintained occupancy over several years.
The roof, HVAC systems, and water heaters are each less than three years old. The property has maintained occupancy over several years.
Key Highlights
- Two‑unit duplex totaling 1,720 square feet
- Downstairs unit: 3 bedrooms and 1 full bath; upstairs unit: 2 bedrooms and 1 full bath
- Roof, HVAC systems, and water heaters are less than three years old
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,184
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,680
$283.7K
Cap Rate 7%
$202,629
$202.6K
Cap Rate 9%
$157,600
$157.6K
Market Conditions
NOI Build-Up for 1,720 SF
Gross rent
$21.7K $12.60/SF
− Vacancy
−$1.4K −$0.82/SF
EGI
$20.3K $11.78/SF
− OpEx
−$6.1K −$3.53/SF
NOI
$14.2K $8.25/SF
Area
Shreveport, LA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,680
Cap Rate 7%
$202,629
Cap Rate 9%
$157,600
Alternative Uses
Best Use
Multifamily LT 5
$202.6K
$177.3K – $236.4K
NOI $14,184 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$182.5K
$159.7K – $213.0K
NOI $12,778 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$363.0K
$317.7K – $423.5K
NOI $25,412 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The two-story layout pairs a three-bedroom residence with a separate two-bedroom unit, each with one full bath.
Where is this duplex located?
The property is located at 136 E Boulevard Street Shreveport, LA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,720 square feet; Downstairs unit: 3 bedrooms and 1 full bath; upstairs unit: 2 bedrooms and 1 full bath; Roof, HVAC systems, and water heaters are less than three years old
