Residential Rental
For Sale
Under Contract
$59,000
147 E Herndon Street, Shreveport, LA 71101
ResidentialIncome, Shreveport, LA
Property SizeContact for details
Lot Size0.16 Acres
Days on Market58
Property Features for 147 E Herndon Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Subdivision
Beverly Hills Sub
Elementary school district
Caddo PSB
Middle school district
Caddo PSB
High school district
Caddo PSB
Directions
USE GPS
Standard status
Active Under Contract
APN
171306007005500
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
LOT 55, BEVERLY HILLS SUB 171306-7-55
Legal Description
LOT 55, BEVERLY HILLS SUB 171306-7-55
Utilities
Sewer type
Public Sewer
Building Details
Year built
1988
Floors in Building
1
Number of units
1
Listing Agency:
Pinnacle Realty Advisors
(318) 233-1045
Listed By:
Lee Nugent · License #0995695038
(318) 347-3332
Added: Jun 29
Changed: Aug 20
Last Checked: Aug 25 at 9:06PM
MLS# 21302691
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.
Investment Insights
Based on property information with market context.
Offered as a package sale only, this portfolio totals 49 properties and 50 residential units, consisting mostly of single-family rental homes. The unit mix includes 1- through 4-bedroom configurations, with the current portfolio composition spanning occupied units, renewed leases, Section 8 participation, and value-add vacant units. The seller represents that many leases extend into 2026 and 2027, and that current and future collections depend on leasing, renewals, vacancies, and rent adjustments over time.
The properties are located in Shreveport Bossier City, Louisiana within Caddo Parish, and the sale is structured to be submitted only as one complete offering. The rent roll provided reflects current rental income of approximately $34,905 per month, or $418,860 annualized, with projected stabilized rent of approximately $50,056 per month, or $600,672 annually, once vacant units are leased and rents move closer to target levels. Estimated 2025 insurance is $24,102.92, and estimated 2025 city and parish taxes total $26,500.16.
This portfolio is designed for buyers who can evaluate unit-level rent, occupancy, and value-add opportunities tied to leasing vacant inventory and renewing tenants. Financials, rent roll, and property-level details are available to qualified buyers upon request, and buyers must provide proof of funds or lender preapproval before receiving full documentation or scheduling access. The seller does not offer creative financing options and requests that tenants not be disturbed.
The properties are located in Shreveport Bossier City, Louisiana within Caddo Parish, and the sale is structured to be submitted only as one complete offering. The rent roll provided reflects current rental income of approximately $34,905 per month, or $418,860 annualized, with projected stabilized rent of approximately $50,056 per month, or $600,672 annually, once vacant units are leased and rents move closer to target levels. Estimated 2025 insurance is $24,102.92, and estimated 2025 city and parish taxes total $26,500.16.
This portfolio is designed for buyers who can evaluate unit-level rent, occupancy, and value-add opportunities tied to leasing vacant inventory and renewing tenants. Financials, rent roll, and property-level details are available to qualified buyers upon request, and buyers must provide proof of funds or lender preapproval before receiving full documentation or scheduling access. The seller does not offer creative financing options and requests that tenants not be disturbed.
Key Highlights
- 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (mostly single‑family rentals) with a mix of occupied, renewed, Section 8, and value‑add vacant units.
- Rent roll shows approximately $34,905/month current income ($418,860 annualized).
- Projected stabilized rent is approximately $50,056/month ($600,672 annually) after vacant unit leasing and rent alignment to target levels.
Property Analytics
Property Profile
Current Use
Lease Details
50
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
Explore this area
Business Placement
Demographics for 71101, LA
6,560
Population
4,548
Households
1.4
Avg Household Size
41
Median Age
13%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
1,562
Density / Sq Mi
$17,924
Median Household Income
$32,135
Median Earnings
$714
Median Rent
$86,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Package sale includes 50 residential units across mostly single-family rentals with a mix of occupied and vacant inventory.
Where is this single family property located?
The property is located at 147 E Herndon Street Shreveport, LA.
What is the asking price?
The asking price for this property is $59,000.
What are key features of this property?
This property features: 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (mostly single‑family rentals) with a mix of occupied, renewed, Section 8, and value‑add vacant units.; Rent roll shows approximately $34,905/month current income ($418,860 annualized).; Projected stabilized rent is approximately $50,056/month ($600,672 annually) after vacant unit leasing and rent alignment to target levels.
