Two-Unit Duplex with
For Sale
Contact for pricing
1914 Milam Street Unit A & B, Shreveport, LA 71103
Each residence offers two bedrooms, formal living space, separate dining, and one bathroom.
Property Size1,500 SF
Price / SF$16.33
Days on Market314
Property Features for 1914 Milam Street Unit A & B
General Information
Standard status
Active
Size
1,500 SF
Total Parking Spaces
2
Property subtype
Multi-Family / Full Duplex
Property Condition
Severity
Repairs Needed
Evidence
Some work needed
Site & Location
Neighborhood
Allendale
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
back yard
Electric
Wood
Other
No
Asphalt
One
1
Pillar/Post/Pier
2
Building Details
Year Built
1955
Buildings
1
Listing Agency:
Tahira & Associates Realty Inc
Listed By:
Tahira Abdul-Rahman · License #0000000058
(318) 840-4916
Source:
Compass
Added: Dec 17, 2025
Changed: Oct 27
Last Checked: Oct 26 at 7:18PM
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 Tahira & Associates Realty Inc
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Investment Insights
Based on property information with market context.
Built in 1955, this duplex contains two separate residences with a combined 1,500 square feet. Each unit provides two bedrooms, a formal living room, a separate dining room, and one bathroom. The property also includes a large backyard and wood exterior elements.
The building is positioned near schools, churches, bus service, I-49, and downtown Shreveport. Some work is needed before the units are ready for rent, and the property is being offered in its existing condition.
The building is positioned near schools, churches, bus service, I-49, and downtown Shreveport. Some work is needed before the units are ready for rent, and the property is being offered in its existing condition.
Key Highlights
- Two‑unit duplex with 1,500 square feet total
- Two bedrooms, formal living room, separate dining room, and one bathroom per unit
- Large backyard included with the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,143
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,860
$222.9K
Cap Rate 7%
$159,186
$159.2K
Cap Rate 9%
$123,811
$123.8K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$21.6K $14.40/SF
− Vacancy
−$1.3K −$0.89/SF
EGI
$20.3K $13.51/SF
− OpEx
−$9.1K −$6.08/SF
NOI
$11.1K $7.43/SF
Area
Shreveport, LA
Vacancy
6.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,860
Cap Rate 7%
$159,186
Cap Rate 9%
$123,811
Alternative Uses
Best Use
Multifamily LT 5
$176.7K
$154.6K – $206.2K
NOI $12,370 @ 7.0% cap · market cap 50.49%
Second Best
Apartment 5plus
$159.2K
$139.3K – $185.7K
NOI $11,143 @ 7.0% cap · market cap 45.48%
Theoretical Best
Office A
$316.6K
$277.0K – $369.4K
NOI $22,162 @ 7.0% cap · market cap 90.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
Explore this area
Business Placement
Demographics for 71103, LA
6,362
Population
3,264
Households
1.9
Avg Household Size
44
Median Age
13%
College-Educated
73%
High-School Grad
3.9 sq mi
ZIP Area
1,631
Density / Sq Mi
$27,958
Median Household Income
$23,622
Median Earnings
$827
Median Rent
$74,200
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 - Each residence offers two bedrooms, formal living space, separate dining, and one bathroom.
Where is this duplex located?
The property is located at 1914 Milam Street Unit A & B Shreveport, LA.
What are key features of this property?
This property features: Two‑unit duplex with 1,500 square feet total; Two bedrooms, formal living room, separate dining room, and one bathroom per unit; Large backyard included with the property
