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Multi-Family Residential Portfolio Package
For Sale
Under Contract
$51,000

257 Egan Street, Shreveport, LA 71101

ResidentialIncome, Shreveport, LA

Property SizeContact for details
Lot Size0.16 Acres
Days on Market58

Property Features for 257 Egan Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking 2
Subdivision Turner 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 171305015000500
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description LOT 5, TURNER SUB., UNIT B 171305-15-5
Legal Description LOT 5, TURNER SUB., UNIT B 171305-15-5

Utilities

Sewer type Public Sewer

Building Details

Year built 1988
Floors in Building 1
Number of units 1
Listing Agency: Pinnacle Realty Advisors
Listed By: Lee Nugent · License #0995695038
Added: Jun 29 Changed: Aug 20 Last Checked: Aug 25 at 9:06PM
MLS# 21302452

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.

This offering is a residential income portfolio consisting of 49 properties and 50 total units, including mostly single-family rental homes. The mix includes occupied units, renewed tenants, Section 8 participation, and value-add vacant units. Bedroom counts range from 1 bedroom units through 4-bedroom homes, with many leases extending into 2026 and 2027. Based on the provided rent roll, current rental income is approximately $34,905 per month (about $418,860 annualized), with projected stabilized rent of approximately $50,056 per month (about $600,672 annually) once vacant units are leased and rents are moved closer to target levels.

The portfolio is located in Shreveport and Bossier City, Louisiana (Caddo Parish noted), and is presented for sale at the package level only. The seller discourages individual offers and states that no creative financing, seller financing, or owner-financed terms are available. Buyers must use cash, DSCR, a portfolio loan, or verifiable third-party financing; proof of funds or lender preapproval is required before receiving full documentation or scheduling access. Tenants should not be disturbed.

For investors seeking a residential rental portfolio with an immediate income base and a built-in plan to address vacancy through leasing and turnover activities, this multi-property package provides a diversified unit mix and a stated path toward stabilized occupancy and rent levels based on the provided rent roll and projections.

Key Highlights

  • Residential portfolio package sale only: 50 total units across 49 properties in Shreveport‑Bossier City, LA
  • Current rental income is approximately $34,905 per month ($418,860 annualized) per provided rent roll
  • Projected stabilized rent is approximately $50,056 per month ($600,672 annually) after leasing vacant units and moving rents toward target levels

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Portfolio of 50 rental units across mostly single-family homes, offered as a one-package sale with current and projected income.
Where is this single family property located?
The property is located at 257 Egan Street Shreveport, LA.
What is the asking price?
The asking price for this property is $51,000.
What are key features of this property?
This property features: Residential portfolio package sale only: 50 total units across 49 properties in Shreveport‑Bossier City, LA; Current rental income is approximately $34,905 per month ($418,860 annualized) per provided rent roll; Projected stabilized rent is approximately $50,056 per month ($600,672 annually) after leasing vacant units and moving rents toward target levels
More about this property
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