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    Residential Income Portfolio Package Title is generated by Realmo AI

    277 W 71st Street, Shreveport, LA 71106

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    For Sale
    $51,000

    MULTI_FAMILY - Shreveport, LA

    Lot size:
    0.17 Acres
    Added:
    Jun 29, 2026
    Days on Market:
    10
    Last Refresh:
    Jul 8 at 2:06 am

    Property Features for 277 W 71st Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    2
    Standard status
    Active
    APN
    171425044006100
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Description
    LOT 61, CEDAR GROVE ADDN. 171425-44-61

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Year built
    1983
    Floors in Building
    1
    Number of units
    1

    We can help!

    Contact an agent
    Lee Nugent

    Listing agent Lee Nugent

    Listing office Pinnacle Realty Advisors Shreveport, LA

    Listing date Jun 29, 2026

    MLS# 21299452 Listing URL

    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

    • 1983‑built 50‑unit residential portfolio in Shreveport‑Bossier City, LA, for sale as one complete package only.
    • Portfolio includes mostly single‑family rental homes with a mix of occupied, renewed, vacant value‑add, and Section 8 units.
    • Current rental income is approximately $34,905 per month ($418,860 annualized).
    • Projected stabilized rent is approximately $50,056 per month ($600,672 annually) once vacant units are leased and rents move toward targets.
    • Unit mix ranges from 1‑bedroom units to 4‑bedroom homes, with many leases extending into 2026 and 2027.
    • Utilities include public sewer; buyer must provide proof of funds or lender preapproval for rent roll and due diligence materials.

    Overview

    This offering is a residential income portfolio presented as a package only. The portfolio includes 49 properties and 50 residential units, consisting mostly of single-family rental homes with a mix of occupied, renewed, Section 8, and value-add vacant units. Bedroom counts range from 1-bedroom to 4-bedroom configurations. The rent roll reflects approximately $34,905 in monthly income, with an annualized figure of approximately $418,860, and a projected stabilized rent of approximately $50,056 per month and $600,672 annually once vacant units are leased and rents are moved closer to target levels.

    The portfolio is located in Shreveport-Bossier City, Louisiana, within Caddo Parish. Based on the provided documentation, many leases extend into 2026 and 2027. The seller notes that rental income can change as units are leased, renewed, vacated, or adjusted while the portfolio is listed. Estimated 2025 insurance is $24,102.92, and estimated 2025 city and parish taxes are $26,500.16.

    The property is best suited for buyers looking for a multi-property residential rental package and willing to manage a mix of occupied and vacant units through leasing, turns or inspections, and tenant renewals. The seller is not offering creative financing options; buyers must use cash, DSCR/portfolio lending, or verifiable third-party financing. Proof of funds or lender preapproval is required to receive full documentation and to schedule access, and tenants should not be disturbed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Accounting Firm Pharmacy Storage Facility Bakery Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.760775
    Latitude
    32.440694

    FAQs

    What type of property is this?
    Single family property - For sale portfolio of mostly single-family rental units with a mix of occupied, renewed, Section 8, and vacant homes.
    Where is this single family property located?
    The property is located at 277 W 71st 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: 1983‑built 50‑unit residential portfolio in Shreveport‑Bossier City, LA, for sale as one complete package only.; Portfolio includes mostly single‑family rental homes with a mix of occupied, renewed, vacant value‑add, and Section 8 units.; Current rental income is approximately $34,905 per month ($418,860 annualized).
    More about this property
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