Renovated 2-Unit
For Sale
$195,000
2925 Holly St, Shreveport, LA 71104
Two occupied residences feature updated building systems, cabinetry, flooring, and paint.
Property Size1,796 SF
Price / SF$108.57
Days on Market8
Property Features for 2925 Holly St
General Information
Standard status
Active
Size
1,796 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1993
Listing Agency:
RE/MAX UNITED
Listed By:
Rachel Pacheco · License #0995687040
(318) 684-3030
Source:
Findtexashomesforsale
Added: Oct 1
Changed: Oct 7
Last Checked: Oct 7 at 1:56PM
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 RE/MAX UNITED
Investment Insights
Based on property information with market context.
Built in 1993, this Shreveport duplex contains 1,796 square feet across two separate residences. Each unit has two bedrooms and one bathroom, and both are tenant-occupied. Improvements include a replacement roof, updated electrical and plumbing systems, and replacement HVAC systems. Updated cabinetry, vinyl plank flooring, and fresh interior and exterior paint round out the work completed at the property.
The property is at 2925 Holly St in Shreveport’s Highland neighborhood. Centenary College, shopping, dining, medical facilities, and downtown Shreveport are identified as nearby destinations.
The property is at 2925 Holly St in Shreveport’s Highland neighborhood. Centenary College, shopping, dining, medical facilities, and downtown Shreveport are identified as nearby destinations.
Key Highlights
- Two tenant‑occupied units, each with 2 bedrooms and 1 bathroom
- 1,796 square feet total
- Replacement roof, updated electrical and plumbing, and replacement HVAC systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,811
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,220
$296.2K
Cap Rate 7%
$211,586
$211.6K
Cap Rate 9%
$164,567
$164.6K
Market Conditions
NOI Build-Up for 1,796 SF
Gross rent
$22.6K $12.60/SF
− Vacancy
−$1.5K −$0.82/SF
EGI
$21.2K $11.78/SF
− OpEx
−$6.3K −$3.53/SF
NOI
$14.8K $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%
$296,220
Cap Rate 7%
$211,586
Cap Rate 9%
$164,567
Alternative Uses
Best Use
Multifamily LT 5
$211.6K
$185.1K – $246.9K
NOI $14,811 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$190.6K
$166.8K – $222.4K
NOI $13,342 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$379.1K
$331.7K – $442.3K
NOI $26,535 @ 7.0% cap · market cap 13.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied residences feature updated building systems, cabinetry, flooring, and paint.
Where is this duplex located?
The property is located at 2925 Holly St Shreveport, LA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two tenant‑occupied units, each with 2 bedrooms and 1 bathroom; 1,796 square feet total; Replacement roof, updated electrical and plumbing, and replacement HVAC systems
