Residential Rental Portfolio
For Sale
Under Contract
$87,000
328 Prospect Street, Shreveport, LA 71104
ResidentialIncome, Shreveport, LA
Property SizeContact for details
Lot Size0.12 Acres
Days on Market60
Property Features for 328 Prospect Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
3
Subdivision
University Heights 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
171306093001800
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
LOT 18, BLK 6, UNIVERSITY HTS SUB 171306-93-1
Legal Description
LOT 18, BLK 6, UNIVERSITY HTS SUB 171306-93-1
Utilities
Sewer type
Public Sewer
Building Details
Year built
1992
Floors in Building
1
Number of units
2
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 27 at 9:06PM
MLS# 21299441
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 49-property, 50-unit residential rental portfolio being sold as one complete package only. The mix includes mostly single-family rental homes, with a combination of occupied units, renewed leases, Section 8 units, and value-add vacant inventory. Bedroom counts range from 1-bedroom units through 4-bedroom homes, and many leases extend into 2026 and 2027, based on the provided rent roll.
The portfolio is located in the Shreveport-Bossier City area of Louisiana within Caddo Parish, with due diligence materials available to qualified buyers upon request. Current rental income is approximately $34,905 per month, or $418,860 annualized, and projected stabilized rent is approximately $50,056 per month, or $600,672 annually, assuming vacant units are leased and rents are moved closer to target levels. Estimated 2025 insurance is $24,102.92, and estimated 2025 city and parish taxes are $26,500.16. Rental income may change as units may be leased, renewed, vacated, or adjusted during the listing period.
The seller is seeking cash, DSCR, portfolio loan, or verifiable third-party financing only; no creative financing, seller financing, subject-to, wrap, lease option, or owner-financed terms are offered. Buyer must provide proof of funds or lender preapproval before receiving full documentation or scheduling access. Please do not disturb tenants.
The portfolio is located in the Shreveport-Bossier City area of Louisiana within Caddo Parish, with due diligence materials available to qualified buyers upon request. Current rental income is approximately $34,905 per month, or $418,860 annualized, and projected stabilized rent is approximately $50,056 per month, or $600,672 annually, assuming vacant units are leased and rents are moved closer to target levels. Estimated 2025 insurance is $24,102.92, and estimated 2025 city and parish taxes are $26,500.16. Rental income may change as units may be leased, renewed, vacated, or adjusted during the listing period.
The seller is seeking cash, DSCR, portfolio loan, or verifiable third-party financing only; no creative financing, seller financing, subject-to, wrap, lease option, or owner-financed terms are offered. Buyer must provide proof of funds or lender preapproval before receiving full documentation or scheduling access. Please do not disturb tenants.
Key Highlights
- Residential portfolio package: 50 total units across 49 properties in Shreveport‑Bossier City, LA (mostly single‑family rentals).
- Current rental income approximately $34,905/month ($418,860 annualized) per provided rent roll.
- Projected stabilized rent approximately $50,056/month ($600,672 annually) once vacant units are leased and rents align closer to target levels.
Property Analytics
Property Profile
Current Use
Lease Details
50
Residential units
Location Intelligence
Trade Area within ½ mile
867
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Portfolio of mostly single-family rental homes with a mix of occupied, renewed, Section 8, and vacant units.
Where is this single family property located?
The property is located at 328 Prospect Street Shreveport, LA.
What is the asking price?
The asking price for this property is $87,000.
What are key features of this property?
This property features: Residential portfolio package: 50 total units across 49 properties in Shreveport‑Bossier City, LA (mostly single‑family rentals).; Current rental income approximately $34,905/month ($418,860 annualized) per provided rent roll.; Projected stabilized rent approximately $50,056/month ($600,672 annually) once vacant units are leased and rents align closer to target levels.
