New
For Sale
$90,000
331 W 75th Street, Shreveport, LA 71106
Built in 1983, the property includes an eat-in kitchen and additional parking.
Property Size910 SF
Days on Market7
Property Features for 331 W 75th Street
General Information
Standard status
Active
Size
910 SF
Total Parking Spaces
1
Property subtype
Residential Income
Net Operating Income
$17,000
Taxes and HOA fees
Annual Taxes
$183
Amenities
Electric, Other
Electric
Built-In Gas Range
Eat-in Kitchen, Open Floorplan, High Speed Internet
Additional Parking
Building Details
Building Size
910 SF
Year Built
1983
Buildings
1
Listing Agency:
Salter Real Estate Group/ DBA Century 21 Elite
Listed By:
Jan Smith · License #0099562742
(318) 272-3197
Source:
Evrealestate
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 5 at 4:48PM
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 Salter Real Estate Group/ DBA Century 21 Elite
Investment Insights
Based on property information with market context.
This duplex was built in 1983 and features an open floorplan with an eat-in kitchen. Interior details include a built-in gas range and electric service, along with high-speed internet. Additional parking is available on the property.
Key Highlights
- Duplex property built in 1983
- Open floorplan with eat‑in kitchen
- Built‑in gas range and electric service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,504
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$150,080
$150.1K
Cap Rate 7%
$107,200
$107.2K
Cap Rate 9%
$83,378
$83.4K
Market Conditions
NOI Build-Up for 910 SF
Gross rent
$11.5K $12.60/SF
− Vacancy
−$745 −$0.82/SF
EGI
$10.7K $11.78/SF
− OpEx
−$3.2K −$3.53/SF
NOI
$7.5K $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%
$150,080
Cap Rate 7%
$107,200
Cap Rate 9%
$83,378
Alternative Uses
Best Use
Multifamily LT 5
$107.2K
$93.8K – $125.1K
NOI $7,504 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$96.6K
$84.5K – $112.7K
NOI $6,760 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$192.1K
$168.1K – $224.1K
NOI $13,445 @ 7.0% cap · market cap 14.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Explore this area
Business Placement
Demographics for 71106, LA
34,906
Population
15,415
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
33.2 sq mi
ZIP Area
1,051
Density / Sq Mi
$77,724
Median Household Income
$48,949
Median Earnings
$890
Median Rent
$310,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Built in 1983, the property includes an eat-in kitchen and additional parking.
Where is this duplex located?
The property is located at 331 W 75th Street Shreveport, LA.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Duplex property built in 1983; Open floorplan with eat‑in kitchen; Built‑in gas range and electric service
