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    Residential Income Portfolio with 50 Units Title is generated by Realmo AI

    332 Prospect Street, Shreveport, LA 71104

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    Claim this Listing
    For Sale
    $52,000

    MULTI_FAMILY - Shreveport, LA

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

    Property Features for 332 Prospect Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    2
    Standard status
    Active
    APN
    171306093001900
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Description
    LOT 19, BLK 6, UNIVERSITY HTS SUB 171306-93-1
    Tax Annual Amount
    1091

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Year built
    2021
    Floors in Building
    1
    Number of units
    1

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    Contact an agent
    Lee Nugent

    Listing agent Lee Nugent

    Listing office Pinnacle Realty Advisors Shreveport, LA

    Listing date Jun 29, 2026

    MLS# 21299527 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

    • 49‑property, 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (package sale only).
    • Mostly single‑family rental homes with a mix of occupied units, renewed units, Section 8 units, and value‑add vacant units.
    • Current rental income is approximately $34,905/month ($418,860 annualized) per the provided rent roll.
    • Projected stabilized rent is approximately $50,056/month ($600,672 annually) after vacant leasing and rent alignment to target levels.
    • Leases extend into 2026 and 2027 on many units; bedroom mix ranges from 1 to 4 bedrooms.
    • Seller‑provided estimates: 2025 insurance of $24,102.92 and 2025 city/parish taxes of $26,500.16.

    Overview

    This listing is offered as a package-only residential income portfolio comprising 49 properties and 50 total units. The portfolio is mostly single-family rental housing, with a mix of occupied, renewed, Section 8, and value-add vacant units. Unit bedroom counts range from 1 bedroom through 4 bedroom homes, and many leases extend 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. Estimated 2025 insurance is $24,102.92 and estimated 2025 city and parish taxes are $26,500.16.

    The portfolio is located in the Shreveport-Bossier City, LA area, in Caddo Parish, with documentation and rent-roll details available to qualified buyers. The seller requests that buyers not disturb tenants. Full documentation and scheduling property access are provided only after proof of funds or lender preapproval is received.

    The property structure supports operators focused on leasing vacant inventory, completing turns or inspections, and renewing tenants at market-supported rent levels as vacancies and lease terms change. The seller is not offering creative financing, subject-to, wrap, lease option, or owner financing; acceptable consideration is limited to cash, DSCR, portfolio loans, or verifiable third-party financing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency HVAC Service Building Supply Auto Parts Store Electrical Service Cafe & Coffee Shop Furniture & Home Goods Skin Care Clinic Dental Office (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.737105
    Latitude
    32.487887

    FAQs

    What type of property is this?
    Single family property - Package sale of a residential portfolio featuring mostly single-family rentals with occupied and vacant units.
    Where is this single family property located?
    The property is located at 332 Prospect Street Shreveport, LA.
    What is the asking price?
    The asking price for this property is $52,000.
    What are key features of this property?
    This property features: 49‑property, 50‑unit residential rental portfolio in Shreveport/Bossier City, LA (package sale only).; Mostly single‑family rental homes with a mix of occupied units, renewed units, Section 8 units, and value‑add vacant units.; Current rental income is approximately $34,905/month ($418,860 annualized) per the provided rent roll.
    More about this property
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