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Duplex with Balcony
For Sale
$135,000
Pending

4040 Gilbert Drive, Shreveport, LA 71106

MULTI_FAMILY - Shreveport, LA

Property SizeContact for details
Lot Size0.18 Acres
Days on Market355

Property Features for 4040 Gilbert Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4
Parking 2
Parking features Driveway
Interior features HighSpeedInternet
Exterior features Balcony
Appliances Dryer, Dishwasher, GasRange, Refrigerator, Washer
Subdivision College Hill Sub
Elementary school district Caddo PSB
Middle school district Caddo PSB
High school district Caddo PSB
Directions Use GPS
Standard status Pending
APN 171318023002100
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description LOT 12, BLK. C, COLLEGE HILL SUB., LESS WEST
Tax Annual Amount 2401
Legal Description LOT 12, BLK. C, COLLEGE HILL SUB., LESS WEST

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1945
Floors in Building 1
Number of units 2
Flooring type Vinyl, Wood, Carpet
Building materials WoodSiding
Roof type Asphalt
Listing Agency: Carl Adams & Associates
Listed By: Gail Adams · License #0912124965
Added: Sep 3, 2025 Changed: Aug 4 Last Checked: Aug 23 at 12:06PM
MLS# 21008022

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 duplex at 4040 Gilbert Drive provides two separate residential units with a similar layout. The ground floor unit is a 2-bedroom, 1-bath home that includes a two-car garage. The upstairs unit is also a 2-bedroom, 1-bath arrangement, with a shared laundry room. The property includes a balcony, high-speed internet, and finishes featuring wood, carpet, and vinyl flooring.

Utilities and services are provided through public water and public sewer. Heating is central electric, with central air conditioning using electric systems. Exterior construction is wood siding, and the roof is asphalt.

Built in 1945, this duplex is on a 0.175-acre lot and is served by a driveway. The property is described as not passing FHA, VA, or RD standards.

Key Highlights

  • 0.175‑acre lot with driveway access
  • Ground floor: 2 bedrooms, 1 bathroom, two‑car garage
  • Upstairs: 2 bedrooms, 1 bathroom with shared laundry room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Repair Shop HVAC Service Daycare Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

299
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units, balcony, shared laundry, and central electric heating and cooling.
Where is this duplex located?
The property is located at 4040 Gilbert Drive Shreveport, LA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 0.175‑acre lot with driveway access; Ground floor: 2 bedrooms, 1 bathroom, two‑car garage; Upstairs: 2 bedrooms, 1 bathroom with shared laundry room
More about this property
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