Two-Story
New
For Sale
$285,000
4114 Cherokee Street, Shreveport, LA 71109
ResidentialIncome, Shreveport, LA
Property Size3,192 SF
Lot Size0.37 Acres
Price / SF$89.29
Days on Market4
Property Features for 4114 Cherokee Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 6, Bedroom 8, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 5
Parking
5
Parking features
Parking Lot
Interior features
HighSpeedInternet, CableTv
Appliances
Dishwasher
Subdivision
Magnolia Add
Elementary school
Caddo ISD Schools
Middle school
Caddo ISD Schools
High school
Caddo ISD Schools
Elementary school district
Caddo PSB
Middle school district
Caddo PSB
High school district
Caddo PSB
Directions
GPS
Standard status
Active
APN
171410101002600
Lot size
0.37 Acres
Taxes and HOA fees
Tax Description
LOTS 19, 20 & 21 & 1/2 ABANDONED ALLEY ADJOIN
Tax Annual Amount
1131
Legal Description
LOTS 19, 20 & 21 & 1/2 ABANDONED ALLEY ADJOIN
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1980
Floors in Building
2
Number of units
4
Flooring type
Tile
Building materials
BoardAndBattenSiding
Roof type
Composition
Listing Agency:
RE/MAX UNITED
(318) 684-3030
Listed By:
Rachel Pacheco · License #0995687040
(318) 746-0011
Added: Oct 4
Changed: Oct 5
Last Checked: Oct 7 at 9:06AM
MLS# 21403120
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.
Built in 1980, this two-story fourplex contains four residential units across approximately 3,192 square feet. Each unit has two bedrooms and one bathroom, along with tile flooring, central heating and air conditioning, washer and dryer connections, and updated kitchens and bathrooms. The property occupies 0.372 acres and has a parking lot.
Public water and sewer serve the property. Rental activity has taken place at the building, and its four separate units provide a residential income configuration.
Public water and sewer serve the property. Rental activity has taken place at the building, and its four separate units provide a residential income configuration.
Key Highlights
- Four separate residential units, each with two bedrooms and one bathroom
- Approximately 3,192 square feet in a two‑story building
- 0.372‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,713
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,260
$474.3K
Cap Rate 7%
$338,757
$338.8K
Cap Rate 9%
$263,478
$263.5K
Market Conditions
NOI Build-Up for 3,192 SF
Gross rent
$46.0K $14.40/SF
− Vacancy
−$2.8K −$0.89/SF
EGI
$43.1K $13.51/SF
− OpEx
−$19.4K −$6.08/SF
NOI
$23.7K $7.43/SF
Area
Shreveport, LA
Vacancy
6.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,260
Cap Rate 7%
$338,757
Cap Rate 9%
$263,478
Alternative Uses
Best Use
Multifamily LT 5
$376.0K
$329.0K – $438.7K
NOI $26,323 @ 7.0% cap · market cap 9.24%
Second Best
Apartment 5plus
$338.8K
$296.4K – $395.2K
NOI $23,713 @ 7.0% cap · market cap 8.32%
Theoretical Best
Office A
$673.7K
$589.5K – $786.0K
NOI $47,160 @ 7.0% cap · market cap 16.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
Explore this area
Business Placement
Demographics for 71109, LA
18,414
Population
9,099
Households
2
Avg Household Size
39
Median Age
14%
College-Educated
83%
High-School Grad
12.8 sq mi
ZIP Area
1,439
Density / Sq Mi
$31,309
Median Household Income
$25,695
Median Earnings
$896
Median Rent
$91,800
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer two-bedroom, one-bathroom layouts with central heating and air conditioning.
Where is this quadplex located?
The property is located at 4114 Cherokee Street Shreveport, LA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Four separate residential units, each with two bedrooms and one bathroom; Approximately 3,192 square feet in a two‑story building; 0.372‑acre parcel
