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Residential Income Portfolio Package
For Sale
Under Contract
$56,000

4332 Magazine Street, Shreveport, LA 71108

ResidentialIncome, Shreveport, LA

Property SizeContact for details
Lot Size0.14 Acres
Days on Market55

Property Features for 4332 Magazine Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking 2
Subdivision Caddo 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 171413009001900
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description LOT 19, CADDO HTS SUB UNIT 2
Legal Description LOT 19, CADDO HTS SUB UNIT 2

Utilities

Sewer type Public Sewer

Building Details

Year built 1990
Floors in Building 1
Number of units 1
Listing Agency: Pinnacle Realty Advisors
Listed By: Lee Nugent · License #0995695038
Added: Jun 29 Changed: Aug 20 Last Checked: Aug 22 at 10:06PM
MLS# 21302307

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.

For sale as a package only, this residential income portfolio totals 49 properties and 50 residential units, with the majority configured as single-family rental homes. The unit mix includes 1- through 4-bedroom residences, with current leasing comprised of occupied units, renewed tenants, Section 8 units, and a portion of value-add vacant inventory. The provided rent roll indicates current rental income of approximately $34,905 per month, or $418,860 annualized, with many leases extending into 2026 and 2027. The portfolio’s projected stabilized rent is approximately $50,056 per month, or $600,672 annually, assuming vacant units are leased and rents move closer to the stated target levels. Estimated 2025 insurance is $24,102.92 and estimated 2025 city and parish taxes are $26,500.16.

The offering is located in the Shreveport/Bossier City area of Louisiana, and due diligence materials, rent roll, and property-level details are available to qualified buyers upon request. The seller requests that tenants not be disturbed. Full documentation and access require proof of funds or lender preapproval before scheduling or receiving the complete package.

This portfolio may fit investors or operators seeking a multi-property rental platform with a practical blend of in-place occupancy and units requiring leasing and turnover activity. Based on the seller-provided summary, the value-add approach centers on stabilizing vacant homes, completing turns or inspections as needed, and renewing tenants with market-supported rents, along with tightening day-to-day operations across the portfolio.

Key Highlights

  • 50‑unit residential rental portfolio in Shreveport/Bossier City, LA, mostly single‑family rentals
  • 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 leasing vacant units and moving rents toward targets

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Bakery Electrical Service (Bike/Boat/Book/etc) Store Daycare Center HVAC Service

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

50
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

474
Businesses Nearby

Demographics for 71108, LA

17,727
Population
8,341
Households
2.1
Avg Household Size
35
Median Age
7%
College-Educated
78%
High-School Grad
8.5 sq mi
ZIP Area
2,086
Density / Sq Mi
$32,116
Median Household Income
$25,575
Median Earnings
$1,075
Median Rent
$81,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Single family property - Fifty-unit Shreveport/Bossier residential income portfolio with a mix of occupied, renewed, Section 8, and vacant homes.
Where is this single family property located?
The property is located at 4332 Magazine Street Shreveport, LA.
What is the asking price?
The asking price for this property is $56,000.
What are key features of this property?
This property features: 50‑unit residential rental portfolio in Shreveport/Bossier City, LA, mostly single‑family rentals; 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 leasing vacant units and moving rents toward targets
More about this property
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