Residential Rental Portfolio
For Sale
Under Contract
$62,000
445 Wichita Street, Shreveport, LA 71101
ResidentialIncome, Shreveport, LA
Property SizeContact for details
Lot Size0.12 Acres
Days on Market55
Property Features for 445 Wichita Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Subdivision
Howard Cole Sub
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
USE GPS
Standard status
Active Under Contract
APN
171306044001400
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
LOT 14, BLK 9, HOWARD COLE SUBN. 171306-44-14
Legal Description
LOT 14, BLK 9, HOWARD COLE SUBN. 171306-44-14
Utilities
Sewer type
Public Sewer
Building Details
Year built
1990
Floors in Building
1
Number of units
1
Listing Agency:
Pinnacle Realty Advisors
(318) 233-1045
Listed By:
Lee Nugent · License #0995695038
(318) 347-3332
Added: Jun 29
Changed: Aug 20
Last Checked: Aug 22 at 5:06PM
MLS# 21299506
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Investment Insights
Based on property information with market context.
Offered as a package sale only, this portfolio includes 49 residential properties totaling 50 rental units. The mix is mostly single-family rental homes, with units currently occupied, renewed, Section 8, and vacant value-add inventory. Bedroom counts range from 1-bedroom units to 4-bedroom homes, and many leases extend into 2026 and 2027. Per the provided rent roll, current rental income is approximately $34,905 per month ($418,860 annualized), with projected stabilized rent of approximately $50,056 per month ($600,672 annually) once vacant units are leased and rents are moved closer to target levels. Estimated 2025 operating costs provided include insurance of $24,102.92 and city/parish taxes of $26,500.16. Financials and rent-roll detail are available to qualified buyers upon request.
The portfolio is located in Shreveport/Bossier City, Louisiana (Caddo Parish). The seller’s terms limit consideration to cash, DSCR, portfolio loans, or verifiable third-party financing; no creative financing or owner-financed structures are offered. Full documentation and scheduling are contingent on buyer proof of funds or lender preapproval.
This property is positioned for buyers seeking a residential rental portfolio with a mix of in-place leases and opportunities tied to leasing vacant units and completing turns/inspections, along with renewing tenants at rent levels supported by the portfolio’s targets. Tenant access is restricted and please do not disturb tenants.
The portfolio is located in Shreveport/Bossier City, Louisiana (Caddo Parish). The seller’s terms limit consideration to cash, DSCR, portfolio loans, or verifiable third-party financing; no creative financing or owner-financed structures are offered. Full documentation and scheduling are contingent on buyer proof of funds or lender preapproval.
This property is positioned for buyers seeking a residential rental portfolio with a mix of in-place leases and opportunities tied to leasing vacant units and completing turns/inspections, along with renewing tenants at rent levels supported by the portfolio’s targets. Tenant access is restricted and please do not disturb tenants.
Key Highlights
- Residential portfolio package sale: 50 total units across 49 properties in Shreveport/Bossier City, LA
- Current rental income approximately $34,905 per month ($418,860 annualized) per provided rent roll
- Projected stabilized rent approximately $50,056 per month ($600,672 annually) after leasing vacant units and moving rents toward target levels
Property Analytics
Property Profile
Current Use
Lease Details
50
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,400
Businesses Nearby
Explore this area
Business Placement
Demographics for 71101, LA
6,560
Population
4,548
Households
1.4
Avg Household Size
41
Median Age
13%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
1,562
Density / Sq Mi
$17,924
Median Household Income
$32,135
Median Earnings
$714
Median Rent
$86,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - For-sale 50-unit residential portfolio offered as a complete package, featuring occupied, renewed, Section 8, and vacant units.
Where is this single family property located?
The property is located at 445 Wichita Street Shreveport, LA.
What is the asking price?
The asking price for this property is $62,000.
What are key features of this property?
This property features: Residential portfolio package sale: 50 total units across 49 properties in Shreveport/Bossier City, LA; Current rental income approximately $34,905 per month ($418,860 annualized) per provided rent roll; Projected stabilized rent approximately $50,056 per month ($600,672 annually) after leasing vacant units and moving rents toward target levels
