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Residential Rental Portfolio Opportunity
For Sale
$73,000

620 E 84th Street, Shreveport, LA 71106

MULTI_FAMILY - Shreveport, LA

Property SizeContact for details
Lot Size0.12 Acres
Days on Market46

Property Features for 620 E 84th Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking 2
Subdivision Eden Gardens South
Elementary school district Caddo PSB
Middle school district Caddo PSB
High school district Caddo PSB
Directions USE GPS
Standard status Active
APN 171338044000600
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description LOT 6, EDEN GARDENS SOUTH 171338-44-6
Legal Description LOT 6, EDEN GARDENS SOUTH 171338-44-6

Utilities

Sewer type Public Sewer

Building Details

Year built 2005
Floors in Building 1
Number of units 1
Listing Agency: Pinnacle Realty Advisors
Listed By: Lee Nugent · License #0995695038
Added: Jun 29 Changed: Aug 1 Last Checked: Aug 13 at 12:06AM
MLS# 21302425

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.

Residential income portfolio for sale, presented as a package only: 49 properties totaling 50 residential units in Shreveport/Bossier City, Louisiana. The portfolio is primarily made up of single-family rental homes and includes a mix of occupied units, units with renewed leases, Section 8 tenants, and value-add vacant inventory. Bedroom counts range from 1 to 4 bedrooms, with many leases extending into 2026 and 2027. The seller’s rent roll indicates approximately $34,905 in current monthly rental income, or $418,860 annualized, with projected stabilized rent of approximately $50,056 per month, or $600,672 annually, once vacant units are leased and rents are moved closer to target levels.

The properties are located within Caddo Parish and are offered with documentation available to qualified buyers upon request. The seller requires proof of funds or lender preapproval before providing full documentation or scheduling access. Tenants should not be disturbed.

This offering may fit investors seeking a manageable, residential rental mix with near-term collection already in place through occupied and renewed units, plus an identified component of vacant-unit leasing and turn/inspection work. The seller indicates value-add tasks centered on leasing vacant inventory, completing turns or inspections, renewing tenants at market-supported rent levels, and tightening operations. Financing terms are limited to cash, DSCR, portfolio loans, or verifiable third-party financing; no seller financing, creative financing, or owner-financed terms are offered.

Key Highlights

  • 49‑property, 50‑unit residential portfolio in Shreveport/Bossier City, LA offered as a package only
  • Public sewer; Year built listed as 2005
  • Current rental income of approximately $34,905 per month ($418,860 annualized)

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Pharmacy Spa & Massage Center

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
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

190
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Multi-family residential portfolio with 50 units across mostly single-family rentals, including occupied, renewed, and Section 8 homes.
Where is this single family property located?
The property is located at 620 E 84th Street Shreveport, LA.
What is the asking price?
The asking price for this property is $73,000.
What are key features of this property?
This property features: 49‑property, 50‑unit residential portfolio in Shreveport/Bossier City, LA offered as a package only; Public sewer; Year built listed as 2005; Current rental income of approximately $34,905 per month ($418,860 annualized)
More about this property
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