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    2412 Highland Ave Shreveport, LA 71104
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    Property profile & analytics

    2412 Highland Ave, Shreveport, LA 71104

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    • Residential income homes
    Off-Market
    Property ID
    US36-0399381
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 2412 Highland Ave

    Property type
    Residential income homes

    Description

    This exceptional investment opportunity presents a portfolio of six single-family rental units located at 2412 Highland Ave, Shreveport, Louisiana, 71104. This Class C multifamily property is part of a larger portfolio totaling approximately 100 units, with this initial offering comprising 23 units. The asking price for this six-unit package is $405,234, representing a price per unit of $67,539. The units are predominantly in good condition and currently occupied, boasting a near-100% occupancy rate historically, with many long-term tenants. Significant capital expenditures have been invested in recent years, including new roofs on several properties. Two units at 2412 Highland Ave generate a combined monthly rent of $1525. This offering is structured for a 1031 exchange, requiring flexibility in closing timelines. A Letter of Intent (LOI) and proof of funds or pre-approval are necessary to schedule viewings. The seller is open to negotiating larger property packages. This is a rare chance to acquire a well-maintained, high-performing rental portfolio in a desirable Shreveport location. Individual unit pricing is available upon request. The total monthly rent for this six-unit portfolio is $4715.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.7398543
    Latitude
    32.488256

    Comparable in this City

    • $185,000
      0.15 Acres

      Four-Unit Multifamily with Two Buildings

      Well-maintained bones and two-building layout offer an attractive value-add opportunity for a 4-unit investor in Shreveport.
      2024 Highland Ave, Shreveport, LA 71104
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    • $96,500
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      Duplex Investment Property

      Well-maintained duplex featuring new roof, central heat and air, and a two-car covered carport.
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    • $155,000
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      Income-Producing Duplex Opportunity

      Two separate units offer a practical rental setup for investors or an owner-occupant house-hack strategy.
      733 Kirby Pl, Shreveport, LA 71104
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    • $205,000
      0.17 Acres

      Sixplex Apartment Building Income Opportunity

      Six-unit multifamily with a mix of 2BR and 1BR layouts and bill-paid upstairs units, ready for investor updates.
      2412 Pinehurst Blvd, Shreveport, LA 71104
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    • $199,000
      0.13 Acres

      Tenant-Occupied Triplex Investment

      Fully tenant occupied income-producing triplex in an established Shreveport neighborhood near daily conveniences and major roadways.
      2829 Highland Ave, Shreveport, LA 71104
      View Details
    • $165,000
      0.12 Acres

      Triplex Investment Opportunity

      Three-unit triplex with tenant-paid utilities, offering a mix of occupied and ready-for-occupancy units.
      313 Wilkinson St, Shreveport, LA 71104
      View Details

    Similar Nearby for Sale

    • $185,000
      0.15 Acres

      Four-Unit Multifamily with Two Buildings

      Well-maintained bones and two-building layout offer an attractive value-add opportunity for a 4-unit investor in Shreveport.
      2024 Highland Ave, Shreveport, LA 71104
      View Details
    • $96,500
      0.19 Acres

      Duplex Investment Property

      Well-maintained duplex featuring new roof, central heat and air, and a two-car covered carport.
      3805 Victory Dr, Shreveport, LA 71104
      View Details
    • $155,000
      0.14 Acres

      Income-Producing Duplex Opportunity

      Two separate units offer a practical rental setup for investors or an owner-occupant house-hack strategy.
      733 Kirby Pl, Shreveport, LA 71104
      View Details
    • $205,000
      0.17 Acres

      Sixplex Apartment Building Income Opportunity

      Six-unit multifamily with a mix of 2BR and 1BR layouts and bill-paid upstairs units, ready for investor updates.
      2412 Pinehurst Blvd, Shreveport, LA 71104
      View Details
    • $199,000
      0.13 Acres

      Tenant-Occupied Triplex Investment

      Fully tenant occupied income-producing triplex in an established Shreveport neighborhood near daily conveniences and major roadways.
      2829 Highland Ave, Shreveport, LA 71104
      View Details
    • Contact for pricing

      Shreveport Investment Property For Sale

      Two buildings with multiple units, great investment opportunity.
      744 Ratcliff St, Shreveport, LA 71104
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    Similar Nearby for Lease

    • Contact for pricing
      7,500 SF

      Shreveport Retail Space For Lease

      Retail spaces available in Shreveport, shadow-anchored by Walmart.
      1253-1293 Shreveport Barksdale Hwy, Shreveport, LA 71104
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      Mall St. Vincent Retail Opportunity

      Retail spaces available in Shreveport's Mall St. Vincent.
      1133 St Vincent Ave, Shreveport, LA 71104
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    • $600 /Mo
      10,890 SF

      Ground-Level Executive Office Suite

      All-inclusive office leasing with on-site parking, reception, and utilities included, with WiFi available separately.
      831 Kings Hwy, Shreveport, LA 71104
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    • $850 /Mo
      10,890 SF

      Executive Office Suite with Parking

      Ground-floor private office suite with reception and storage, available under an all-inclusive gross lease model.
      831 Kings Hwy, Shreveport, LA 71104
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    • Contact for pricing
      254 SF

      Office Space with Utilities Included

      Office space available with utilities and fiber optic internet included.
      3825 Gilbert Dr, Shreveport, LA 71104
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    • Contact for pricing

      Office Space For Lease

      Office space available for lease at 745 Olive St.
      745 Olive St, Shreveport, LA 71104
      View Details
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    Shreveport, LA 71104
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    2412 Highland Ave, Shreveport, LA, 71104
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