Located in the Highland neighborhood of Shreveport, this fully occupied quadplex with an additional detached garage apartment, offers a total of five rental units and strong, consistent income. Highland is widely known as one of the area’s most desirable rental neighborhoods, attracting long-term tenants and steady demand.
The property currently produces… Read More $2,755 per month in rent, with each unit also contributing an additional $35 monthly toward water, which is paid by the landlord.
The layout includes four units in the main building along with a separate garage apartment in the rear, creating five total doors on one property. Opportunities like this are rare, making it an excellent addition to an investor’s portfolio. This property is being offered as part of a larger investment package that includes two additional properties. All three MLS Numbers for this package are 21201955, 21201957, and 21201960.
The full portfolio is available for $370,000 and consists of a total of seven rental doors, providing immediate scale for investors looking to expand or enter the market with multiple income-producing assets. Read Less
Courtesy of Pinnacle Realty Advisors, Lee Nugent.
Listing Snapshot
Days Online
195
Last Updated
Property Type
Apartment
Beds
5
Full Baths
5
Lot Size
0.14 Acres
Year Built
1950
MLS Number
21201960
Additional Details
Appliances & Equipment
GasRange, Refrigerator
Building
Built in 1950, Year Built Details: Preowned, 2 buildings, Levels: Two
Cooling
WallUnits
Expenses
Insurance: $1,200
Foundation
PillarPostPier
Heating
WallFurnace
Income
Gross Income: $31,200, Net Operating Income: $26,700
Interior Features
HighSpeedInternet
Lot
0.143 acres
Parking
2 total parking spaces, Concrete
Pool
None
Roof
Shingle
Sewer
PublicSewer
Taxes
Parcel Number: 171306138047900, Annual Amount: $1,100, Legal Description: LOT 180 & THE W. 3 FT. OF LOT 179, PINEHURST, Lot: 180
Utilities
SewerAvailable, WaterAvailable, Water Source: Public
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