2638 Morningside Drive, Shreveport, LA 71108
Local realty services provided by:CENTURY 21 Harvey Properties
2638 Morningside Drive,Shreveport, LA 71108
$46,000
- - Beds
- - Baths
- 918 sq. ft.
- Multi-family
- Active
Listed by: lee nugent
Office: pinnacle realty advisors
MLS#:21302405
Source:GDAR
Price summary
- Price:$46,000
- Price per sq. ft.:$50.11
About this home
The seller prefers a PACKAGE SALE ONLY! 49 property, 50 unit residential portfolio in Shreveport Bossier City, LA. Seller is offering the portfolio only as one complete package and discourages individual offers. No creative financing, seller financing, subject to, wrap, lease option, or owner financed terms offered. Cash, DSCR, portfolio loan, or verifiable third party financing only.
This portfolio offers immediate income with upside through lease renewals, vacant unit stabilization, and rent growth toward projected market rents. The package includes mostly single family rental homes with a mix of occupied, renewed, Section 8, and value add vacant units. Bedroom counts range from 1 bedroom units to 4 bedroom homes, with many leases extending into 2026 and 2027.
According to the provided rent roll, current rental income is approximately $34,905 per month, or $418,860 annualized. Projected stabilized rent is approximately $50,056 per month, or $600,672 annually, once vacant units are leased and rents are moved closer to target levels. Estimated 2025 insurance is $24,102.92 and estimated 2025 city and parish taxes are $26,500.16. Rental income is subject to change as units may be leased, renewed, vacated, or adjusted while listed.
The value add opportunity includes leasing vacant inventory, completing turns or inspections, renewing tenants at market supported rents, and tightening operations. Highlights include 50 total units, Shreveport Bossier locations, mostly SF rental housing, current rent of approximately $34,905 per month, projected stabilized rent of approximately $50,056 per month, and a mix of occupied, vacant, renewed, and Section 8 units.
Financials, rent roll, property level details, and due diligence materials are available to qualified buyers upon request. Buyer must provide proof of funds or lender preapproval before receiving full documentation or scheduling property access. Please do not disturb tenants....
Contact an agent
Home facts
- Year built:1988
- Subdivision & Development:Morningside Sub
- Listing ID #:21302405
- Added:32 day(s) ago
- Updated:July 31, 2026 at 12:08 PM
Rooms and interior
- Living area:918 sq. ft.
Structure and exterior
- Year built:1988
- Building area:918 sq. ft.
- Lot area:0.19 Acres
- Levels:1 Story
Finances and disclosures
- Price:$46,000
- Price per sq. ft.:$50.11
Parking
- Total parking spaces:2
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated July 31, 2026 Listings with the NTREIS logo are listed by brokerages other than CENTURY 21 Harvey Properties. GDAR Member Broker: Renee HarveyNew listings near 2638 Morningside Drive
- New
$129,900Active3 beds 2 baths2,412 sq. ft.650 Hyde Park Place, Shreveport, LA 71108
MLS# 21346501Listed by: KELLER WILLIAMS NORTHWEST - New
$155,000Active3 beds 1 baths1,345 sq. ft.8122 Roosevelt Drive, Shreveport, LA 71129
MLS# 21346504Listed by: SHELLY WAGNER & ASSOCIATES + JPAR REAL ESTATE - New
$6,000Active0.27 Acres552 Dalzell Street, Shreveport, LA 71104
MLS# 21346488Listed by: COLDWELL BANKER APEX, REALTORS - New
$129,900Active2 beds 2 baths958 sq. ft.228 Settlers Park Drive, Shreveport, LA 71115
MLS# 21339634Listed by: PINNACLE REALTY ADVISORS - New
$459,900Active5 beds 4 baths3,527 sq. ft.118 Hallette Drive, Shreveport, LA 71115
MLS# 21342762Listed by: COLDWELL BANKER APEX, REALTORS - New
$244,900Active2 beds 3 baths1,619 sq. ft.539 Honeygold Drive, Shreveport, LA 71115
MLS# 21329105Listed by: BERKSHIRE HATHAWAY HOMESERVICES ALLY REAL ESTATE - New
$40,000Active3 beds 2 baths1,672 sq. ft.6150 Rightway Boulevard, Shreveport, LA 71109
MLS# 21345541Listed by: CENTURY 21 ELITE - New
$65,000Active2 beds 1 baths1,032 sq. ft.3105 Metal Street, Shreveport, LA 71103
MLS# 21345321Listed by: KELLER WILLIAMS NORTHWEST - New
$165,000Active3 beds 1 baths1,080 sq. ft.602 Pickwick Place, Shreveport, LA 71108
MLS# 21337873Listed by: BERKSHIRE HATHAWAY HOMESERVICES ALLY REAL ESTATE - New
$259,000Active3 beds 2 baths2,030 sq. ft.175 Richard Avenue, Shreveport, LA 71105
MLS# 21342992Listed by: PINNACLE REALTY ADVISORS
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
©2026 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.