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3940 Wallace Avenue, Shreveport, LA 71108

Shreveport
Local realty services provided by:CENTURY 21 Mike Bowman, Inc.
3940 Wallace Avenue,Shreveport, LA 71108
$80,000
  • - Beds
  • - Baths
  • 1,304 sq. ft.
  • Multi-family
  • Active
Listed by: lee nugent
Office: pinnacle realty advisors
MLS#:21302667
Source:GDAR

Price summary

  • Price:$80,000
  • Price per sq. ft.:$61.35

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...

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Home facts

  • Year built:1999
  • Subdivision & Development:Vernon Anx
  • Listing ID #:21302667
  • Added:121 day(s) ago
  • Updated:October 29, 2026 at 12:15 PM

Rooms and interior

  • Living area:1,304 sq. ft.

Structure and exterior

  • Year built:1999
  • Building area:1,304 sq. ft.
  • Lot area:0.26 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$80,000
  • Price per sq. ft.:$61.35

Parking

  • Total parking spaces:2
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated October 29, 2026 Listings with the NTREIS logo are listed by brokerages other than CENTURY 21 Mike Bowman, Inc.. GDAR Member Broker: Dave Bowman

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