429 Boulevard St, Shreveport, LA 71104

$219,000
5
BD
5
BA

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List Price
$219,000
Price Change
▼ $15,800 1779226998
MLS#
21201960
Status
ACTIVE
Type
Condo
Subtype
ResidentialIncome
Year Built
1950
Bedrooms
5
Bathrooms
5
Acres
0.14
County
Caddo
City
Shreveport
Subdivision
Pinehurst Sub

Property Description

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 $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.

Additional Information

Unexempt Taxes
$1,100
Lot Size
6,229
Interior Features
High Speed Internet
Flooring
Other
Foundation
Pillar/Post/Pier
Roof
Shingle
Stories
2
Pool Features
None
Parking Garage
Paved
School District
Caddo Psb
Elementary School
Caddo ISD Schools
Middle School
Caddo Isd Schools
High School
Caddo ISD Schools
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Lee Nugent from Pinnacle Realty Advisors. Contact: 318-233-1045