147 E Herndon St Shreveport, LA 71101
Highland/Stoner Hill NeighborhoodEstimated payment $356/month
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.
Listing Agent
Pinnacle Realty Advisors Brokerage Phone: 318-233-1045 License #0995695038 Listed on: 06/29/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1988
Additional Features
- 1-Story Property
- 6,970 Sq Ft Lot
Listing and Financial Details
- Tax Lot 55
- Assessor Parcel Number 171306007005500
Community Details
Overview
- 931 Sq Ft Building
- Beverly Hills Sub Subdivision
Building Details
- Gross Income $418,860
- Net Operating Income $368,256
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $448 | $2,865 | $1,323 | $1,542 |
| 2024 | $447 | $2,865 | $1,323 | $1,542 |
| 2023 | $447 | $2,802 | $1,260 | $1,542 |
| 2022 | $447 | $2,802 | $1,260 | $1,542 |
| 2021 | $440 | $2,802 | $1,260 | $1,542 |
| 2020 | $440 | $2,802 | $1,260 | $1,542 |
| 2019 | $420 | $2,595 | $1,260 | $1,335 |
| 2018 | $367 | $2,851 | $1,260 | $1,591 |
| 2017 | $468 | $2,851 | $1,260 | $1,591 |
| 2015 | $400 | $3,090 | $1,260 | $1,830 |
| 2014 | $404 | $3,090 | $1,260 | $1,830 |
| 2013 | -- | $3,090 | $1,260 | $1,830 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/29/2026 06/29/26 | For Sale | $59,000 | +31.1% | $63 / Sq Ft | |
| 05/29/2025 05/29/25 | Sold | -- | -- | -- | View Prior Sale |
| 04/14/2025 04/14/25 | Pending | -- | -- | -- | |
| 03/28/2025 03/28/25 | For Sale | $45,000 | 0.0% | $44 / Sq Ft | |
| 03/10/2025 03/10/25 | Rented | $795 | 0.0% | -- | |
| 02/25/2025 02/25/25 | Under Contract | -- | -- | -- | |
| 01/10/2025 01/10/25 | For Rent | $795 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $560,000 | None Listed On Document | |
| Cash Sale Deed | $132,253 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | New Conventional |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21302691
APN: 171306-007-0055-00
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Ask me questions while you tour the home.