NOT LISTED FOR SALE

2531 Creswell Ave Shreveport, LA 71104

Highland/Stoner Hill Neighborhood
33 Beds
33 Baths
18,626 Sq Ft
1929 Built

Last Sold January 07, 2019

76 Days on Market

Highlights

  • Wood Flooring
  • Floor Furnace
  • Laundry Facilities
  • Fairfield Magnet School Rated A-

About This Home

As of January 2019

Excellent investment opportunity! Building has rental history with 96%+ occupancy. $30,151 per unit price yielding a 12%+ CAP rate. Building is currently being painted and has no deferred maintenance. All tenants have current leases. A total of 33 units - 27 efficiency apartments and 6 one bedroom apartments. Call today for a showing appointment.

Last Agent to Sell the Property

Shawn Fargerson

Coldwell Banker Apex, REALTORS License #0995690761 Listed on: 09/01/2018

Coldwell Banker Apex, REALTORS

Last Buyer's Agent

Michelle Savage

Keller Williams Northwest License #0995696678

Keller Williams Northwest

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1929

Home Design

  • Brick Exterior Construction
  • Combination Foundation
  • Slab Foundation
  • Slate Roof
  • Tile Roof
  • Concrete Siding

Interior Spaces

  • 18,626 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 33 Bedrooms
  • 33 Full Bathrooms

Parking

  • 3 Covered Spaces
  • Open Parking

Schools

  • Louisiana Elementary And Middle School
  • Louisiana High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Floor Furnace
  • Space Heater
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 171306-143-0552-00

Community Details

Overview

  • 18,626 Sq Ft Building
  • Pinehurst Sub Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Three Or More
  • Restrictions: No Sublease, Pet Restrictions
  • Gross Sq Ft: 18626
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Multi Zoning Y N: No
  • Net Operation Income: 199000
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 52.07774
  • Special Features: None
  • Year Built: 1929

Interior Features

  • Square Footage: 18626.00
  • Flooring: Vinyl, Wood
  • Ceiling Height: Other

Beds/Baths

  • Full Bathrooms: 33
  • Total Bedrooms: 33

Exterior Features

  • Pool: No
  • Foundation: Combination, Slab
  • Community Features: Laundry
  • Fencing: None
  • Roof: Slate, Tile
  • Construction Materials: Brick, Concrete, Other

Garage/Parking

  • Cooling System: Wall Unit(s), Wall/Window Unit(s), Window Unit(s)
  • Total Covered Spaces: 3
  • Parking Features: Open
  • GarageYN: No

Utilities

  • Heating: Floor Furnance, Space Heater, Wall Furnace
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Caddo PSB
  • Elementary School: Louisiana
  • High School: Louisiana
  • School District: Caddo PSB
  • Elementary School: Louisiana
  • Junior High School: Louisiana
  • High School: Louisiana

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Parcel Number: 171306-143-0552-00
  • Will Subdivide: No

Building Info

  • Year Built: 1929
  • Units Total: 33

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Gross Annual Expenses: 55000.00
  • Unit Count: 2

MLS Schools

  • MiddleOrJuniorSchool: Louisiana
  • Elementary School Name: Louisiana
  • High School Name: Louisiana

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2019 01/07/19 Sold -- -- --
11/16/2018 11/16/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $995,000 -- $53 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Shawn Fargerson

    Seller's Agent in 2019

    Shawn Fargerson

    Coldwell Banker Apex, REALTORS

    (318) 990-1255

    1 in this area

    59 Total Sales

    Shawn Fargerson
    Section Image
  • Michelle Savage

    Buyer's Agent in 2019

    Michelle Savage

    Keller Williams Northwest

    (318) 402-6788

    6 in this area

    348 Total Sales

    Michelle Savage
    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 232761NL

North Texas Real Estate Information Systems (NTREIS)
Louisiana Caddo Parish Shreveport 71104 Highland/Stoner Hill

2531 Creswell Ave, Shreveport, LA

This home is located at 2531 Creswell Ave, Shreveport, LA 71104 since 01 September 2018. This property was built in 1929. 2531 Creswell Ave is a home located in Caddo Parish with nearby schools including Creswell Elementary School, Broadmoor STEM Academy, and Fairfield Magnet School.

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North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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