531 E 73Rd St | Image 1
New
531 E 73Rd St | Image 2

$2,420,000

For Sale

6 hours ago

531 E 73Rd St, Shreveport, LA

House

MLS® 21297626

2 Bed

1 Bath

--

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $402
Days Active 0
Lot Size 0.131 Acres
Approx. Age 1992
MLS® Number 21297626

Property Address: 531 E 73rd St, Shreveport, LA, 71106-4427

Average square foot calculated using Size range provided by listing agent.

Description

PACKAGE SALE ONLY! 49 property, 50 unit residential portfolio in Shreveport Bossier City, LA. Seller is offering the portfolio only as one complete package. Properties will not be sold individually. 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 the portfolio is actively listed. The value add opportunity includes leasing vacant inventory, completing remaining turns or inspections, renewing tenants at market supported rents, and tightening operations Highlights include 50 total units, Shreveport-Bossier locations, mostly SF rental housing, approximately $34, 905 per month in current rent, approximately $50, 056 per month in projected stabilized rent, 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 pre approval before receiving full supporting documentation or scheduling property access. Please do not disturb tenants.
MLS® Number21297626
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1992
Basement
DrivewayOther
Garage Spaces
HeatOther
A/COther

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 25, 2026List Date
$2,420,000List Price
  • Commute

Commute

Starting Address
Destination Address
531 E 73Rd St, Shreveport, LA

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