Shreveport, LA 71104,328 Prospect Street

$75,000

Est.Price: ?

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Est. payment /mo

2 Beds

1 Bath

1,641 SqFt


SOLD DATE : 05/29/2025

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,641 sqft

Price per Sqft $45

Subdivision University Heights Sub

MLS Listing ID 20885896

Sold Date 05/29/25

Bedrooms 2

Full Baths 1

HOA Y/N None

Year Built 1965

Annual Tax Amount $566

Lot Size 5,183 Sqft

Acres 0.119

Property Sub-Type Single Family Residence

Property Description

Investment Opportunity: 10-Property Package with 11 Units and Strong Rental Income (homes are occupied, please do not disturb the tenant)

Presenting a prime investment opportunity with a portfolio of 10 well-maintained single-family homes, offering solid cash flow potential. This package includes 9 fully-occupied homes, generating consistent rental income, and 1 vacant property, ideal for owner-occupancy or quick re-leasing. Additionally, one home features a separate garage apartment, bringing the total number of units to 11. Property management is already in place, making this a hassle-free investment.

Property Highlights:

10 Homes + 1 Garage Apartment: A diverse selection of properties in high-demand rental areas, totaling 11 units.
9 Occupied Homes: Reliable tenants in place, providing steady income.
1 Vacant Property: Ready for owner-occupant or leasing.
Property Management in Place: Professional management ensures smooth operations with minimal effort.
Low Maintenance: Homes are well-kept, minimizing immediate repair costs.
Prime Location: Close to schools, shopping, public transport, and other amenities.
Investment Benefits:

Attractive Rental Yields: Solid cash flow with proven rental history.
Diversified Portfolio: Spread across multiple properties and units, reducing risk.
Minimal Vacancy: High tenant demand ensures low turnover.
Growth Potential: Areas poised for future appreciation, offering long-term upside.
This 10-property package (with 11 units) offers a turn-key investment with a proven track record, ideal for investors seeking immediate returns and long-term growth. With property management already in place, this opportunity is a low-effort, high-reward addition to any portfolio.

Package Includes MLS ID: 20885903,20885901, 20885874, 20885879, 20885885, 20885889, 20885916, 20885900, 20885896, 20885892

Location

State LA

County Caddo

Direction GPS

Rooms

Dining Room 1

Interior

Interior Features High Speed Internet Available, Other

Heating Other

Cooling Window Unit(s)

Flooring Carpet, Tile

Appliance None

Heat Source Other

Exterior

Carport Spaces 2

Utilities Available City Sewer, City Water

Roof Type Asphalt

Total Parking Spaces 2

Garage No

Building

Story Multi/Split

Foundation Pillar/Post/Pier

Level or Stories Multi/Split

Structure Type Brick,Wood

Schools

School District Caddo Psb

Others

Ownership Yeates

Financing Cash

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Paul Bratlie • RE/MAX Real Estate Services
Bought with Paul Bratlie • RE/MAX Real Estate Services

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agent

Nikki Cloud

Agent | License ID: 0613160

+1(682) 559-2210

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