407 Stoner Avenue

Shreveport, Louisiana 71101

  • 8 Bed(s)
  • 8 Bath(s)
  • 0 Sqft
  • 0.148
    Acre(Lot)
$250,000

Description

Investment opportunity! 8-plex rental property with huge potential! this 8-unit rental property is an incredible opportunity to add value and build long-term wealth. this is sold together with a 5-unit complex at 405 stoner ave that is priced separately at $150,000, totaling 13 units for a sales price of $400,000. these multi-unit buildings are ready for completion to maximize their income potential. some remodeling has already been started, but additional work is needed to bring these properties to full market potential. the 8 plex has an estimated $100,000 in renovations needed, bringing the total investment to $350,000 and could yield a market value of approximately $450,000. once fully rented, this 8 unit property has a potential annual revenue of $62,400. the 5 plex has an estimated $75,000 in renovations needed, bringing the total investment of it to $225,000 and could yield a market value of approximately $300,000. once fully rented, the 5 unit property has a potential annual revenue of $39,000. all together the sales price is $400,000 for 13 units, with $175,000 of estimated renovations needed, bringing the total investment of it to $575,000 yielding a potential market value of approximately $750,000. once fully rented the 13 units have the potential annual revenue of $101,400 -a great return on investment! whether you're a seasoned investor or looking to start your real estate portfolio, this is a rare chance to secure multi-unit rentals with built-in equity. don’t miss out!

  • Property Type

    Residential Income

  • Subdivision

    Homesville Sub

  • Parish

    Caddo

  • Style

    Residential Income

  • AD ID

    48544219

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Property Details

  • Bedroom Information

    • Total Bedrooms : 8

    Bathroom Information

    • Total Baths: 8
    • Full Baths: 8

    Interior Features

    • Other

    Appliances

    • None

    Utilities

    • City Sewer,City Water

    Cooling Features

    • None

    Heating Source

    • None

  • Building Information

    • Built Year: 1940
    • Building Area Total: 4,352
    • Construction: Brick
    • Roof Type: Asphalt

    Foundation

    • Pillar/Post/Pier

    Construction Materials

    • Brick

  • Lot Information

    • Lot Size (Acr): 0.1480
    • Lot Size Units: Acres
    • Lot Size Square Feet: 6446.8800

    Property Information

    • Property Type: Residential Income
    • Property Sub Type: Multiple Single Units
    • Subdivision: Homesville Sub
    • City: Shreveport
    • State: Louisiana
    • Directions: gps
    • Property Status: Active

  • Listing Price Information

    • Original List Price: $250,000

    Listing Information

    • Possession: Closing/Funding

  • Tax Information

    • Parcel Number: 171306047001100
    • Tax Block: 1
    • Tax Legal Description: LOT 11, LESS R/W BLK 1, HOMESVILLE SUB. 17130
    • Tax Lot: 11
    • Unexempt Taxes: $718

  • Parking Information

    • Parking: 8
    • Parking Features: Driveway

    Homeowners Association Information

    • HOA Type: None

  • School Information

    • School District: Caddo PSB

    Utility Information

    • Utilities: City Sewer,City Water
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Disclosure: 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

BuyOwner last updated this listing 04/18/2025 @ 22:05

  • MLS: 449303611
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NTREIS - North Texas Real Estate Information

is a Home, with 8 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.