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$52,500
6209 Southern Avenue
Shreveport, LA 71106 · MLS #21219961
2Beds
1Baths
1,218Sq Ft
1985Year Built
0.14 acLot Size
—Garage Spaces
NoHOA
$355Annual Taxes
Single Family ResidenceProperty Type
Cedar Grove AddSubdivision
CaddoCounty
1.00Stories
0Fireplaces
NonePool

About This Home

Tenant-occupied, income-producing Shreveport rental offered at $60,000. This 2-bedroom, 1-bath home is currently rented for $800 per month, producing gross rental income of $9,600 annually. Owner-reported property taxes and insurance total approximately $1,415 annually. Including a pro forma $75 monthly management allowance, estimated recurring expenses are $2,315 annually, producing estimated NOI of $7,285 and a 12.14% cap rate at the asking price, before vacancy, repairs, capital expenditures and reserves. The long-term tenant has reportedly occupied the property for at least three years, and the current tenancy includes documented housing-assistance support. Continued program participation and payments are subject to program approval and buyer compliance. Built in 1985, the property contains approximately 1,218 square feet. Seller reports the home was completely remodeled before tenant placement, with improvements including electrical, plumbing, water heater and roof, which may reduce near-term deferred-maintenance risk. Please do not disturb the tenant. Showings must be scheduled through the listing agent. Financial information is provided by the owner and should be independently verified by the buyer

Interior Features

Interior FeaturesBuilt In Features

Kitchen, Appliances & Utilities

AppliancesElectric Oven
UtilitiesSewer Available, Water Available

Exterior & Lot

ParkingDriveway
PoolNone

Rooms & Dimensions

Dining Room
0 x 0 · First level
Living Room
0 x 0 · First level
Primary Bedroom
0 x 0 · First level

Schools

Elementary—
Middle / Junior—
High School—
DistrictCaddo PSB
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Listing courtesy of Pinnacle Realty Advisors · Listing agent: Steven Pracht · MLS #21219961 · Last updated 2026-09-26 00:47:52.690000
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