6209 Southern Avenue, Shreveport, LA 71106

Shreveport
Local realty services provided by:ERA Newlin & Company
6209 Southern Avenue,Shreveport, LA 71106
$52,500
  • 2 Beds
  • 1 Baths
  • 1,218 sq. ft.
  • Single family
  • Active
Listed by: steven pracht
Office: pinnacle realty advisors
MLS#:21219961
Source:GDAR

Price summary

  • Price:$52,500
  • Price per sq. ft.:$43.1

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...

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Home facts

  • Year built:1985
  • Subdivision & Development:Cedar Grove Add
  • Listing ID #:21219961
  • Added:187 day(s) ago
  • Updated:September 30, 2026 at 12:46 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Kitchen Description:Electric Oven
  • Living area:1,218 sq. ft.

Structure and exterior

  • Year built:1985
  • Building area:1,218 sq. ft.
  • Lot area:0.14 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$52,500
  • Price per sq. ft.:$43.1
  • Tax amount:$355

Features and amenities

  • Appliances:Electric Oven

Parking

  • Carport spaces:1
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated September 30, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Newlin & Company.

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