6504 Lexington Avenue, Shreveport, LA 71106

Shreveport
Local realty services provided by:ERA Newlin & Company
6504 Lexington Avenue,Shreveport, LA 71106
$55,000
  • 3 Beds
  • 2 Baths
  • 1,256 sq. ft.
  • Single family
  • Active
Listed by: steven pracht
Office: pinnacle realty advisors
MLS#:21219972
Source:GDAR

Price summary

  • Price:$55,000
  • Price per sq. ft.:$43.79

About this home

Tenant-occupied, income-producing Shreveport rental offered at $55,000. This 3-bedroom, 2-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 $2,054 annually. Including a pro forma $75 monthly management allowance, estimated recurring expenses are $2,954 annually, producing estimated NOI of $6,646 and a 12.08% cap rate at the asking price, before vacancy, repairs, capital expenditures and reserves. Built in 2002, the property contains approximately 1,256 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. Lease, payment history, expense documentation and investor operating analysis are available for review. Please do not disturb the tenant. Showings must be scheduled through the listing agent. Financial information...

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Home facts

  • Year built:2002
  • Subdivision & Development:Cedar Grove Add
  • Listing ID #:21219972
  • Added:141 day(s) ago
  • Updated:August 15, 2026 at 11:51 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Kitchen Description:Electric Oven
  • Living area:1,256 sq. ft.

Structure and exterior

  • Year built:2002
  • Building area:1,256 sq. ft.
  • Lot area:0.14 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$55,000
  • Price per sq. ft.:$43.79
  • Tax amount:$718

Features and amenities

  • Appliances:Electric Oven
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated August 15, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Newlin & Company.

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