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For sale
  • $64,000

    3221 W College St, Shreveport, LA 71109

    --beds
    --baths
    1,029sqft
    : 
    $480/mo
    Get pre-qualified
    Multi Family
    Built in 1987
    -- sqft lot
    $-- Zestimate®
    $62/sqft
    $-- HOA

    What's special

    The seller prefers a PACKAGE SALE ONLY! 49 property, 50 unit residential portfolio in Shreveport Bossier City, LA. Seller is offering the portfolio only as one complete package and discourages individual offers. No creative financing, seller financing, subject to, wrap, lease option, or owner financed terms offered. Cash, DSCR, portfolio loan, or verifiable third party financing only. This portfolio offers immediate income with upside through lease renewals, vacant unit stabilization, and rent growth toward projected market rents. The package includes mostly single family rental homes with a mix of occupied, renewed, Section 8, and value add vacant units. Bedroom counts range from 1 bedroom units to 4 bedroom homes, with many leases extending into 2026 and 2027. According to the provided rent roll, current rental income is approximately $34,905 per month, or $418,860 annualized. Projected stabilized rent is approximately $50,056 per month, or $600,672 annually, once vacant units are leased and rents are moved closer to target levels. Estimated 2025 insurance is $24,102.92 and estimated 2025 city and parish taxes are $26,500.16. Rental income is subject to change as units may be leased, renewed, vacated, or adjusted while listed. The value add opportunity includes leasing vacant inventory, completing turns or inspections, renewing tenants at market supported rents, and tightening operations. Highlights include 50 total units, Shreveport Bossier locations, mostly SF rental housing, current rent of approximately $34,905 per month, projected stabilized rent of approximately $50,056 per month, and a mix of occupied, vacant, renewed, and Section 8 units. Financials, rent roll, property level details, and due diligence materials are available to qualified buyers upon request. Buyer must provide proof of funds or lender preapproval before receiving full documentation or scheduling property access. Please do not disturb tenants.
    35 days
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    19
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lee Nugent 0995695038 318-233-1045,

    Pinnacle Realty Advisors 318-233-1045

    Source: NTREIS,MLS#: 21302493

      Facts & features

      Interior

      Heating
      • Other
      Cooling
      • Other
      Features
      • Other
      • Flooring: Other
      Interior area
      • Total structure area: 1,029
      • Total interior livable area: 1,029 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Other
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 6,011 Square Feet
      Details
      • Parcel number: 171403160004100

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Other
      • Foundation: Other
      • Roof: Other
      Condition
      • Year built: 1987

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Sewer Available

      Community & HOA

      Community
      • Subdivision: Kansas City Southern Railway
      HOA
      • Has HOA: No
      Location
      • Region: Shreveport

      Financial & listing details

      • Price per square foot: $62/sqft
      • Tax assessed value: $25,670
      • Annual tax amount: $402
      • Date on market: 6/29/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/29/2026Listed for sale$64,000+60.4%$62/sqft
        Source: NTREIS #21302493 Report a problem
        4/24/2025Sold--
        Source: NTREIS #20874504 Report a problem
        3/19/2025Pending sale$39,900$39/sqft
        Source: BHHS broker feed #20874504 Report a problem
        3/18/2025Listed for sale$39,900$39/sqft
        Source: BHHS broker feed #20874504 Report a problem
        3/18/2025Pending sale$39,900$39/sqft
        Source: NTREIS #20874504 Report a problem
        3/18/2025Listed for sale$39,900$39/sqft
        Source: NTREIS #20874504 Report a problem
        6/19/2020Sold--
        Source: Agent Provided Report a problem
        2/4/2017Listing removed$650$1/sqft
        Source: Caraway Realty & Management, LLC Report a problem
        2/1/2017Listed for rent$650-13.3%$1/sqft
        Source: Caraway Realty & Management, LLC Report a problem
        12/2/2013Listing removed$750$1/sqft
        Source: Louisiana Property Management Report a problem
        11/23/2013Listed for rent$750$1/sqft
        Source: Louisiana Property Management Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$402 +0.4%$2,567
        2024$400 -1.4%$2,567 +0.9%
        2023$406 $2,545
        2022$406 +1.5%$2,545
        2021$399 0%$2,545
        2020$399 -7.5%$2,545 -4.8%
        2019$432 -0.4%$2,672
        2018$434 +26.1%$2,672
        2017$344 +0.2%$2,672 -9.4%
        2015$343 -10.9%$2,950
        2014$385 $2,950
        2013$385 $2,950
        2012-- $2,950 +20.4%
        2011-- $2,450
        2010-- $2,450
        2009-- $2,450
        2008-- $2,450 +4.7%
        2007-- $2,340
        2006-- $2,340
        2005-- $2,340
        2004-- $2,340 +58.1%
        2003-- $1,480
        2002-- $1,480
        2000-- $1,480
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Queensborough

        Getting around

        50 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Caddo PSB

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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