See other homes in:
Primary listing photo
Listing photo 2

4332 Magazine St, Shreveport, LA, 71108

--beds
--baths
1,134sqft
$56,000
$49price/sqft
$629/moest. monthly cost
$25,160/yrincome needed

About This Home

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.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1990

Materials

  • Foundation: Other
  • Roof: Other
  • Construction materials: Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Features

  • Other
  • Flooring: Other

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 1,134
  • Total interior livable area: 1,134 sqft

Property

Details

  • Parcel number: 171413009001900

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 6,229 sqft

Parking

  • Total spaces: 2
  • Parking features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Heat Wave
Lightning
Strong Wind
Cold Wave
Hail
Tornado
Winter Weather

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $283$3,396
Home Insurance *$168$2,016
Property Taxes $31$372
Electricity $147$1,773
Total$629$7,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$21,565/yr
40% on housing$18,870/yr
45% on housing$16,773/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: -2.6%
-2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$49This listing

vs Other Active Listings

Avg $/sqft

ZIP 71108$33
Caddo Parish$106

vs Homes Sold Last Month

Median $/sqft

ZIP 71108$45
Caddo Parish$118

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-29Listed for sale$56,000
2025-05-29Sold--
2025-04-15Contingent$75,000
2025-03-29Listed for sale$75,000
2023-11-10Listing removed--
2022-10-25Price change$66,900
2022-05-14Listed for sale$69,900
2017-07-19Listing removed$625
2017-07-07Price change$625
2017-06-12Listed for rent$675
2014-04-08Listing removed$650
2014-02-03Listed for rent$650

For Sale by Agent

AgentLee Nugent
BrokeragePinnacle Realty Advisors

Similar Homes