#20875571, Devin Mims, Listing Office: Keller Williams Northwest
147 E Herndon St Shreveport, LA 71101
Property details
About 147 E Herndon St
Investment Opportunity: 10-Property Package with 11 Units and Strong Rental Income (homes are occupied, please do not disturb the tenant) Presenting a prime investment opportunity with a portfolio of 10 well-maintained single-family homes, offering solid cash flow potential. This package includes 9 fully-occupied homes, generating consistent rental income, and 1 vacant property, ideal for owner-occupancy or quick re-leasing. Additionally, one home features a separate garage apartment, bringing the total number of units to 11. Property management is already in place, making this a hassle-free investment. Property Highlights: 10 Homes + 1 Garage Apartment: A diverse selection of properties in high-demand rental areas, totaling 11 units. 9 Occupied Homes: Reliable tenants in place, providing steady income. 1 Vacant Property: Ready for owner-occupant or leasing. Property Management in Place: Professional management ensures smooth operations with minimal effort. Low Maintenance: Homes are well-kept, minimizing immediate repair costs. Prime Location: Close to schools, shopping, public transport, and other amenities. Investment Benefits: Attractive Rental Yields: Solid cash flow with proven rental history. Diversified Portfolio: Spread across multiple properties and units, reducing risk. Minimal Vacancy: High tenant demand ensures low turnover. Growth Potential: Areas poised for future appreciation, offering long-term upside. This 10-property package (with 11 units) offers a turn-key investment with a proven track record, ideal for investors seeking immediate returns and long-term growth. With property management already in place, this opportunity is a low-effort, high-reward addition to any portfolio. Package Includes MLS ID: 20885903,20885901, 20885874, 20885879, 20885885, 20885889, 20885916, 20885900, 20885896, 20885892
Highlights
Virtual tour
Summary
- MLS Number: 20885901
- MLS Name: NTR
- Office Name: RE/MAX Real Estate Services
- Office Phone: (318) 752-2700
- Listing Agent: Paul Bratlie
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Last updated on: 4/8/2025, 10:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$45,000
147 E Herndon St
$534
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 11, 2017 | Home Sold | $132,253 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $2,802 | $446 |
2022 | $2,802 | $446 |
2021 | $2,802 | $365 |
2020 | $2,802 | $365 |
2019 | $2,595 | $419 |
2018 | $2,851 | $463 |
History based on county public records data.
Nearby schools
1
E. B. Williams Stoner Hill Elementary School
Public District PK-5
0.7 mi
•2127 C E Galloway Blvd
5
Creswell Elementary School
Public District PK-5
1.1 mi
•2901 Creswell Ave
5
Central Park Elementary School
Public District PK-5
1.3 mi
•900 Central Park Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,091. Typical income of Shreveport, LA residents is less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 147 E Herndon St
This home is located at 147 E Herndon St in Shreveport, LA and zip code 71101 in the Highland neighborhood. This 1,018 square foot home, which was built in 1940, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 29, 2025 and is currently priced at $45,000.
Shreveport, LA housing market in March 2025 saw over 23 listings sold above listed price, more than 53 sold at listed price and over 81 sold below. In March 2025 in Shreveport, LA there were 15% more homes for sale than in February. In March 2025 median list price was $185,658 and the average listing age was 51 days.