Property

Shreveport, LA 71101 407 Stoner Avenue

407 Stoner Avenue Shreveport, LA - Image 1407 Stoner Avenue Shreveport, LA - Image 2407 Stoner Avenue Shreveport, LA - Image 3
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407 Stoner Avenue Shreveport, LA - Image 4407 Stoner Avenue Shreveport, LA - Image 5407 Stoner Avenue Shreveport, LA - Image 6407 Stoner Avenue Shreveport, LA - Image 7407 Stoner Avenue Shreveport, LA - Image 8
Presented By: Christopher Holloway with Pinnacle Realty Advisors; 318-233-1045
  • North Texas Real Estate Info Systems (NTREIS) - 37 - TX
  • MLS# 20839242
  • 02/07/2025
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Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
  • Beds • 8
  • Baths • 8

Home Details

Investment Opportunity! 8-Plex Rental Property with Huge Potential! This 8-unit rental property is an incredible opportunity to add value and build long-term wealth. This is sold together with a 5-unit complex at 405 Stoner Ave that is priced separately at $150,000, totaling 13 Units for a sales price of $400,000. These multi-unit buildings are ready for completion to maximize their income potential. Some remodeling has already been started, but additional work is needed to bring these properties to full market potential. The 8 Plex has an estimated $100,000 in renovations needed, bringing the total investment to $350,000 and could yield a market value of approximately $450,000. Once fully rented, this 8 unit property has a potential annual revenue of $62,400. The 5 Plex has an estimated $75,000 in renovations needed, bringing the total investment of it to $225,000 and could yield a market value of approximately $300,000. Once fully rented, the 5 unit property has a potential annual revenue of $39,000. All together the sales price is $400,000 for 13 units, with $175,000 of estimated renovations needed, bringing the total investment of it to $575,000 yielding a potential market value of approximately $750,000. Once fully rented the 13 units have the potential annual revenue of $101,400 -A great return on investment! Whether you're a seasoned investor or looking to start your real estate portfolio, this is a rare chance to secure multi-unit rentals with built-in equity. Don’t miss out!
Presented By: Christopher Holloway with Pinnacle Realty Advisors; 318-233-1045

Interior Features for 407 Stoner Avenue

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths8

Other Interior Features

Unit Count1
Lock Box TypeNone
FlooringWood
Interior FeaturesOther
Total Units8

General for 407 Stoner Avenue

# of Buildings1
Accessory Unit Y/NNo
AppliancesNone
Capitalization Rate0.00
CityShreveport
Complex NameStoner
Construction MaterialsBrick
CoolingNone
CountyCaddo
Directionsgps
Full Baths8
Gross Annual Expenses0.00
HOA TypeNone
HeatingNone
Insurance Expense
LevelsTwo
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofAsphalt
School DistrictCaddo PSB
Standard StatusActive
StatusActive
Subdivision NameHomesville Sub
Unexempt Taxes718
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1940
Year Built DetailsPreowned

Exterior for 407 Stoner Avenue

Building Area Total4352.00
Foundation Pillar/Post/Pier
Lot Size Acres0.1480
Lot Size Area0.1480
Lot Size Square Feet6446.8800
Lot Size UnitsAcres
Number Of Parking Spaces8
Parking FeaturesDriveway

Additional Details

Price History

Lizette Riollano

Price $250,000
MLS#20839242
List Date 02/07/2025
Property Type Multi-Family
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