6209 Southern Avenue
Shreveport, Louisiana 71106
2
Bed
1
Bath
1,218Sqft
0.14Acre(Lot)
Tenant-occupied, income-producing Shreveport rental offered at $60,000. This 2-bedroom, 1-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 $1,415 annually. Including a pro forma $75 monthly management allowance, estimated recurring expenses are $2,315 annually, producing estimated NOI of $7,285 and a 12.14% cap rate at the asking price, before vacancy, repairs, capital expenditures and reserves. The long-term tenant has reportedly occupied the property for at least three years, and the current tenancy includes documented housing-assistance support. Continued program participation and payments are subject to program approval and buyer compliance. Built in 1985, the property con
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 2Bathroom Information
Total Baths: 1 Full Baths: 1 Half Baths: 0 -
Interior Features
Built-in FeaturesAppliances
Electric OvenUtilities
City Sewer,City Water -
Fireplace
Number of Fireplaces: 0
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Building Information
Built Year: 1985
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Lot Information
Lot Size (Acr): 0.1410 Lot Size Units: Acres Lot Size Square Feet: 6,142 -
Property Information
SQ ft (Living Area): 1,218 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: Cedar Grove Add City: Shreveport State: Louisiana Directions: Google Maps Property Status: Active Levels: One Property Age: 41
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Listing Price Information
Original List Price: $52,500 List Price Tot SqFt: $43 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: 171424057009300 Tax Legal Description: LOT 93, NORTH CEDAR GROVE ADDN., 171424-57-93 Tax Lot: 93 Unexempt Taxes: $355
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Parking Information
Carport Spaces: 1 Parking Features: Driveway -
Homeowners Association Information
HOA Type: None
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School Information
School District: Caddo PSB -
Utility Information
Utilities: City Sewer,City Water
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 178 Creston Lane, Shreveport, LA, 71106 | $565,000 | 5 | 3 | 2,500 | 0.29 Acre |
| 393 Newburn Lane, Shreveport, LA, 71106 | $585,000 | 4 | 4 | 2,527 | 0.27 Acre |
| 358 Newburn Lane, Shreveport, LA, 71106 | $580,000 | 4 | 4 | 2,775 | 0.28 Acre |
| 1170 Waters Edge Circle, Shreveport, LA, 71106 | $654,000 | 5 | 4 | 4,084 | 0.62 Acre |
| 1069 Waters Edge Circle, Shreveport, LA, 71106 | $575,000 | 5 | 4 | 4,101 | 0.40 Acre |
| 191 Creston Lane, Shreveport, LA, 71106 | $554,300 | 4 | 3 | 2,410 | 0.26 Acre |
| 397 Newburn Lane, Shreveport, LA, 71106 | $555,000 | 4 | 3 | 2,393 | 0.25 Acre |
| 195 Creston Lane, Shreveport, LA, 71106 | $624,680 | 4 | 4 | 2,716 | 0.26 Acre |
| 1074 Waters Edge Circle, Shreveport, LA, 71106 | $1,425,000 | 4 | 5 | 6,586 | 0.77 Acre |
| 2673 Alvamar Drive, Shreveport, LA, 71106 | $1,185,000 | 4 | 4 | 4,085 | 0.92 Acre |
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ByOwner last updated this listing 09/28/2026 @ 18:00
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