6504 Lexington Avenue
Shreveport, Louisiana 71106
3
Bed
2
Bath
1,256Sqft
0.14Acre(Lot)
Tenant-occupied, income-producing Shreveport rental offered at $55,000. This 3-bedroom, 2-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 $2,054 annually. Including a pro forma $75 monthly management allowance, estimated recurring expenses are $2,954 annually, producing estimated NOI of $6,646 and a 12.08% cap rate at the asking price, before vacancy, repairs, capital expenditures and reserves. Built in 2002, the property contains approximately 1,256 square feet. Seller reports the home was completely remodeled before tenant placement, with improvements including electrical, plumbing, water heater and roof, which may reduce near-term deferred-maintenance risk. Lease, payment
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 2 Full Baths: 2 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: 2002
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Lot Information
Lot Size (Acr): 0.1440 Lot Size Units: Acres Lot Size Square Feet: 6,273 -
Property Information
SQ ft (Living Area): 1,256 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: 24
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Listing Price Information
Original List Price: $55,000 List Price Tot SqFt: $44 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: 171424060011400 Tax Legal Description: LOT 114, NORTH CEDAR GROVE ADDN., 171424-60-1 Tax Lot: 114 Unexempt Taxes: $718
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Parking Information
Carport Spaces: 0 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 | 2,500 SqFt |
| 393 Newburn Lane, Shreveport, LA, 71106 | $585,000 | 4 | 4 | 2,527 | 2,527 SqFt |
| 358 Newburn Lane, Shreveport, LA, 71106 | $595,000 | 4 | 4 | 2,775 | 2,775 SqFt |
| 1069 Waters Edge Circle, Shreveport, LA, 71106 | $595,000 | 5 | 4 | 4,101 | 4,101 SqFt |
| 191 Creston Lane, Shreveport, LA, 71106 | $554,300 | 4 | 3 | 2,410 | 2,410 SqFt |
| 195 Creston Lane, Shreveport, LA, 71106 | $624,680 | 4 | 4 | 2,716 | 2,716 SqFt |
| 414 Newburn Lane, Shreveport, LA, 71106 | $523,000 | 4 | 3 | 2,341 | 2,341 SqFt |
| 2673 Alvamar Drive, Shreveport, LA, 71106 | $1,185,000 | 4 | 4 | 4,085 | 4,085 SqFt |
| 426 Bob White Lane, Shreveport, LA, 71106 | $1,950,000 | 5 | 6 | 6,662 | 6,662 SqFt |
| 1050 N Pointe Circle, Shreveport, LA, 71106 | $995,000 | 4 | 4 | 4,226 | 4,226 SqFt |
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ByOwner last updated this listing 08/14/2026 @ 14:03
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