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416 Colquitt Street

Bossier City, Louisiana 71111
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Bed 1

Bed

Bath 1

Bath

Acres0.14

Acre(Lot)

Fully occupied Bossier City triplex offered at $179,900, representing an investor basis of approximately $84.86 per square foot. Three 1-bedroom, 1-bath units currently rent for $600, $700 and $700, producing combined gross rental income of $2,000 monthly or $24,000 annually. All tenants are current, and two of the three tenancies include documented third-party rent support. Payment history is available to qualified buyers with appropriate privacy redactions. Tenants pay all utilities. Owner-reported city and parish taxes plus property insurance total approximately $1,052 annually. For conservative underwriting, a $75-per-unit monthly management allowance produces estimated pro forma annual expenses of $3,752, NOI of $20,248 and an 11.26% cap rate at the asking price, before vacancy, repai rs and capital reserves. Seller reports that the property was comprehensively renovated in 2021 by a professional contractor using applicable permits and inspections, including complete replacement of the plumbing and electrical systems, a new roof and extensive additional improvements. Rent roll, leases, payment history, investor analysis and available renovation documentation may be reviewed. Please do not disturb tenants. All showings require 24-hour notice and must be coordinated through the listing agent. Property may be purchased individually or considered with additional seller-owned rentals. All information is owner-provided and should be independently verified.

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Detail Ic Property Details

Property Type : Residential Income

Price : $179,900

AD Id : 76237345

MLS Id : 554350497

Beds : 1

Lot Size : 0.14 Acre

Year Built : 1942

County : Bossier

Subdivision: Lakewood Estates Ph 2

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Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1
  • Interior Features

    Cable TV Available,High Speed Internet Available

    Appliances

    None

    Utilities

    City Sewer,City Water
  • Cooling Features

    Other

    Heating Source

    Other

  • Building Information

    Built Year: 1942 Building Area Total: 2,120 Construction: Other Roof Type: Shingle
  • Foundation

    Pillar/Post/Pier
  • Accessibility Features

    Accessible Approach with Ramp,Accessible Entrance

    Construction Materials

    Other

  • Lot Information

    Lot Size (Acr): 0.1380 Lot Size Units: Acres Lot Size Square Feet: 6,011
  • Property Information

    Property Type: Residential Income Property Sub Type: Triplex Subdivision: East Mccormick Sub City: Bossier City State: Louisiana Directions: GPS Property Status: Active Levels: One Property Age: 84 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $179,900
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 126745 Tax Block: 4 Tax Legal Description: LOT 5, BLK. 4, E. MCCORM. ANNEX. Tax Lot: 5 Unexempt Taxes: $290

  • Parking Information

    Parking: 3 Parking Features: Driveway,On Site,On Street
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Bossier ISD schools Middle School: Bossier ISD schools High School: Bossier ISD schools School District: Bossier PSB
  • Utility Information

    Utilities: City Sewer,City Water
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
500 Mccormick Street, Bossier City, LA, 71111 $110,000 2 2 --
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 08/06/2026 @ 00:45

MLS: 554350497 LISTED BY: Desiree Davis, Diamond Realty & Associates 318-746-0011 SOURCE: NTREIS - North Texas Real Estate Information

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