Price Reduction
Address
6209 Southern Avenue, Shreveport, LA
Price
$ 55,000
Property Attributes
- MLS#21219961
- TypeSingle Family
- Listing Status Active
- CountyCADDO
- CityShreveport
- NeighborhoodCedar Grove Add
- Zip71106
- StyleSingle Family Residence
- Year Built1985
- Taxes$ 355
- Price$ 55,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1218
- Lot Size0.141 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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 contains approximately 1,218 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. Please do not disturb the tenant. Showings must be scheduled through the listing agent. Financial information is provided by the owner and should be independently verified by the buyer
| Price History | |
|---|---|
| 3/26/2026 | Listed $71,500 |
| 6/18/2026 | 5$68,000 |
| 7/27/2026 | 12$60,000 |
| 8/26/2026 | 9$55,000 |
General Features
| Utilities | City Sewer,City Water |
|---|---|
| Possession | Closing/Funding |
| Appliances | Electric Oven |
| School District | Caddo PSB |
| Year Built | 1985 |
| Levels | One |
| Unexempt Taxes | 355 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Cedar Grove Add |
| Transaction Type | For Sale |
| Carport Spaces | 1 |
| County | Caddo |
| Property Type | Residential |
| HOA Type | None |
| Full Baths | 1 |
| Status | Active |
| Directions | Google Maps |
| City | Shreveport |
| Standard Status | Active |
Interior Features
| Interior Features | Built-in Features |
|---|---|
| Dining Areas | 1 |
| Living Areas | 1 |
| Room Count | 3 |
| Lock Box Type | None |
| Total Bedrooms | 2 |
| Total Baths | 1 |
Exterior Features
| Parking Features | Driveway |
|---|---|
| Lot Size | Less Than .5 Acre (not Zero) |
| Lot Size Area | 0.1410 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Lot Size Square Feet | 6141.9600 |
| Lot Size Acres | 0.1410 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 71106
Price
Taxes
Year Built
Visits
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
