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405 Stoner Avenue
Shreveport, LA 71101
5 Beds
5 Baths
0 sq ft
MLS 20838880
MLS 20838880
Beds
Baths
Sq Ft
Investment Opportunity! 5-Plex Rental Property with Huge Potential! This 5-unit rental property is an incredible opportunity to add value and build long-term wealth. This is sold together with an 8-unit complex at 407 Stoner Ave that is priced separately at $250,000, 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 5 Plex has an estimated $75,000 in renovations needed, bringing the total investment to $225,000 and could yield a market value of approximately $300,000. Once fully rented, this 5 unit property has a potential annual revenue of $39,000. The 8 Plex has an estimated $100,000 in renovations needed, bringing the total investment of it to $350,000 and could yield a market value of approximately $450,000. Once fully rented, the 8 unit property has a potential annual revenue of $62,400. 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!
On the market for 95 days
Multi-Family built in 1940
.5 sq ft lot
per sq ft
No Pool
Summary of the property details
Beds:
5
Baths:
5
Sq. Ft:
0
Stories:
2
Year Built:
1940
County:
Caddo
Last updated May 14, 2025
Parking, utilities, etc for the listing
Additional Fee:
N/A
Restrictions:
N/A
Disclosures:
N/A
Year Built:
1940
New Construction:
N/A
Subdivision:
N/A
Area:
N/A
Master Planned:
N/A
Style:
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Type:
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Sub Type:
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Garage Type:
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# of Bedrooms:
5
# of Baths (Full):
N/A
# of Fireplaces:
N/A
Fireplaces Description:
N/A
Room Description:
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Bedroom Description:
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Kitchen Description:
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Dishwater:
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Range Type:
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Oven Type:
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Disposal:
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Compactor:
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Countertops:
N/A
Cable:
N/A
Cool System:
N/A
Appliances:
None
Loft:
N/A
Furnished:
N/A
Floors:
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Private Pool:
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Pool Area:
N/A
Features:
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Water / Sewer:
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Building Stories:
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Complex Access:
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Lot Description:
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# of Garage Parking Spaces:
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Garage Type:
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Parking Desc:
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Garage Carport:
N/A
Application Fee:
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Rental Terms:
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Smoking Allowed:
N/A
Deposit Pet:
N/A
Pets Allowed:
N/A
Elementary
Middle
High School
No upcoming open houses
Pinnacle Realty Advisors
Homes similar to 405 Stoner Avenue are listed between $349,900 and $999,000 at and average of $222 per square foot.
