Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Anderson Realtors

6504 Lexington Avenue, 
Shreveport, LA 71106

$55,000

Last List Price

3

Beds


2

Baths


1,256

Sq Ft


Single Family

Sold

Listed by

Steven Pracht

Bought with Pinnacle Realty Advisors

Pinnacle Realty Advisors

MLS#

21219972

Source:

GDAR

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About This Home

6504 Lexington Avenue

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 history, expense documentation and investor operating analysis are available for review. 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

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 2002

Subdivision & Development:

Cedar Grove Add

Price Summary

55,000

$43 per Sq. Ft.

MLS #:

21219972

Sold:

August 26, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,256 Sq. Ft.


Structure

Structure

Building Area:

1,256 Sq. Ft.

Year Built:

2002


Lot

Lot Size (Sq. Ft):

6,272


Finances & Disclosures

Finances

Price:

$55,000

Price per Sq. Ft:

$43 per Sq. Ft.

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Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated October 17, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Anderson Realtors.