$399,900

Five rental opportunities. One Highland investment. Expand your portfolio with this distinctive multifamily property featuring four spacious 2-bedroom, 1-bath apartments in the main building plus a separate rear garage apartment. The main apartments offer hardwood floors, 10-foot ceilings, updated kitchens and generous layouts with separate living and dining areas plus sunrooms. These inviting spaces give the property character that carries beyond the curb. Separately metered utilities provide a practical advantage for managing operating expenses, while a courtyard, garage space and additional off-street parking add everyday appeal. Built in 1925, this property combines historic architecture with multiple rental opportunities in Shreveport’s Highland neighborhood. Value-add potential includes selective interior updates and enhancements to the courtyard and shared spaces, offering investors an opportunity to strengthen rental appeal and support future income growth. Improvements include a roof replaced in 2016, most window units replaced within the last year, three water heaters replaced within the last three years and one apartment remodeled within the last year. Conveniently located in the heart of the Highland Historic District near LSU Medical School, I-20, I-49, restaurants, hospitals and shopping. Whether building a multifamily portfolio or expanding an existing one, acquire five units in a single purchase with historic character, recent improvements and opportunities to add value over time.