Next Level Realty

240 Olive Street

Shreveport , LA 71104

MLS#: 21118755

$245,000

Status: Active
Listing number: 21118755
Listing provided by: EXP Realty, LLC
Listing agent phone: None
Last update: N/A
Browse Properties
Opo Sub - Residential Income

Property

Beds

8

Full Baths

4

1/2 Baths

None

Year Built

1957

Sq.Footage

N/A

Exceptional investment opportunity in Shreveport’s desirable Highland area! This well-maintained quadplex offers four spacious 2-bed, 2-bath units, each approximately 900 sq ft with comfortable layouts ideal for long-term tenants. Strong rental demand in this centrally located neighborhood — just minutes from Centenary College, downtown, hospitals, shopping, and major corridors. Property features ample parking, easy access, and solid income potential. Perfect addition to any real estate portfolio with room to increase rents. Whether you’re a seasoned investor or just expanding your holdings, this fully occupied four-unit property is a must-see! Seller will do no repairs. 240 VACANT, 240 and a half OCCUPIED for twelve years, 242 OCCUPIED, 242 and a half VACANT

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen

  • Total Bedrooms

    8

  • Bathrooms

    4

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Detached Carport

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.213

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $245,000

  • Tax Amount

    1173.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Caddo ISD Schools

  • Middle School

    Caddo ISD Schools

  • High School

    Caddo ISD Schools

Property Features

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

  • Tax Lot

    49

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Caddo

Elementary School

Caddo ISD Schools

Middle School

Caddo ISD Schools

High School

Caddo ISD Schools

Listing Courtesy of Eunice Johnson-Strickland. , EXP Realty, LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Mhamer Sas

Office and Team Coordinator

Mhamer Sas

Call Mhamer today to schedule a private showing.


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Exceptional investment opportunity in Shreveport’s desirable Highland area! This well-maintained quadplex offers four spacious 2-bed, 2-bath units, each approximately 900 sq ft with comfortable layouts ideal for long-term tenants. Strong rental demand in this centrally located neighborhood — just minutes from Centenary College, downtown, hospitals, shopping, and major corridors. Property features ample parking, easy access, and solid income potential. Perfect addition to any real estate portfolio with room to increase rents. Whether you’re a seasoned investor or just expanding your holdings, this fully occupied four-unit property is a must-see! Seller will do no repairs. 240 VACANT, 240 and a half OCCUPIED for twelve years, 242 OCCUPIED, 242 and a half VACANT

240 Olive Street

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Price reduced
OWNER.AGENT. This property has 2 active income units and 1 gutted unit that has been used for storage. The main house is a 3 bedroom, 1 bath with a utility room. Remodelled in 2022 and fully furnished with amazing steady income. All systems have been upgraded and it has amazing feedback from guests that stay. Furnishings can be negotiated. The back unit is a 2 story garage apartment. Top floor is 750 sq ft apartment that has been leased for $600.00 long term up until 2023 when it was turned into an airbnb for a year bringing in about 1200 a month. In 2024 it became occupied by owner's son and no rent has been charged. 1st floor of garage apartment has been gutted and used for storage for a small investment companies extras. There is a roll garage door and houses 1 vehicle with the entrance off of Wilkinson St. All units have private entrances at different streets. Downstairs unit does need complete build and is being sold as is with no repairs. Foundation work has never been done but probably needs it on the 2 story unit. Electrical has not been updated on 2nd structure but upstairs was remodelled when purchased in 2006. Original hardwood floors in main and upstairs units. Listing for airbnb is Purple Passion on Washington. Both home and 2 story are LSU purple. There is private parking behind the main house with a gate and fence or a cute courtyard. Apartment has street parking. 1 legal property under 400 washington but an address was created for mailbox purposes on the apartment whick is 2700 Gilbert. Owner is relocating out of the country and looking for an honest offer. Pictures will be updated soon. These are stock photos from last year.
#21150050

Shreveport

400 Washington Street

4 Beds

2 Baths

2,469 Sq.Ft.

$205,000

MLS#: 21150050

This renovated triplex is the perfect investment opportunity with all 3 units tenant occupied. This property boast modern amenities and essential upgrades making it an attractive choice for both renters and investors. NEW ROOF, NEW HVAC, NEW ELECTRICAL, AND NEW PLUMBING! Proof of Funds required for showings. This can be purchased in a package with 400 Wyandotte and 408,412 Wyandotte. 48 hour notice required. Contact me today for more information.
#20970961

Shreveport

421 Wyandotte Street

4 Beds

3 Baths

2,554 Sq.Ft.

$230,000

MLS#: 20970961

Great investment opportunity! This property has a main house with 2 bedrooms and 2 bathrooms. The living room is open to the dining room that seamlessly flows into the kitchen. Outback there is a garage apartment. There are 2 bedrooms, 1 bath, living room and kitchen. The second bedroom is a walkthrough
#20934203

Shreveport

744 Ratcliff Street

3 Beds

3 Baths

2,068 Sq.Ft.

$198,500

MLS#: 20934203

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service