Agent profile image in chat bubble
Agent profile image in chat header

Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

Agent profile image in message

416 Colquitt St , Bossier City, LA 71111
$179,900
Est. Payment: $905.23/mo
1 Bed
1 Bath
2120 Sqft
Status: active | Days on site: 159
Get Pre-Qualified
VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

Fully occupied Bossier City triplex offered at $179,900, representing an investor basis of approximately $84.86 per square foot. Three 1-bedroom, 1-bath units currently rent for $600, $700 and $700, producing combined gross rental income of $2,000 monthly or $24,000 annually. All tenants are current, and two of the three tenancies include documented third-party rent support. Payment history is available to qualified buyers with appropriate privacy redactions. Tenants pay all utilities. Owner-reported city and parish taxes plus property insurance total approximately $1,052 annually. For conservative underwriting, a $75-per-unit monthly management allowance produces estimated pro forma annual expenses of $3,752, NOI of $20,248 and an 11.26% cap rate at the asking price, before vacancy, repairs and capital reserves. Seller reports that the property was comprehensively renovated in 2021 by a professional contractor using applicable permits and inspections, including complete replacement of the plumbing and electrical systems, a new roof and extensive additional improvements. Rent roll, leases, payment history, investor analysis and available renovation documentation may be reviewed. Please do not disturb tenants. All showings require 24-hour notice and must be coordinated through the listing agent. Property may be purchased individually or considered with additional seller-owned rentals. All information is owner-provided and should be independently verified.

Highlights

Listed by Desiree Davis , Diamond Realty & Associates , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1942

County

Bossier

Neighborhood

East Mccormick Sub

School District

Bossier PSB

Listing ID

21210316

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Floor:Vinyl
Other:
  • Additional:Cable TV Available, High Speed Internet Available

Exterior Features

Garage Capacity:3
Roof:Shingle
Others:
  • Additional:Preowned
Parking Features:Driveway,On Site,On Street
Principal Interest
$905
Taxes
$24

Home Price

$179,900

Loan Details

30 yrs
6.453%

Down Payment

20%
$35,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$905.23

Principal

Taxes

Principal Taxes HOA Total
Monthly $905.23 $24.17 $0.00 $929.40
Yearly $10,862.74 $290.00 $0.00 $11,152.74
Total $325,882.21 $8,700.00 $0.00 $334,582.21

Today's Rates

30 Year

6.45%

20 Year

6.34%

15 Year

5.98%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Aug 2026

Average Price

All Price Ranges
N/A
Aug 2026

Average Days on Market

All Price Ranges
N/A
Aug 2026
Market insight data is pulled from the same city as the listing being viewed (Bossier City, LA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems