Local realty services provided by:Better Homes and Gardens Real Estate Veranda Realty
707 Kirkland Street,Ruston, LA 71270
$1,159,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: justin bryant
Office: lincoln realty
MLS#:217391
Source:LA_NEBOR
Price summary
- Price:$1,159,000
About this home
Turn-key 9-home rental portfolio offered only as a package in Ruston, Louisiana. All nine single-family homes are located side by side and were built in 2019, offering modern construction, low maintenance, and efficient long-term ownership. Each home features 3 bedrooms, 1 bathroom, and approximately 1,026 heated square feet. All properties are tenant occupied with 9 of 9 units currently leased. The portfolio generates a gross monthly income of $7,883, totaling $94,596 annually, providing stable cash flow. All homes qualify for Section 8, with one unit currently utilizing a Section 8 split payment, offering additional rent stability and future income flexibility. The package is priced at $1,159,000. With all homes located together, this portfolio benefits from streamlined management, reduced operating costs, and strong rental demand in the Ruston market. This is an attractive opportunity for investors seeking a true turn-key acquisition with immediate income, long-term appreciation potential, and minimal operational complexity. Pre-qualified buyers only.
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Home facts
- Year built:2019
- Listing ID #:217391
- Added:51 day(s) ago
- Updated:January 30, 2026 at 05:42 PM
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Architectural Style
- Year built:2019
Utilities
- Water:Public
- Sewer:Public
Finances and disclosures
- Price:$1,159,000
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