500 Mccormick Street

About this home

Fully occupied, income-producing Bossier City duplex offered at $110,000. The property contains two 1-bedroom, 1-bath units currently renting for $625 and $750 per month, producing combined gross rental income of $1,375 monthly or $16,500 annually. Current owner-reported recurring expenses include approximately $2,280 annually for professional property management and $3,168 annually for property taxes and insurance. Based on these figures, the property produces an estimated net operating income of $11,052 and a 10.05% cap rate at the asking price, before vacancy, repairs and capital reserves. Rent roll, leases and investor operating analysis are available for review. Please do not disturb tenants. All showings require 24-hour notice and must be scheduled through the listing agent. Property may be purchased individually or considered with additional seller-owned rental properties. Financial information is provided by the owner and should be independently verified by the buyer.

Schools

Elementary

Bossier ISD schools

Middle

Bossier ISD schools

High

Bossier ISD schools

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #

21211491

Property Type

Multi-Family / Income

Status

For Sale

County

Bossier

Subdivision

Hornsby Sub

Lot Size

2,657.16 sqft

HOA Dues

None

Annual Taxes

$490

Days on Market

132 days

Listed

Mar 17, 2026

Price per Sqft

Not listed