Police identified the suspect as city resident Neiko Nichols, 26.
The victim has been identified as 52-year-old Jerry Fulton.
The shooting happened around 7:20 p.m. Wednesday in the 6100 block of Magnolia Street.
According to investigators, Nichols called police and reported that he acted in self-defense.
Officers arrived to find Fulton with a single gunshot wound to the chest.
He was taken to the hospital but was pronounced dead a short time later.
No further details about the circumstances of the shooting have been released. Police say the investigation remains ongoing.
Investigators say they responded to a call over parking issues among neighbors at the same location back in January.