Calling all investors: This income-producing duplex in Metairie is located off Napoleon and Causeway, with easy access to I-10, just blocks from Archbishop Rummel High School, in a quiet neighborhood. Fully leased. Separately metered with tenants paying all utilities. Larger unit features 3 bedrooms & 2.5 bathrooms, while the other unit has 2 bedrooms & 1.5 bathrooms. Both sides boast large kitchens & dining areas, with in-unit laundry, and separate driveways for parking. Large shared back yard. Garage for storage. Newer roof after Ida. Seller's flood policy is $1342/yr. Please allow 24 hrs notice for showing, to accommodate tenants.
Excellent ROI for investors or great way for new homeowner to offset a mortgage by renting the other side. Fully leased duplex in the heart of Metairie grossing $2,800/mo with opportunity to increase rents. Flood Zone X (see attachments for premium details). Refrigerators, stoves and dishwashers included. Property is conveniently located near Interstate 10, Airline Highway, Causeway Boulevard, and Clearview Parkway. Large, corner lot in a well established neighborhood at the intersection of W. Metairie and N. Hullen. Close to the Metairie Road parade routes! 3401 (Tenant Occupied): 2/1, 900 sq. ft, $1,200/mo rent; Large front yard and 125 sq ft. uncovered patio with small side courtyard. 3403 (Tenant Occupied): 2/1, 1031 sq. ft, PLUS 451 sq. ft. detached garage. $1,600/mo rent; Private, fenced back yard. See attachments for layout and dimensions of each apartment. Buyer to verify all measurements. Cash cow ready for new owner/investor! Whether you are looking for your next investment or a new owner who wants to use the other side to offset your mortgage this duplex is one you won't want to miss. Agent related to sellers. Bring all offers - this one won't last long!
Opportunity in Metairie Terrace. Solid home in solid neighborhood. Occupied duplex. Rents are currently under market. Each is the same with 2 beds and 1 bath. Home has new roof, new vinyl siding and new windows. One hvac is 2021. The other 2017. Front porch. Fenced yards. Each unit comes with a storage shed. Live in one side and rent the other and add to your portfolio. No flood insurance necessary.
Don't miss out on an opportunity this spacious townhouse double. Live on one side and lease the other. This double features 3 bed 2 1/2 baths plus a bonus room downstairs that can be used as an office.Each unit has covered parking and a storage room in the rear of the property along with a courtyard.Three bedrooms are upstairs with primary to the rear with a private bath. Hall bath upstairs for the two additional bedrooms.Laundry hookups are downstairs . Each unit has approximately 1875 sq ft.of living area and is very spacious with kitchen overlooking breakfast and den area. Need 24 hour to show since there are tenants living in the property.Sellers are requesting that all closings will be done by Title Source who has closed many of the sellers properties and is familiar with the properties. A great investment. Offers must include a pre-approval letter.
Income producing solid built double in Metairie! $1,500 total monthly rent. The front unit has 2 bedrooms and 1 bath, and rents for $700/month. The back unit has 2 bedrooms and 1 bath, and rents for $800/month. Both units are currently tenant occupied, and have written leases. Tenants are month to month. Separate meters, tenants pay all utilities. Individual driveways for each unit and backyard is divided. First showing will be Friday, August 2. Must have confirmed appointment.
Income producing solid built double in Metairie! $1,500 total monthly rent. The left side unit has 1 bedroom and 1 bath, and rents for $700/month. The right side unit has 2 bedrooms and 1 bath, and rents for $800/month. Both units are currently tenant occupied, and have no written leases. Tenants are month to month. Separate meters, tenants pay all utilities. Individual driveways for each unit and backyard is divided. First showing will be Friday, August 2. Must have confirmed appointment.
LOCATION, LOCATION, LOCATION!!! Welcome to 204-06-08 Division St., a prime investment opportunity in the highly desired area of Metairie! This tri-plex offers the perfect chance to live in one unit while generating rental income from the other two units. The property features a roof that was replaced just 2 years ago, ensuring durability and peace of mind and lower homeowners insurance premiums. Located in a highly desired location, this property offers easy access to local amenities, schools, shopping centers, and dining options. Whether you're an investor looking to expand your portfolio or a homeowner interested in subsidized income, this tri-plex is a smart and profitable choice. Don't miss out on this unique opportunity to own a versatile property in a prime location. Schedule your private showing today! Flood zone X!
ENVIABLE LOCATION in the heart on Metairie!! Let the rent pay for your mortgage. This is a must see Duplex. Was originally built as a Duplex and another unit was built attached with 1200 sf of living. The best construction materials and attention to details were used. Never flooded in an X Flood zone. One unit is vacant and two other are tenant occupied. Make an appointment 24 hrs. in advance. Rent were: $1,250, $1,500 and $1,900.
This prime investment property is situated in the heart of Metairie, with the seller offering "Bond For Deed" financing—contact the agent for details. The property generates total rents of $5,700 and comprises two townhome-style buildings, separated by a breezeway but classified as a single property for tax purposes. Each building contains two units and features renovated balconies. The 4901 building boasts new kitchen countertops, appliances, a new tub, toilet, vanity, faucets, and fresh paint throughout. The 2504 building includes a new A/C unit, updated bathroom flooring, and a new vanity. Additionally, the roof has been resurfaced. The property provides off-street parking with spacious driveways and generous floor plans. The three-bedroom units also offer a small yard and outdoor storage.
PRICE REDUCTION! This is an 18-unit building that must be sold with the neighborhing 18 unit building at 2205 N. Hullen St - total of 36 units for $3.75M. This well maintained complex consists of a mix of 2 bed 1 bath units, 2 bed 1.5 bath units and 1 bed 1 bath units with addition of a coin operated laundry room in each building. Based on market rent comparables included in this OM, there is room to increase rental rates to $1,350/mo for the larger units. Metairie is a highly desirable market for both renters and investors alike. Multifamily properties in Metairie generally experience lower turnover and rent extremely quick and 2205/2221 N Hullen is no exception. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations. Property amenities include a well-kept swimming pool, laundry room in each building, washer & dryer hookups in several units, and ample parking for tenants. New roof as of 2022. In sum, 2205 & 2221 N. Hullen Street represents an extraordinary value-add investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.
Excellent investment property with promising opportunity in one of the most convenient locations in Metairie. With cosmetic improvements you can boost its appeal and value. From updating the kitchen to refreshing the bathrooms, there's ample room for enhancement. Tenants will appreciate the convenience of living in this well-connected location, with access to transportation, schools, and parks. Don't miss this chance to invest in a property with great potential in a highly desirable area.
PRICE REDUCTION! Introducing 2205 & 2221 N. Hullen Street, a 36-unit multifamily property (two 18-unit buildings) located in Metairie, LA. This well maintained complex consists of a mix of 2 bed 1 bath units, 2 bed 1.5 bath units and 1 bed 1 bath units with addition of a coin operated laundry room in each building. Based on market rent comparables included in this OM, there is room to increase rental rates to $1,350/mo for the larger units. Metairie is a highly desirable market for both renters and investors alike. Multifamily properties in Metairie generally experience lower turnover and rent extremely quick and 2205/2221 N Hullen is no exception. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations. Property amenities include a well-kept swimming pool, laundry room in each building, washer & dryer hookups in several units, and ample parking for tenants. New roof as of 2022. In sum, 2205 & 2221 N. Hullen Street represents an extraordinary value-add investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.
Back on the market due to Buyer's financing. Raised shotgun brick Double, only 1 owner, built in 1953 & never flooded! Rear yard access on each side leading to a detached 4 car carport built in 1978 with metal roof which includes 2 washers, 2 dryers, 2 utility sinks and additional independent storage spaces + 1 freezer on the left side. Additional benefits include a new roof on the house, hot water heater, 1 AC/heat WU & 1 AC WU all installed in 2022. Plus DBL insulated windows installed in 2009 by Window World with a transferable lifetime warranty & breaker box installed approx 5 years ago. North side unit includes a 5 burner gas stove, refrigerator, microwave & the South side has a gas cooktop, hood, wall oven, warming drawer, dishwasher, refrigerator & microwave! Original hardwood floors, believed to also be throughout except in kitchen & bathrooms, add valuable character. Relax on the back porch or have events under your large covered 40’ x 20’ carport (~overall total sq ft 3,208). Plenty of space in the walkable open attic. Home & carport includes a transferable termite contract w/Orkin. Great source of income with options to owner occupy and rent out 1 side, or rent out both sides! Other possibilities with RR3 zoning & abutting GO2 properties. Easy access to I-10, Airline, restaurants, groceries & more! Attached floor plan is available to view (front bedrooms only/no closets). All information is to be verified, this is a succession property & being sold as is. Property passed inspections & appraisal!
This double in the Bridgedale area presents an interesting investment opportunity. One side has low rents due to a long-term tenant on a month-to-month lease. The property features a newer roof, which is a valuable update that reduces maintenance costs.Both sides of the double have newer kitchens with granite countertops, providing a modern and desirable feature for potential tenants. Each side also enjoys the benefit of a large yard.The location of this home is particularly convenient, situated in the heart of Metairie with easy access to the interstate. This allows for quick and easy commutes to downtown New Orleans and the airport, making it an attractive location for tenants.Overall, this double in the Bridgedale area offers a mix of potential rental income and a prime location, making it a promising investment opportunity.
The median home value in Metairie, LA is $232,200. This is higher than the county median home value of $179,700. The national median home value is $219,700. The average price of homes sold in Metairie, LA is $232,200. Approximately 57.44% of Metairie homes are owned, compared to 35.66% rented, while 6.91% are vacant. Metairie real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Metairie real estate agent to arrange a tour today!
Metairie, Louisiana 70001 has a population of 144,822. Metairie 70001 is more family-centric than the surrounding county with 26.92% of the households containing married families with children. The county average for households married with children is 26.35%.
The median household income in Metairie, Louisiana 70001 is $55,221. The median household income for the surrounding county is $50,868 compared to the national median of $57,652. The median age of people living in Metairie 70001 is 40.8 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 45 degrees. The average rainfall is approximately 63 inches per year, with 0 inches of snow per year.