Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16 Hawkins Ave Jefferson, LA 70121

    View on Map
    Sponsored
    For Sale
    $229,000

    Traditional, Duplex - Jefferson, LA

    Type:Duplex
    Property size:
    1,202 SF
    Days on Market:
    1
    Last Refresh:
    Mar 5 at 10:06 pm

    Property Features for 16 Hawkins Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Parking features
    Driveway
    Patio and Porch features
    Porch
    EntryLevel
    1
    Exterior features
    Porch
    Size
    1,202 SF

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Window Unit(s)

    Building Details

    Floors in Building
    1
    Number of units
    2
    Roof type
    Shingle
    Architectural style
    New Traditional

    We can help!

    Listing Contact
    Jennifer Blanchard
    Jennifer Blanchard

    Keller Williams Realty 455-0100 (504) 669-8822

    Listing agent Jennifer Blanchard (504) 455-0100

    Listing date Mar 5, 2026

    MLS# 2545874 Listing URL

    Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Income-Producing Duplex with Efficiency Unit

    This corner-lot property features a fully rented duplex with two units, each containing one bedroom and one bathroom, along with a separate efficiency unit. The property is currently income-producing at $2850 per month. Each unit is equipped with its own water and electric meters, and tenants are responsible for paying their own utilities. Units A and B are equipped with central air and heat, while the efficiency unit has a window unit. The property is located close to Elmwood Shopping Center, Huey P. Long Bridge, hospitals, and restaurants. This property is ideal for investors seeking steady income with built-in tenant occupancy.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Jefferson
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.1597
    Latitude
    29.9622

    Nearby Similar for Sale

    • $599,999
      2,026 SF

      Jefferson Triplex with Development Potential

      Triplex on large lot with development opportunities in Jefferson.
      568 Central Ave, Jefferson, LA 70121
      View Details
    • New
      $350,000
      2,423 SF

      Charming Cottage with Income Potential

      Income-producing property in a charming, quiet neighborhood near Jefferson Park.
      237 Vinet Ave, Jefferson, LA 70121
      View Details
    • New
      $350,000
      1,453 SF

      Renovated Cottage with Guest House

      Renovated cottage with detached guest house near Ochsner campus.
      616 Labarre Rd, Jefferson, LA 70121
      View Details
    • $499,000
      3,906 SF

      Jefferson Warehouse with Assumable Mortgage

      Industrial warehouse with assumable mortgage in Jefferson, Louisiana.
      438 Iris Ave, Jefferson, LA 70121
      View Details
    • $6,575,000
      21,000 SF

      Jefferson Multifamily Property Near Ochsner

      Fully renovated, 100% occupied multifamily property near Ochsner Medical Center.
      261 Jules Ave, Jefferson, LA 70121
      View Details
    • $6,575,000
      21,000 SF

      Jefferson Multifamily Property Near Ochsner

      Fully renovated, 100% occupied multifamily property near Ochsner Medical Center.
      261 Jules Ave, Jefferson, LA 70121
      View Details
    • $315,000
      1,479 SF

      Charming Duplex in Jefferson, LA

      Multi-unit property with income potential in a desirable location.
      104 Dodge Ave, Jefferson, LA 70121
      View Details
    • $325,000
      6,300 SF

      Jefferson Hwy Commercial Investment

      High-traffic location, stable tenants.
      3003-3007 Jefferson Hwy Hwy, Jefferson, LA 70121
      View Details
    • $288,000
      1,600 SF

      Jefferson Highway Commercial Property

      High-traffic location, strong lease in place.
      3805 Jefferson Hwy, Jefferson, LA 70121
      View Details
    • $2,895,000
      28,924 SF

      Riverside Commons: Jefferson, LA Apartment Building

      48-Unit Apartment Complex, High Occupancy
      251 Barry Ave, Jefferson, LA 70121
      View Details

    FAQs

    What type of property is this?
    Duplex - Fully rented duplex with separate efficiency unit near Elmwood.
    Where is this duplex located?
    The property is located at 16 Hawkins Ave Jefferson, LA.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: - Fully rented property generating $2850 per month income.; - Includes a 2-unit duplex (each 1BD/1BA) plus a separate efficiency unit.; - Each unit has separate water and electric meters, with tenants paying their own utilities.
    (504) 345-1000
    Request Owner's contact information
    16 Hawkins Ave Jefferson, LA 70121
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16 Hawkins Ave
    Jefferson, LA 70121
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 Hawkins Ave Jefferson, LA 70121
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jennifer Blanchard
    Jennifer Blanchard
    Real Estate License ID: 76636
    (504) 345-1000 (504) 455-0100 (504) 360-5533
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!