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    Kenner Multifamily Investment Opportunity

    2222 FLORIDA Avenue Kenner, LA 70062

    2222 FLORIDA Avenue, Kenner, LA, 70062
    $1,200,000
    For Sale
    Claim this Listing
    $1,200,000

    COMMERCIAL - Kenner, LA

    Property Size6,572 SF
    Lot Size0.34 Acres
    Price / SF$182.59
    AddedAug 12, 2025
    Days on Market337
    Last RefreshJul 14 at 2:06 pm

    Property Features for 2222 FLORIDA Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-2
    Parking features
    Assigned
    Standard status
    Active
    APN
    0920022450
    Size
    6,572 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Description
    LOTS 13 THRU 17 & 7.5' ALLEY SQ 458 HIGHWAY PK

    Utilities

    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    1

    Listing agent Amanda Miller License #995687438

    Listing office Amanda Miller Realty, LLC 300 W Judge Perez Drive, Chalmette, LA

    Listing date Aug 12, 2025

    MLS# 2523680

    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.

    Investment Insights

    Based on property information with market context.

    This nine-unit multifamily property in Kenner, Louisiana, presents an investment opportunity with strong rental income potential. The property is located near major thoroughfares, shopping, dining, and the New Orleans International Airport. Each unit features a two-bedroom, one-bathroom layout designed for functionality and tenant appeal, including individual entrances and a practical layout. On-site parking is available for residents. The location ensures high rental demand. Seven of the nine units are currently occupied, generating a total rent of $7,750. The property has separate gas, water, and electric meters. The lot size is 0.3444 acres. The property size is 6,572 square feet. The zoning is C-2.

    Key Highlights

    • Strong Rental Income Potential: 9‑unit multifamily property in a thriving rental market.
    • High Occupancy & Cash Flow: 7 of 9 units occupied, generating $7,750 in monthly rent.
    • Convenient Location: Close to major thoroughfares, shopping, dining, and the New Orleans International Airport.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $134.9k $20.52
    − Vacancy −$12.3k −$1.87
    EGI $122.6k $18.65
    − OpEx −$55.2k −$8.39
    NOI $67.4k $10.26
    6,572 SF · lease $20.52/SF/yr · vacancy 9.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $963.2K
    $842.8K – $1.12M (±1% cap)
    NOI $67,422 @ 7.0% cap · market cap 5.62%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.73M
    $1.52M – $2.02M (±1% cap)
    NOI $121,372 @ 7.0% cap · market cap 10.11%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    techs R here Computer & Electronic Repair

    Suggested Use

    Real Estate Agency Law Firm Dental Office Spa & Massage Center Daycare Center Parking Lot & Garage Hair Salon Gym & Fitness Center Nail Salon Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Apartment building - Nine-unit multifamily property in Kenner with strong rental income potential.
    Where is this apartment building located?
    The property is located at 2222 FLORIDA Avenue Kenner, LA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Strong Rental Income Potential: 9‑unit multifamily property in a thriving rental market.; High Occupancy & Cash Flow: 7 of 9 units occupied, generating $7,750 in monthly rent.; Convenient Location: Close to major thoroughfares, shopping, dining, and the New Orleans International Airport.
    Contact an agent
    (504) 302-4610
    We can help!
    Contact an agent
    Amanda Miller
    Amanda Miller
    Real Estate License ID: 995687438
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