316 FARRAR Avenue Kenner, LA 70062
MULTI_FAMILY - Kenner, LA
- Added:
- Jun 5, 2026
- Days on Market:
- 37
- Last Refresh:
- Jul 11 at 6:06 am
Property Features for 316 FARRAR Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street, Driveway
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Active
- APN
- 000000
- Size
- 1,460 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- Lot 9, SQ 7 Hanson City
Utilities
- Heating system
- Ductless (Heating), Other (Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Gregg Tepper License #995700267 (985) 727-7000
Listing office Keller Williams Realty Services 1522 W. Causeway Approach, Mandeville, LA (985) 727-7000
Listing date Jun 5, 2026
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.
The property is described as being within walking distance to the river and “River Town,” with convenient access to public transportation, grocery stores, and gas stations nearby. It is also offered as part of a larger portfolio, with additional nearby duplexes and buildable lots available as a discounted package.
For detailed terms and portfolio options, contact Brandon Duracher for more information.
Key Highlights
- Duplex built in 1963
- Public water
- Shingle roof
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 | $30.0k | $20.52 |
| − Vacancy | −$2.7k | −$1.87 |
| EGI | $27.2k | $18.65 |
| − OpEx | −$12.3k | −$8.39 |
| NOI | $15.0k | $10.26 |
