Two-Unit Duplex with
For Sale
$299,000
1027 DOLHONDE Street, Gretna, LA 70053
Multifamily, Gretna, LA
Property Size1,485 SF
Lot Size0.22 Acres
Price / SF$201.35
Days on Market115
Property Features for 1027 DOLHONDE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1
Parking
1
Parking features
Driveway
Patio and Porch features
Porch
Standard status
Active
APN
700531027DOLHONDEST
Size
1,485 SF
Lot size
0.22 Acres
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
private laundry room
front porches
Building Details
Year built
1957
Number of units
2
Architectural style
Shotgun
Listing Agency:
Team Tatje Realtors, LLC
Listed By:
Blaine H Tatje · License #995712484
(504) 293-2460
Added: Jul 1
Changed: Oct 23
Last Checked: Oct 23 at 8:06PM
MLS# 2564441
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1957 shotgun duplex contains two units, each with 2 bedrooms and 1 bathroom. Interior features include restored hardwood flooring, high ceilings, generous natural light, a living area, and an eat-in kitchen with a gas range. Each residence also has a private laundry room and an updated bathroom. Central heating and air conditioning serve the building, and the property includes front porches and driveway parking.
The 0.2192-acre parcel has a large backyard and additional outdoor space. Public water and sewer are available, along with natural gas.
The 0.2192-acre parcel has a large backyard and additional outdoor space. Public water and sewer are available, along with natural gas.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,485 square feet on a 0.2192‑acre lot
- Shotgun‑style building constructed in 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,297
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,940
$325.9K
Cap Rate 7%
$232,814
$232.8K
Cap Rate 9%
$181,078
$181.1K
Market Conditions
NOI Build-Up for 1,485 SF
Gross rent
$25.5K $17.16/SF
− Vacancy
−$2.2K −$1.48/SF
EGI
$23.3K $15.68/SF
− OpEx
−$7.0K −$4.70/SF
NOI
$16.3K $10.97/SF
Area
Jefferson County, LA
Vacancy
8.64%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,940
Cap Rate 7%
$232,814
Cap Rate 9%
$181,078
Alternative Uses
Best Use
Multifamily LT 5
$232.8K
$203.7K – $271.6K
NOI $16,297 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$217.6K
$190.4K – $253.9K
NOI $15,235 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$391.8K
$342.8K – $457.1K
NOI $27,425 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,970
Businesses Nearby
Explore this area
Business Placement
Demographics for 70053, LA
16,509
Population
7,865
Households
2.1
Avg Household Size
39
Median Age
24%
College-Educated
75%
High-School Grad
3.4 sq mi
ZIP Area
4,856
Density / Sq Mi
$43,786
Median Household Income
$31,667
Median Earnings
$1,017
Median Rent
$225,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each provide a two-bedroom layout, private laundry, and a gas range.
Where is this duplex located?
The property is located at 1027 DOLHONDE Street Gretna, LA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,485 square feet on a 0.2192‑acre lot; Shotgun‑style building constructed in 1957
