Two-Unit Duplex with Interior
For Sale
$271,900
103 Live Oak Dr, Belle Chasse, LA 70037
Both residences offer two bedrooms, one bathroom, and an adjoining room suited to living, dining, or office use.
Property Size1,866 SF
Price / SF$145.71
Days on Market52
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Property Features for 103 Live Oak Dr
General Information
Standard status
Active
Size
1,866 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
a few updates
Additional Details
Multifamily Units
2
Amenities
interior laundry rooms
Building Details
Year Built
1958
Listing Agency:
CBTEC BELLE CHASSE
Listed By:
Bonnie Buras · License #000052386
(504) 355-0560
Source:
Dominionplace
Added: Aug 25
Changed: Oct 8
Last Checked: Oct 7 at 5:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBTEC BELLE CHASSE
Investment Insights
Based on property information with market context.
Built in 1958, this 1,866-square-foot duplex contains two residences, each with two bedrooms and one full bathroom. The kitchens feature tile flooring and connect to an additional room that can serve as living space, a dining area, or a home office. Interior laundry rooms are included in both units.
The property is located at 103 Live Oak Dr in Belle Chasse, Louisiana, and sits within an X flood zone. Its configuration supports either rental use or an owner-occupant arrangement, with updates identified as part of the property's current condition.
The property is located at 103 Live Oak Dr in Belle Chasse, Louisiana, and sits within an X flood zone. Its configuration supports either rental use or an owner-occupant arrangement, with updates identified as part of the property's current condition.
Key Highlights
- Two‑unit duplex with 1,866 square feet
- Each unit includes 2 bedrooms and 1 full bathroom
- Tile flooring in both kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,478
Cap Rate
7.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,560
$409.6K
Cap Rate 7%
$292,543
$292.5K
Cap Rate 9%
$227,533
$227.5K
Market Conditions
NOI Build-Up for 1,866 SF
Gross rent
$32.0K $17.16/SF
− Vacancy
−$2.8K −$1.48/SF
EGI
$29.3K $15.68/SF
− OpEx
−$8.8K −$4.70/SF
NOI
$20.5K $10.97/SF
Area
Plaquemines 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%
$409,560
Cap Rate 7%
$292,543
Cap Rate 9%
$227,533
Alternative Uses
Best Use
Multifamily LT 5
$292.5K
$256.0K – $341.3K
NOI $20,478 @ 7.0% cap · market cap 7.53%
Second Best
Apartment 5plus
$273.5K
$239.3K – $319.1K
NOI $19,143 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$492.3K
$430.8K – $574.4K
NOI $34,461 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 70037, LA
16,262
Population
6,682
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
91%
High-School Grad
49.9 sq mi
ZIP Area
326
Density / Sq Mi
$92,193
Median Household Income
$45,608
Median Earnings
$1,650
Median Rent
$350,000
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 - Both residences offer two bedrooms, one bathroom, and an adjoining room suited to living, dining, or office use.
Where is this duplex located?
The property is located at 103 Live Oak Dr Belle Chasse, LA.
What is the asking price?
The asking price for this property is $271,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,866 square feet; Each unit includes 2 bedrooms and 1 full bathroom; Tile flooring in both kitchens
