Duplex with One Vacant
For Sale
$265,000
1326-1328 Dupas St, Gretna, LA 70053
Two-unit residential property with one occupied unit and one available for lease.
Property Size1,500 SF
Price / SF$176.67
Days on Market47
Property Features for 1326-1328 Dupas St
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1970
Listing Agency:
Homesmart Realty South
Listed By:
Gary Rachel · License #0000015515
(504) 909-5152
Source:
Fiorellaavenue
Added: Sep 7
Changed: Oct 16
Last Checked: Oct 7 at 2:48PM
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 Homesmart Realty South
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Investment Insights
Based on property information with market context.
This 1970-built duplex contains two residential units within approximately 1,500 square feet. The front unit is leased, while the rear unit is currently vacant, providing a clear difference in occupancy between the two sides.
Located at 1326-1328 Dupas St in Gretna, Louisiana, the property offers a two-unit configuration suitable for continued residential leasing. The existing lease on the front unit and vacancy in the rear unit are the primary current occupancy details.
Located at 1326-1328 Dupas St in Gretna, Louisiana, the property offers a two-unit configuration suitable for continued residential leasing. The existing lease on the front unit and vacancy in the rear unit are the primary current occupancy details.
Key Highlights
- Two‑unit duplex at 1326‑1328 Dupas St, Gretna, LA 70053
- Approximately 1,500 square feet
- Built in 1970
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,461
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,220
$329.2K
Cap Rate 7%
$235,157
$235.2K
Cap Rate 9%
$182,900
$182.9K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$25.7K $17.16/SF
− Vacancy
−$2.2K −$1.48/SF
EGI
$23.5K $15.68/SF
− OpEx
−$7.1K −$4.70/SF
NOI
$16.5K $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%
$329,220
Cap Rate 7%
$235,157
Cap Rate 9%
$182,900
Alternative Uses
Best Use
Multifamily LT 5
$235.2K
$205.8K – $274.4K
NOI $16,461 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$219.8K
$192.4K – $256.5K
NOI $15,388 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$395.7K
$346.3K – $461.7K
NOI $27,702 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,031
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with one occupied unit and one available for lease.
Where is this duplex located?
The property is located at 1326-1328 Dupas St Gretna, LA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two‑unit duplex at 1326‑1328 Dupas St, Gretna, LA 70053; Approximately 1,500 square feet; Built in 1970
