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Fenced Duplex Property
For Sale
$265,000

1326-1328 DUPAS Street, Gretna, LA 70053

Multi-Family, Gretna, LA

Property Size1,500 SF
Price / SF$176.67
Days on Market49

Property Features for 1326-1328 DUPAS Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Exterior features Driveway Permeable Surface, Fence
Fencing Fenced
Subdivision Suburban
Lot features Regular
Standard status Active
APN 0100002263
Size 1,500 SF

Taxes and HOA fees

Tax Description Lots 1 & 2 SQ 1 Suburban PK
Legal Description Lots 1 & 2 SQ 1 Suburban PK

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1970
Floors in Building 1
Number of units 2
Listing Agency: Homesmart Realty South · HomeSmart International
Listed By: Gary Rachel · License #0000015515
Added: Aug 26 Changed: Sep 21 Last Checked: Oct 13 at 4:06PM
MLS# 2573363

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 duplex in Gretna contains 1,500 square feet across two units. The front unit is leased, while the rear unit is vacant and available for rental occupancy, providing flexibility for an owner-occupant or an investor leasing both sides. The property was built in 1970 and includes central heating and central air conditioning.

Located at 1326-1328 Dupas Street, the property has a fenced exterior, a permeable-surface driveway, and public water service. Its two-unit layout supports separate residential use within a single income-property asset.

Key Highlights

  • Two‑unit duplex with 1,500 square feet
  • Front unit is currently leased
  • Rear unit is vacant and available for rental occupancy

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 (±1% cap)
NOI $16,461 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$219.8K
$192.4K – $256.5K (±1% cap)
NOI $15,388 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$395.7K
$346.3K – $461.7K (±1% cap)
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

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Florist Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,031
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with one leased side and a vacant rear unit available for rental occupancy.
Where is this duplex located?
The property is located at 1326-1328 DUPAS Street 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 with 1,500 square feet; Front unit is currently leased; Rear unit is vacant and available for rental occupancy
More about this property
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