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Two-Unit Duplex
For Sale
$260,000

1326-1328 DUPAS Street, Gretna, LA 70053

Multifamily, Gretna, LA

Property Size1,500 SF
Price / SF$173.33
Days on Market59

Property Features for 1326-1328 DUPAS 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 3
Exterior features Permeable Paving
Subdivision Suburban
Standard status Active
APN 0100002263
Size 1,500 SF

Additional Details

Tenant in Place Yes

Taxes and HOA fees

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

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1970
Number of units 2
Building materials Brick, Vinyl Siding
Listing Agency: Homesmart Realty South - Metairie · HomeSmart International
Listed By: Gary M Rachel · License #000015515
Added: Aug 26 Changed: Oct 23 Last Checked: Oct 23 at 8:06PM
MLS# 2573363

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 1,500-square-foot duplex was built in 1970 and has brick and vinyl siding, central heating, and central air conditioning. The room inventory includes four bedrooms and two bathrooms.

The front unit is leased, while the rear unit is vacant. Public water and public sewer serve the property.

Key Highlights

  • 1,500 square feet across a two‑unit duplex
  • Front unit is leased; rear unit is vacant
  • Four bedrooms and two bathrooms listed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,461
Cap Rate
6.33%
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 6.33%
Second Best
Apartment 5plus
$219.8K
$192.4K – $256.5K (±1% cap)
NOI $15,388 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$395.7K
$346.3K – $461.7K (±1% cap)
NOI $27,702 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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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

Frequently Asked Questions

What type of property is this?
Duplex - Central heating and air conditioning serve the property.
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 $260,000.
What are key features of this property?
This property features: 1,500 square feet across a two‑unit duplex; Front unit is leased; rear unit is vacant; Four bedrooms and two bathrooms listed
More about this property
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