Kenner Four-Unit Townhouse
1741 42nd Street Kenner, LA 70065
1741 42nd Street, Kenner, LA, 70065
$569,000
For Sale
$569,000
Four 2-bedroom units in Kenner with income potential.
Property Size4,800 SF
Price / SF$118.54
Days on Market275
Property Features for 1741 42nd Street
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1978
Listing Agency
NOLA Living Realty
(617) 602-0897
Listed by
Chengwei Wu · License #995716694
(617) 602-0897
Source
Compass
Added: Oct 16, 2025 Checked: Jul 16 at 7:38 am
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 NOLA Living Realty
Investment Insights
Based on property information with market context.
This four-unit townhouse building is located in Kenner. The two-story brick building contains four units, each featuring 2 bedrooms and 1.5 bathrooms. Each unit provides approximately 1,200 sq ft of living space, for a total property size of 4,800 sq ft. Off-street parking is located behind the property. The location provides convenient access to major roads, shopping, and dining. This property presents an opportunity for investors or owner-occupants seeking rental income. Three units are currently occupied, generating a total monthly rent of $4,000, while one unit is vacant.
Key Highlights
- Four‑unit townhouse building provides immediate rental income with three of four units currently occupied.
- Each unit features 2 bedrooms and 1.5 bathrooms, offering approximately 1,200 sq ft of living space.
- Solid two‑story brick construction ensures durability and low maintenance.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $98.5k | $20.52 |
| − Vacancy | −$9.0k | −$1.87 |
| EGI | $89.5k | $18.65 |
| − OpEx | −$40.3k | −$8.39 |
| NOI | $49.2k | $10.26 |
4,800 SF · lease $20.52/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$752.5K
$658.5K – $877.9K
NOI $52,676 @ 7.0% cap · market cap 9.26%
Second Best
Apartment 5plus
$703.5K
$615.5K – $820.7K
NOI $49,243 @ 7.0% cap · market cap 8.65%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,646 @ 7.0% cap · market cap 15.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cardona janitorial service
Hardware & Home Improvement
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four 2-bedroom units in Kenner with income potential.
Where is this quadplex located?
The property is located at 1741 42nd Street Kenner, LA.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Four‑unit townhouse building provides immediate rental income with three of four units currently occupied.; Each unit features 2 bedrooms and 1.5 bathrooms, offering approximately 1,200 sq ft of living space.; Solid two‑story brick construction ensures durability and low maintenance.
