Quadplex with Private
1748 E Newport Place, Kenner, LA 70065
For Sale
New
$565,000
Multifamily, Kenner, LA
Property Size4,760 SF
Lot Size0.20 Acres
Price / SF$118.70
Days on Market3
Property Features for 1748 E Newport Place
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Parking features
Interior features
Exterior features
Appliances
Subdivision
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
in-unit laundry
fenced backyard
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Realty One Group Immobilia
(504) 405-3211
Listed By:
Celia M Cruz · License LA #995697759
(504) 994-4422
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 200UPI
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.
Built in 1973, this 4,760-square-foot quadplex contains four residences, each measuring 1,190 square feet. The units have two bedrooms, one-and-a-half bathrooms, a living room, kitchen, and in-unit laundry, with a fenced backyard assigned to each residence. The building sits on a 0.2-acre lot and is zoned R1A. Central heating and air conditioning serve the property, and each unit has a water heater.
All four units are leased. The roof was replaced in 2020, plumbing work was completed in 2009, and the interiors were remodeled in 2006. Two units received new HVAC systems two years ago. Parking is available off street, with spaces designated for residents.
All four units are leased. The roof was replaced in 2020, plumbing work was completed in 2009, and the interiors were remodeled in 2006. Two units received new HVAC systems two years ago. Parking is available off street, with spaces designated for residents.
Key Highlights
- Four leased residences, each with 1,190 square feet of living area
- Each unit has two bedrooms, one‑and‑a‑half bathrooms, in‑unit laundry, and a fenced backyard
- Roof replaced in 2020; plumbing replaced in 2009; interiors remodeled in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,913
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$818,260
$818.3K
Cap Rate 7%
$584,471
$584.5K
Cap Rate 9%
$454,589
$454.6K
Market Conditions
NOI Build-Up for 4,760 SF
Gross rent
$64.0K $13.44/SF
− Vacancy
−$5.5K −$1.16/SF
EGI
$58.4K $12.28/SF
− OpEx
−$17.5K −$3.68/SF
NOI
$40.9K $8.60/SF
Area
Jefferson County, LA
Vacancy
8.64%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$818,260
Cap Rate 7%
$584,471
Cap Rate 9%
$454,589
Alternative Uses
Best Use
Multifamily LT 5
$584.5K
$511.4K – $681.9K
NOI $40,913 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$518.1K
$453.4K – $604.5K
NOI $36,268 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $87,908 @ 7.0% cap · market cap 15.56%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
772
Businesses Nearby
Explore this area
Business Placement
Demographics for 70065, LA
51,484
Population
21,890
Households
2.4
Avg Household Size
40
Median Age
32%
College-Educated
87%
High-School Grad
8.0 sq mi
ZIP Area
6,436
Density / Sq Mi
$65,899
Median Household Income
$41,058
Median Earnings
$1,123
Median Rent
$255,800
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Jefferson County, LA
Properties on Market for Quadplexes in Jefferson County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences are leased and include in-unit laundry and separate fenced outdoor space.
Where is this quadplex located?
The property is located at 1748 E Newport Place Kenner, LA.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Four leased residences, each with 1,190 square feet of living area; Each unit has two bedrooms, one‑and‑a‑half bathrooms, in‑unit laundry, and a fenced backyard; Roof replaced in 2020; plumbing replaced in 2009; interiors remodeled in 2006
