Remodeled Duplex with New
For Sale
$289,000
2032 34 James Dr, Marrero, LA 70072
Two updated three-bedroom units offer refreshed interiors, modern kitchens and baths, and move-in-ready condition.
Property Size2,000 SF
Lot Size0.13 Acres
Price / SF$144.50
Days on Market87
Property Features for 2032 34 James Dr
General Information
Standard status
Active
Size
2,000 SF
Lot size
0.13 Acres
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
1980
Listing Agency:
Century 21 J. Carter & Company
Listed By:
veronica ly · License #995716621
(504) 505-5377
Source:
Fiorellaavenue
Added: Jul 21
Changed: Oct 8
Last Checked: Oct 12 at 11:34PM
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 Century 21 J. Carter & Company
Investment Insights
Based on property information with market context.
This remodeled duplex contains two residential units, each arranged with three bedrooms and two bathrooms. Improvements include updated kitchens and baths, new flooring, fresh paint, and new HVAC systems. The property offers 2,000 square feet of building area on a 5,628-square-foot lot.
Built in 1980, the duplex is located at 2032 34 James Dr in Marrero, Louisiana. The refreshed interiors and updated mechanical systems provide a consistent configuration across both units, with each residence offering the same three-bedroom, two-bath layout.
Built in 1980, the duplex is located at 2032 34 James Dr in Marrero, Louisiana. The refreshed interiors and updated mechanical systems provide a consistent configuration across both units, with each residence offering the same three-bedroom, two-bath layout.
Key Highlights
- Two‑unit duplex with matching 3‑bedroom, 2‑bath layouts
- 2,000 square feet of building area
- 5,628‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,948
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,960
$439.0K
Cap Rate 7%
$313,543
$313.5K
Cap Rate 9%
$243,867
$243.9K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$34.3K $17.16/SF
− Vacancy
−$3.0K −$1.48/SF
EGI
$31.4K $15.68/SF
− OpEx
−$9.4K −$4.70/SF
NOI
$21.9K $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%
$438,960
Cap Rate 7%
$313,543
Cap Rate 9%
$243,867
Alternative Uses
Best Use
Multifamily LT 5
$313.5K
$274.4K – $365.8K
NOI $21,948 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$293.1K
$256.5K – $342.0K
NOI $20,518 @ 7.0% cap · market cap 7.10%
Theoretical Best
Office A
$527.7K
$461.7K – $615.6K
NOI $36,936 @ 7.0% cap · market cap 12.78%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Explore this area
Business Placement
Demographics for 70072, LA
56,924
Population
22,845
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
80%
High-School Grad
51.8 sq mi
ZIP Area
1,099
Density / Sq Mi
$55,866
Median Household Income
$34,411
Median Earnings
$1,091
Median Rent
$190,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two updated three-bedroom units offer refreshed interiors, modern kitchens and baths, and move-in-ready condition.
Where is this duplex located?
The property is located at 2032 34 James Dr Marrero, LA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two‑unit duplex with matching 3‑bedroom, 2‑bath layouts; 2,000 square feet of building area; 5,628‑square‑foot lot
