Turnkey Duplex
2032 JAMES Drive, Marrero, LA 70072
MULTI_FAMILY - Marrero, LA
Property size:
2,000 SFLot size:
0.13 AcresPrice / SF:
$149/SF- Added:
- Feb 10, 2026
- Days on Market:
- 112
- Last Refresh:
- Jun 2 at 10:06 pm
Property Features for 2032 JAMES Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 01
- Size
- 2,000 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Description
- LOT 1A SQ M SEC D GOLDEN HGTS 11024869
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent veronica ly (504) 810-2825
Listing office Century 21 J. Carter & Company 3540 S I-10 Service Rd W, Metairie, LA (504) 810-2825
Listing date Feb 10, 2026
MLS# 2542204
Listing URL
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.
HighLights
- Duplex built in 1980 with each unit featuring a spacious 3‑bedroom, 2‑bath layout
- Updated kitchens and baths in both units with new flooring and fresh paint throughout
- New HVAC plus central heating (central) and central air (central air) for improved comfort
- Project includes public water service and a shingle roof
- Each unit has projected cash flow of approx. $1,800/month (projected)
- Situated on a 5,628 sq ft lot
Overview
This beautifully remodeled, turnkey duplex is designed for low maintenance and immediate occupancy. Each unit features a spacious 3-bedroom, 2-bath layout with updated kitchens and baths, new flooring, fresh paint, and brand-new HVAC. The overall finish level is modern and consistent throughout, making it well suited for owner-occupants who want rental income or investors seeking ready-to-rent consistency.
The property is located at 2032 JAMES Drive in Marrero, Louisiana, in Jefferson Parish. With a total lot size of 5,628 square feet, the duplex offers a practical residential setup for income generation.
From an investment perspective, the configuration supports straightforward renting of two similar floorplans, which can simplify property management and leasing. For buyers who prefer an owner-occupied strategy, the duplex also provides the option to live in one unit while renting the other. With new HVAC and refreshed interior finishes, the home is positioned to appeal to tenants looking for a clean, updated space without the disruptions that often come with ongoing renovations.
The property is located at 2032 JAMES Drive in Marrero, Louisiana, in Jefferson Parish. With a total lot size of 5,628 square feet, the duplex offers a practical residential setup for income generation.
From an investment perspective, the configuration supports straightforward renting of two similar floorplans, which can simplify property management and leasing. For buyers who prefer an owner-occupied strategy, the duplex also provides the option to live in one unit while renting the other. With new HVAC and refreshed interior finishes, the home is positioned to appeal to tenants looking for a clean, updated space without the disruptions that often come with ongoing renovations.
Local Financial Insights For Multifamily LT 5
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 | $34.3k | $17.16 |
| − Vacancy | −$3.0k | −$1.48 |
| EGI | $31.4k | $15.68 |
| − OpEx | −$9.4k | −$4.70 |
| NOI | $21.9k | $10.97 |
2,000 SF · lease $17.16/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$313.5K
$274.4K – $365.8K
NOI $21,948 @ 7.0% cap · market cap 7.34%
Second Best
Apartment 5plus
$293.1K
$256.5K – $342.0K
NOI $20,518 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$527.7K
$461.7K – $615.6K
NOI $36,936 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Marrero
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.11019
- Latitude
- 29.870312
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Remodeled duplex with two move-in ready 3-bedroom units and updated systems for strong rental appeal.
Where is this duplex located?
The property is located at 2032 JAMES Drive Marrero, LA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Duplex built in 1980 with each unit featuring a spacious 3‑bedroom, 2‑bath layout; Updated kitchens and baths in both units with new flooring and fresh paint throughout; New HVAC plus central heating (central) and central air (central air) for improved comfort
