2608-2610 Ridgefield Drive, Metairie, LA 70003
Well-maintained all-brick duplex with two leased units, separate meters, and updated HVAC and roof.
- Added:
- Jun 1, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 6 at 3:04 am
Property Features for 2608-2610 Ridgefield Drive
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1964
Listing agent Kathy Ricks License #099563398 (504) 220-0608
Listing office Watermark Realty, LLC (504) 220-0608
Listing date Jun 1, 2026
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of Watermark Realty, LLC
HighLights
- All‑brick duplex (1 story) built in 1964 with 2 full baths and 4 total bedrooms (2 bedrooms per unit).
- Both units are currently leased to long‑term tenants who wish to remain; each unit includes a spacious living room and kitchen/dining area.
- Two separate meters; central air and central heat provided in each unit, with HVAC reportedly 8 years old.
- Roof is asphalt and reportedly 6 years old; insulated windows and slab foundation with traditional details; one‑car carport and rear backyard for each unit.
- Bathroom updates: one unit’s bathroom renovated; other unit bathroom not renovated.
- Plumbing updates: all underground plumbing re‑done 2/26/26 with a 7‑year transferable warranty; termite certificate from inspections dated 5/27/26.
Overview
The property is located in the Linwood Manor Subdivision and is described as convenient to various businesses in the area. The remarks also indicate the property is within walking distance to Lafreniere Park.
For buyers or investors seeking a rental property with current occupancy, this duplex offers two income-producing units with existing tenancy in place. Additional documented items include a termite certificate provided from recent inspections dated 5/27/26, and redone underground plumbing completed 2/26/26, including a 7-year transferable warranty.
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 | $32.4k | $16.20 |
| − Vacancy | −$1.8k | −$0.92 |
| EGI | $30.6k | $15.28 |
| − OpEx | −$9.2k | −$4.58 |
| NOI | $21.4k | $10.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Metairie
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.2173055
- Latitude
- 30.0002703