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    All-Brick Duplex With Long-Term Tenants Title is generated by Realmo AI

    2608-2610 Ridgefield Drive, Metairie, LA 70003

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    For Sale
    $260,000

    Well-maintained all-brick duplex with two leased units, separate meters, and updated HVAC and roof.

    Type:MULTI FAMILY FOR SALE / Townhouse
    Property size:
    2,000 SF
    Price / SF:
    $130/SF
    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

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    Listing Contact
    Kathy Ricks

    Listing agent Kathy Ricks License #099563398

    Listing office Watermark Realty, LLC

    Listing date Jun 1, 2026

    Source Compass

    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 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

    This all-brick double duplex is well maintained and currently has both sides leased to long-term tenants who wish to remain. Each unit includes two bedrooms, one bathroom, a spacious living room, and a combined kitchen/dining area. An inside laundry area, insulated windows, a one-car carport, and a rear backyard are included with each side. The units have separate meters, and the seller provides a gas stove (no other appliances). Central air and heat are approximately 8 years old, and the roof is approximately 6 years old. One unit features a renovated bathroom, while the other has not been renovated. Each unit also includes gas or electric hookups for a washer and dryer.

    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
    2,000 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $305.5K
    $267.3K – $356.5K (±1% cap)
    NOI $21,387 @ 7.0% cap · market cap 8.23%
    Second Best
    Apartment 5plus
    $265.9K
    $232.7K – $310.2K (±1% cap)
    NOI $18,612 @ 7.0% cap · market cap 7.16%
    Theoretical Best
    Office A
    $468.4K
    $409.8K – $546.4K (±1% cap)
    NOI $32,785 @ 7.0% cap · market cap 12.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Metairie
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.2173055
    Latitude
    30.0002703

    FAQs

    What type of property is this?
    Duplex - Well-maintained all-brick duplex with two leased units, separate meters, and updated HVAC and roof.
    Where is this duplex located?
    The property is located at 2608-2610 Ridgefield Drive Metairie, LA.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: 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.
    More about this property
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