300 DUKE Drive Kenner, LA 70065
MULTI_FAMILY - Kenner, LA
- Added:
- Jan 1, 2025
- Days on Market:
- 558
- Last Refresh:
- Jul 13 at 6:06 am
Property Features for 300 DUKE Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway, Off Street
- Patio and Porch features
- Porch
- Exterior features
- Balcony, Porch
- Standard status
- Active
- APN
- 0920012622
- Size
- 3,353 SF
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1976
- Floors in Building
- 2
- Number of units
- 4
Listing agent Mary Dana Dandry License #995689184 (504) 228-6399
Listing office Realty One Group Immobilia 137 Girod St., Mandeville, LA (985) 218-8081
Listing date Jan 1, 2025
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.
Investment Insights
Based on property information with market context.
Each unit offers generously sized bedrooms and spacious closets. Tenants have access to private off-street parking on both sides of the complex. A brand-new on-site laundry facility reserved exclusively for tenant use is included, with a new washer and dryer serving all four units.
For sale at 300 DUKE Drive in Kenner, the property is positioned for convenient interstate access based on the provided remarks.
Key Highlights
- Four‑plex built in 1976 with a 3‑year‑old roof
- Updated interiors in each unit: fresh drywall ceilings/walls/doors, laminate wood flooring, and updated appliances
- Each unit features granite kitchen countertops, contemporary cabinetry, and tile bathrooms
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 | $57.5k | $17.16 |
| − Vacancy | −$5.0k | −$1.48 |
| EGI | $52.6k | $15.68 |
| − OpEx | −$15.8k | −$4.70 |
| NOI | $36.8k | $10.97 |
