Updated Four-Unit
For Sale
$435,000
300 DUKE Drive, Kenner, LA 70065
Multi-Family, Kenner, LA
Property Size3,353 SF
Price / SF$129.73
Days on Market652
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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
Subdivision
University City
Lot features
Corner
Standard status
Active
APN
0920012622
Size
3,353 SF
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
on-site laundry
Building Details
Year built
1976
Floors in Building
2
Number of units
4
Listing Agency:
Realty One Group Immobilia
(985) 218-8081
Listed By:
Mary Dana Dandry · License #995689184
(504) 208-0515
Added: Jan 1, 2025
Changed: Oct 2
Last Checked: Oct 15 at 2:06PM
MLS# 2480816
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.
This four-unit residential property in Kenner includes 3,353 square feet across a 1976-built structure. Interior improvements include fresh drywall on ceilings, walls, and doors; laminate wood flooring in living areas and bedrooms; tiled bathrooms; updated cabinetry; granite kitchen countertops; and updated appliances. The units also offer generously sized bedrooms, spacious closets, balconies, and porches. Central heating and central air serve the property.
Exterior updates include a four-year-old roof, recently replaced soffits, fascia, and gutters, along with public water service. Driveway and off-street parking are provided on both sides of the complex. A new on-site laundry facility, equipped with a new washer and dryer, serves all four units. The property is located at 300 DUKE Drive in Kenner, LA 70065, with access to the interstate nearby.
Exterior updates include a four-year-old roof, recently replaced soffits, fascia, and gutters, along with public water service. Driveway and off-street parking are provided on both sides of the complex. A new on-site laundry facility, equipped with a new washer and dryer, serves all four units. The property is located at 300 DUKE Drive in Kenner, LA 70065, with access to the interstate nearby.
Key Highlights
- Four‑unit property totaling 3,353 square feet
- 1976 construction with a four‑year‑old roof
- Renovated interiors with laminate flooring, tiled bathrooms, granite countertops, and updated appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,796
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,920
$735.9K
Cap Rate 7%
$525,657
$525.7K
Cap Rate 9%
$408,844
$408.8K
Market Conditions
NOI Build-Up for 3,353 SF
Gross rent
$57.5K $17.16/SF
− Vacancy
−$5.0K −$1.48/SF
EGI
$52.6K $15.68/SF
− OpEx
−$15.8K −$4.70/SF
NOI
$36.8K $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%
$735,920
Cap Rate 7%
$525,657
Cap Rate 9%
$408,844
Alternative Uses
Best Use
Multifamily LT 5
$525.7K
$460.0K – $613.3K
NOI $36,796 @ 7.0% cap · market cap 8.46%
Second Best
Apartment 5plus
$491.4K
$430.0K – $573.3K
NOI $34,398 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$884.6K
$774.0K – $1.03M
NOI $61,923 @ 7.0% cap · market cap 14.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
Explore this area
Business Placement
Demographics for 70065, LA
51,484
Population
21,890
Households
2.4
Avg Household Size
40
Median Age
32%
College-Educated
87%
High-School Grad
8.0 sq mi
ZIP Area
6,436
Density / Sq Mi
$65,899
Median Household Income
$41,058
Median Earnings
$1,123
Median Rent
$255,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units feature renovated interiors, off-street parking, and a shared laundry facility.
Where is this quadplex located?
The property is located at 300 DUKE Drive Kenner, LA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Four‑unit property totaling 3,353 square feet; 1976 construction with a four‑year‑old roof; Renovated interiors with laminate flooring, tiled bathrooms, granite countertops, and updated appliances
