Updated Quadplex with On-Site
For Sale
$435,000
300 DUKE Drive, Kenner, LA 70065
Multifamily, Kenner, LA
Property Size3,353 SF
Price / SF$129.73
Days on Market662
Property Features for 300 DUKE Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 7, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 8
Parking
3
Parking features
Off Street, Driveway
Patio and Porch features
Porch
Subdivision
University City
Lot features
Corner Lot
Standard status
Active
APN
0920012622
Size
3,353 SF
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
on-site laundry facility
private off-street parking
Building Details
Year built
1976
Number of units
4
Building materials
Brick
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 24
Last Checked: Oct 25 at 12:06PM
MLS# 2480816
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,353-square-foot quadplex contains four units and was built in 1976. Interiors feature laminate flooring in living areas and bedrooms, tile bathrooms, updated cabinetry, granite kitchen counters, and newer appliances. The building has brick construction, central heating and air conditioning, and a porch. Roof replacement was completed four years ago, and the soffits, fascia, and gutters have also been replaced. Each unit includes bedrooms and bathrooms.
A dedicated laundry facility serves all four units and includes a washer and dryer. Off-street parking is available on both sides of the complex. Public water and sewer serve the property, and natural gas is available.
A dedicated laundry facility serves all four units and includes a washer and dryer. Off-street parking is available on both sides of the complex. Public water and sewer serve the property, and natural gas is available.
Key Highlights
- Four‑unit residential property with 3,353 square feet
- Roof replaced four years ago
- Laminate flooring in living areas and bedrooms; tile in bathrooms
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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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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Cap Rate, Value Estimation, Potential NOI and more
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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 share tenant-only laundry and off-street parking on both sides of the property.
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 residential property with 3,353 square feet; Roof replaced four years ago; Laminate flooring in living areas and bedrooms; tile in bathrooms
