Residential Duplex with Expansion
306 Jackson Street Kenner, LA 70062
306 Jackson Street, Kenner, LA, 70062
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For Sale
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Cash-flowing duplex with two 2-bed, 1-bath units on an oversized 50-by-192 lot.
Property Size1,500 SF
Lot Size0.22 Acres
Price / SF$158
Days on Market8
Property Features for 306 Jackson Street
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 0.22 Acres
- Property subtype
- Multifamily, Mixed Use, Special Purpose
Building Details
- Year Built
- 1968
Listing agency
United Real Estate Partners LLC
Listed by
Gina Norris · License #LA995701712
Source
Crexi
Added: Jul 15 Updated: Jul 21 at 8:13PM Checked: Jul 21 at 8:13PM
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 United Real Estate Partners LLC
Investment Insights
Based on property information with market context.
The property at 306–308 Jackson St is configured as a cash-flowing residential duplex with two units, each offering 2 bedrooms and 1 bathroom. The existing 1,500 sq. ft. structure sits on an oversized 50 x 192 lot, providing room to expand the current residential layout.
Under Kenner’s C-1 rules, pre-existing residential structures or multi-family uses corresponding to R-3 parameters are legally allowed to continue operating or renting. If you choose to convert away from residential use, the C-1 zoning permits the 1,500 sq. ft. structure to transition into small-scale, low-impact neighborhood business uses, including professional offices, neighborhood retail, and medical or personal services such as small clinics, beauty salons, and barber shops.
Under Kenner’s C-1 rules, pre-existing residential structures or multi-family uses corresponding to R-3 parameters are legally allowed to continue operating or renting. If you choose to convert away from residential use, the C-1 zoning permits the 1,500 sq. ft. structure to transition into small-scale, low-impact neighborhood business uses, including professional offices, neighborhood retail, and medical or personal services such as small clinics, beauty salons, and barber shops.
Key Highlights
- Cash‑flowing residential duplex with 2 units, each 2 bed / 1 bath
- $1,300 rent per unit noted (two units)
- 50‑by‑192 oversized lot with room to expand the existing residential layout
Local Financial Insights For Office B
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 | $33.8k | $22.56 |
| − Vacancy | −$6.1k | −$4.06 |
| EGI | $27.7k | $18.50 |
| − OpEx | −$6.9k | −$4.62 |
| NOI | $20.8k | $13.87 |
1,500 SF · lease $22.56/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$297.3K
$260.2K – $346.9K
NOI $20,812 @ 7.0% cap · market cap 8.78%
Second Best
Multifamily LT 5
$235.2K
$205.8K – $274.4K
NOI $16,461 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$395.7K
$346.3K – $461.7K
NOI $27,702 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Cash-flowing duplex with two 2-bed, 1-bath units on an oversized 50-by-192 lot.
Where is this duplex located?
The property is located at 306 Jackson Street Kenner, LA.
What is the asking price?
The asking price for this property is $237,000.
What are key features of this property?
This property features: Cash‑flowing residential duplex with 2 units, each 2 bed / 1 bath; $1,300 rent per unit noted (two units); 50‑by‑192 oversized lot with room to expand the existing residential layout
