Building Details

Buildings 2

Listing Agency: Talbot Realty Group n***@gmail.com Show Phone

Listed By: Chris Talbot · License #LA 0000075986

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:21PM

Report an Issue

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 Talbot Realty Group

Investment Insights

Based on property information with market context.

This multifamily portfolio consists of quadplex properties clustered in Terrytown, with units ranging from 1,032 to 1,717 square feet and an average unit size of 1,300 square feet. Renovation work has been completed during vacancies and tenant turnovers, along with cosmetic updates to occupied units. The properties are currently 100% leased and have been managed by the owner's professional property management company, which may remain involved for a fee.

The portfolio is located at 308 Ruby St in Terrytown, Louisiana, within the New Orleans area. The offering also includes four vacant lots, providing additional components alongside the residential income properties.

Key Highlights

• Quadplex portfolio located at 308 Ruby St, Terrytown, LA 70056
• Units range from 1,032–1,717 square feet; average unit size is 1,300 square feet
• Current occupancy is 100% leased

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Home Appliance Store Furniture & Home Goods Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8

Residential units

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

1,082

Businesses Nearby

Explore this area Business Placement

Demographics for 70056, LA

41,498

Population

15,784

Households

2.6

Avg Household Size

36

Median Age

28%

College-Educated

87%

High-School Grad

6.8 sq mi

ZIP Area

6,103

Density / Sq Mi

$61,831

Median Household Income

$36,062

Median Earnings

$1,163

Median Rent

$223,000

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Two-Building School Property

2106 Deerfield Rd, Terrytown, LA 70056

$850,000

23,506 SF

View details

Net-Leased Office Building

148 Hector Ave, Terrytown, LA 70056

Contact for pricing

6,455 SF

View details

End-Cap Office Units

1003 Whitney Ave., Terrytown, LA 70056

$95,000

1,565 SF

View details

Medical Office Corner Site

665 Behrman Hwy, Terrytown, LA 70056

Contact for pricing

2.06 Acres

View details

44-Unit Multifamily Portfolio

2916 N Monterey Ct, Terrytown, LA 70056

Contact for pricing

45,000 SF

View details

Mall Parking Lot Outparcel

197 Westbank Expressway, Terrytown, LA 70053

Contact for pricing

View details

Specialty Property Across Medical Center

2601 Belle Chasse Hwy, Terrytown, LA 70056

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Quadplex - Clustered multifamily properties with renovated interiors and full current occupancy.

Where is this quadplex located?

The property is located at 308 Ruby St Terrytown, LA.

What are key features of this property?

This property features: Quadplex portfolio located at 308 Ruby St, Terrytown, LA 70056; Units range from 1,032–1,717 square feet; average unit size is 1,300 square feet; Current occupancy is 100% leased