Duplex Investment
312 Farrar Avenue Kenner, LA 70062
312 Farrar Avenue, Kenner, LA, 70062
$168,900
For Sale
$168,900
Duplex for sale in Kenner, available as part of a portfolio with nearby duplexes and buildable lots.
Property Size1,460 SF
Price / SF$115.68
Days on Market58
Property Features for 312 Farrar Avenue
General Information
- Standard status
- Active
- Size
- 1,460 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1963
Listing agency
Keller Williams Realty Services
(985) 789-8717
Listed by
Gregg Tepper · License #995700267
(985) 789-8717
Source
Compass
Added: May 26 Updated: Jul 22 at 2:33AM Checked: Jul 22 at 2:33AM
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 Keller Williams Realty Services
Investment Insights
Based on property information with market context.
This duplex investment property in Kenner offers a residential income layout and is being offered as part of a larger portfolio. Additional nearby duplexes and buildable lots are also available, with the portfolio offered at a discounted package price.
The property is described as being within walking distance to the river and River Town, with convenient access to public transportation as well as nearby grocery stores and gas stations.
For more details on the property and the available portfolio components, contact Brandon Duracher.
The property is described as being within walking distance to the river and River Town, with convenient access to public transportation as well as nearby grocery stores and gas stations.
For more details on the property and the available portfolio components, contact Brandon Duracher.
Key Highlights
- Duplex (1‑story) built in 1963 in South Kenner
- 4 total bedrooms and 2 full bathrooms
- Heating includes wall furnace and other heat; cooling with window unit(s)
Local Financial Insights For Apartment 5plus
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 | $30.0k | $20.52 |
| − Vacancy | −$2.7k | −$1.87 |
| EGI | $27.2k | $18.65 |
| − OpEx | −$12.3k | −$8.39 |
| NOI | $15.0k | $10.26 |
1,460 SF · lease $20.52/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$228.9K
$200.3K – $267.0K
NOI $16,022 @ 7.0% cap · market cap 9.49%
Second Best
Apartment 5plus
$214.0K
$187.2K – $249.6K
NOI $14,978 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$385.2K
$337.0K – $449.4K
NOI $26,963 @ 7.0% cap · market cap 15.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Chims service and labor
General Contractor
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex for sale in Kenner, available as part of a portfolio with nearby duplexes and buildable lots.
Where is this duplex located?
The property is located at 312 Farrar Avenue Kenner, LA.
What is the asking price?
The asking price for this property is $168,900.
What are key features of this property?
This property features: Duplex (1‑story) built in 1963 in South Kenner; 4 total bedrooms and 2 full bathrooms; Heating includes wall furnace and other heat; cooling with window unit(s)
