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Three-Duplex Multifamily Property

312 314 316 Farrar Ave, Kenner, LA 70062

For Sale
$402,100

Package combines three duplex buildings with two vacant units and convenient access to nearby services and transportation.

Property Size4,380 SF
Lot Size0.33 Acres
Price / SF$91.80
Days on Market61

Property Features for 312 314 316 Farrar Ave

General Information

Standard status Active
Size 4,380 SF
Lot size 0.33 Acres
Property subtype Investment

Financials

Asking Price $402,100
Gross Income $24,000

Additional Details

Public Transit Yes
Multifamily Units 6

Building Details

Year Built 1963
Buildings 3
Listing Agency: Keller Williams Realty Services
Listed By: Gregg Tepper · License #69919
Source: Lacdb.resimplifi
Added: Sep 8 Changed: Nov 6 Last Checked: Nov 6 at 5:19AM

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

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Investment Insights

Based on property information with market context.

This multifamily offering includes three duplex buildings with a combined 12 bedrooms, 6 full bathrooms, and approximately 4,380 square feet of living area. Constructed in 1963, the properties occupy a 150' x 100' parcel totaling approximately .33 acres. Two units are vacant, while the remaining units are occupied under existing rental arrangements.

The properties are located at 312, 314, and 316 Farrar Ave in Kenner, Louisiana. The site is within walking distance of the Mississippi River and the River Town area, with grocery stores, gas stations, restaurants, entertainment, and public transportation nearby. The package offers multiple residential units across one coordinated acquisition.

Key Highlights

  • Three duplex buildings offered as one package
  • 12 bedrooms and 6 full bathrooms
  • Approximately 4,380 square feet of living space

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby

Demographics for 70062, LA

16,627
Population
6,679
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
77%
High-School Grad
7.1 sq mi
ZIP Area
2,342
Density / Sq Mi
$55,293
Median Household Income
$33,499
Median Earnings
$1,150
Median Rent
$197,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Jefferson County, LA

$160 Jul
$161 Aug
$152 Sep
$144 Oct

Properties on Market for Duplexes in Jefferson County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Package combines three duplex buildings with two vacant units and convenient access to nearby services and transportation.
Where is this duplex located?
The property is located at 312 314 316 Farrar Ave Kenner, LA.
What is the asking price?
The asking price for this property is $402,100.
What are key features of this property?
This property features: Three duplex buildings offered as one package; 12 bedrooms and 6 full bathrooms; Approximately 4,380 square feet of living space
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