Duplex Investment
312 FARRAR Avenue Kenner, LA 70062
For Sale
$168,900
MULTI_FAMILY - Kenner, LA
Property Size1,460 SF
Lot Size0.11 Acres
Price / SF$115.68
Days on Market50
Property Features for 312 FARRAR Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street, Driveway
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Standard status
- Active
- APN
- 0000000
- Size
- 1,460 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- Lot 7, Sq7 Hanson City
Utilities
- Heating system
- Ductless (Heating), Other (Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
Keller Williams Realty Services
(985) 727-7000
Listed By:
Gregg Tepper · License #995700267
(985) 727-7000
Added: Jun 5
Changed: Jul 16
Last Checked: Jul 24 at 8:06AM
MLS# 2561548
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex for sale offers residential income potential and is listed as part of a broader portfolio that includes nearby duplexes and buildable lots. The property size is 1,460 square feet, and the lot size is 0.11 acres.
The address is 312 Farrar Avenue in Kenner, Louisiana (Jefferson Parish). Public remarks indicate the duplex is within walking distance to the river and “River Town,” with convenient access to public transportation, grocery stores, and gas stations.
For buyers interested in expanding holdings, the listing notes that additional nearby duplexes and buildable lots are available at a discounted package price. For complete details on the portfolio offering and specifications of this specific duplex, contact the listing agent.
The address is 312 Farrar Avenue in Kenner, Louisiana (Jefferson Parish). Public remarks indicate the duplex is within walking distance to the river and “River Town,” with convenient access to public transportation, grocery stores, and gas stations.
For buyers interested in expanding holdings, the listing notes that additional nearby duplexes and buildable lots are available at a discounted package price. For complete details on the portfolio offering and specifications of this specific duplex, contact the listing agent.
Key Highlights
- Duplex built in 1963
- Heating includes ductless (heating) plus other heating system
- Cooling provided by window unit(s)
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
Property Profile
Location Intelligence
Current Use by Public Records
Chims service and labor
General Contractor
FAQs
What type of property is this?
Duplex - Duplex for sale in Kenner, LA, offered as part of a larger 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 built in 1963; Heating includes ductless (heating) plus other heating system; Cooling provided by window unit(s)
