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    314 Farrar Avenue Kenner, LA 70062

    314 Farrar Avenue, Kenner, LA, 70062
    $168,900
    For Sale
    $168,900

    Duplexes

    Property Size1,460 SF
    Price / SF$115.68
    Days on Market59

    Property Features for 314 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
    Listed by Gregg Tepper · License #995700267
    Source Compass
    Added: May 26 Updated: Jul 21 at 11:02AM Checked: Jul 22 at 6:58AM

    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.

    Key Highlights

    • Duplex investment property in South Kenner with 4 total bedrooms and 2 full bathrooms
    • Single‑story home built in 1963 with vinyl siding and an asphalt roof
    • Porch at the exterior with pillar/post/pier foundation details

    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 (±1% cap)
    NOI $16,022 @ 7.0% cap · market cap 9.49%
    Second Best
    Apartment 5plus
    $214.0K
    $187.2K – $249.6K (±1% cap)
    NOI $14,978 @ 7.0% cap · market cap 8.87%
    Theoretical Best
    Office A
    $385.2K
    $337.0K – $449.4K (±1% cap)
    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

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Nail Salon Pharmacy Spa & Massage Center Bakery Hair Salon (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    Where is this duplex located?
    The property is located at 314 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 investment property in South Kenner with 4 total bedrooms and 2 full bathrooms; Single‑story home built in 1963 with vinyl siding and an asphalt roof; Porch at the exterior with pillar/post/pier foundation details
    Contact an agent
    (985) 789-8717
    We can help!
    Contact an agent
    Gregg Tepper
    Real Estate License ID: 995700267
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