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Two-Duplex Multifamily Portfolio
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340 Carrollton Ave, Metairie, LA 70005

Two residential income properties with recent updates, covered parking, and in-unit laundry at one property.

Property SizeContact for details
Lot Size0.27 Acres
Days on Market144

Property Features for 340 Carrollton Ave

General Information

Standard status Active
Lot size 0.27 Acres
Property subtype Multifamily

Amenities

waterfall quartz islands
barnwood sliding doors
large yard
washer and dryer
carports

Building Details

Buildings 2
Listing Agency: Southeast Commercial Real Estate
Listed By: Matt Eaton · License #LA 0000072493
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 12:37PM

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 Southeast Commercial Real Estate

Investment Insights

Based on property information with market context.

This multifamily offering comprises two duplex properties with a combined land area of approximately 11,625 square feet. One duplex features updated interiors with waterfall quartz islands, barnwood sliding doors, a large side yard, and a washer and dryer in each unit. The second property is a renovated corner duplex with carports serving both units. Both properties have roofs that are 4 years old.

The properties are situated four blocks from Metairie Road. Each duplex is available for individual purchase, allowing the assets to be evaluated separately. A rent roll is available upon request.

Key Highlights

  • Two duplex properties with approximately 11,625 square feet of combined land
  • One duplex includes waterfall quartz islands and barnwood sliding doors
  • Washer and dryer provided in each unit at one property

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Barber Shop Parking Lot & Garage Grocery & Convenience Store HVAC Service Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

712
Businesses Nearby

Demographics for 70005, LA

25,431
Population
12,447
Households
2
Avg Household Size
45
Median Age
50%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
6,055
Density / Sq Mi
$86,048
Median Household Income
$53,258
Median Earnings
$1,160
Median Rent
$381,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential income properties with recent updates, covered parking, and in-unit laundry at one property.
Where is this duplex located?
The property is located at 340 Carrollton Ave Metairie, LA.
What are key features of this property?
This property features: Two duplex properties with approximately 11,625 square feet of combined land; One duplex includes waterfall quartz islands and barnwood sliding doors; Washer and dryer provided in each unit at one property
(504) 339-2136 Call to check price and availability
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