Townhome-Style
3736-38 S I-10 Service Rd W, Metairie, LA 70001
For Sale
$345,000
Multifamily, Metairie, LA
Property Size3,400 SF
Price / SF$101.47
Days on Market20
Property Features for 3736-38 S I-10 Service Rd W
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Parking features
Interior features
Exterior features
Fencing
Appliances
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
washer/dryer hookups
fenced rear yard
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Additional Structures
Listing Agency:
Keller Williams Realty New Orleans
(504) 862-0100
Listed By:
Lori Scott · License LA #000011335
(504) 975-1690
Added: Oct 22
Changed: Nov 8
Last Checked: Nov 10 at 12:06PM
MLS# 2582735
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1980, this 3,400-square-foot duplex comprises townhome-style residences. Each unit has three bedrooms, two-and-a-half bathrooms, a living room, and a separate den beside the kitchen and breakfast area. Washer and dryer hookups and generous closet space are included in each residence. The property also has a fenced rear yard and off-street parking.
The duplex is in Metairie with quick access to I-10. It is fully occupied and reports a 12% gross yield.
The duplex is in Metairie with quick access to I-10. It is fully occupied and reports a 12% gross yield.
Key Highlights
- 3,400‑square‑foot duplex built in 1980
- Fully occupied; reported gross yield is 12%
- Each townhome‑style unit has 3 bedrooms and 2.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,640
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,800
$632.8K
Cap Rate 7%
$452,000
$452.0K
Cap Rate 9%
$351,556
$351.6K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$61.2K $18.00/SF
− Vacancy
−$3.7K −$1.08/SF
EGI
$57.5K $16.92/SF
− OpEx
−$25.9K −$7.61/SF
NOI
$31.6K $9.31/SF
Area
Metairie, LA
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,800
Cap Rate 7%
$452,000
Cap Rate 9%
$351,556
Alternative Uses
Best Use
Multifamily LT 5
$519.4K
$454.5K – $606.0K
NOI $36,358 @ 7.0% cap · market cap 10.54%
Second Best
Apartment 5plus
$452.0K
$395.5K – $527.3K
NOI $31,640 @ 7.0% cap · market cap 9.17%
Theoretical Best
Office A
$796.2K
$696.7K – $928.9K
NOI $55,734 @ 7.0% cap · market cap 16.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,369
Businesses Nearby
Explore this area
Business Placement
Demographics for 70001, LA
40,068
Population
19,103
Households
2.1
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
6.5 sq mi
ZIP Area
6,164
Density / Sq Mi
$70,187
Median Household Income
$43,662
Median Earnings
$1,145
Median Rent
$313,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Metairie, LA
Properties on Market for Duplexes in Metairie
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include washer and dryer hookups, fenced rear-yard space, and off-street parking.
Where is this duplex located?
The property is located at 3736-38 S I-10 Service Rd W Metairie, LA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 3,400‑square‑foot duplex built in 1980; Fully occupied; reported gross yield is 12%; Each townhome‑style unit has 3 bedrooms and 2.5 bathrooms
