Four Townhouse-Style
4329 Idaho Avenue Kenner, LA 70065
4329 Idaho Avenue, Kenner, LA, 70065
$525,000
Pending
For Sale
$525,000
Pending
Four well-maintained 2BR/1.5BA townhouse units with off-street parking and separate tenant utility meters.
Property Size4,597 SF
Days on Market85
Property Features for 4329 Idaho Avenue
General Information
- Standard status
- Pending
- Size
- 4,597 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1982
Listing agency
United Real Estate Partners LLC
(504) 473-8337
Listed by
Rosalind Murr · License #995698873
(504) 473-8337
Source
Compass
Added: Apr 30 Updated: Jul 22 at 4:09PM Checked: Jul 22 at 4:09PM
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 United Real Estate Partners LLC
Investment Insights
Based on property information with market context.
This property consists of four townhouse-style residential units. Each unit is configured as a 2-bedroom, 1.5-bath layout. The building is described as well maintained, with new windows installed in 2023 and a new roof installed in 2022.
All utilities are on separate meters and are paid by the tenants. The property is described as never flooded and is located in Flood Zone X. Off-street parking is provided.
The offering is for sale and is being marketed as a four-unit residential income property for investors.
All utilities are on separate meters and are paid by the tenants. The property is described as never flooded and is located in Flood Zone X. Off-street parking is provided.
The offering is for sale and is being marketed as a four-unit residential income property for investors.
Key Highlights
- Four townhouse‑style units, each with 2 bedrooms and 1.5 bathrooms
- New windows installed in 2023 and new roof in 2022
- All utilities are on separate tenant meters and paid by tenants
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 | $94.3k | $20.52 |
| − Vacancy | −$8.6k | −$1.87 |
| EGI | $85.7k | $18.65 |
| − OpEx | −$38.6k | −$8.39 |
| NOI | $47.2k | $10.26 |
4,597 SF · lease $20.52/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$720.7K
$630.6K – $840.8K
NOI $50,448 @ 7.0% cap · market cap 9.61%
Second Best
Apartment 5plus
$673.7K
$589.5K – $786.0K
NOI $47,161 @ 7.0% cap · market cap 8.98%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,897 @ 7.0% cap · market cap 16.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Solid Movers LLC
Moving Company
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four well-maintained 2BR/1.5BA townhouse units with off-street parking and separate tenant utility meters.
Where is this quadplex located?
The property is located at 4329 Idaho Avenue Kenner, LA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Four townhouse‑style units, each with 2 bedrooms and 1.5 bathrooms; New windows installed in 2023 and new roof in 2022; All utilities are on separate tenant meters and paid by tenants
