Brick Duplex with Separate
4428-30 West Metairie Avenue Metairie, LA 70001
4428-30 West Metairie Avenue, Metairie, LA, 70001
$325,000
For Sale
$325,000
Each unit features its own driveway and yard space, with tile flooring, laundry areas, and separate electric and gas meters.
Property Size1,787 SF
Price / SF$181.87
Days on Market77
Property Features for 4428-30 West Metairie Avenue
General Information
- Standard status
- Active
- Size
- 1,787 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1973
Listing agency
KELLER WILLIAMS REALTY 455-0100
(504) 517-6533
Listed by
Mary Danna · License #995689808
(504) 517-6533
Source
Compass
Added: May 7 Updated: Jul 21 at 7:30PM Checked: Jul 22 at 7:04AM
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 455-0100
Investment Insights
Based on property information with market context.
Solid brick duplex offering flexible occupancy and income options in Metairie. The property consists of two units, and each side includes its own driveway and separate yard space for added privacy and convenience.
Interiors have been freshly painted, with tile flooring throughout and no carpet for easier upkeep. Each unit also has its own laundry area, along with separate meters for electric and gas.
Designed to accommodate owner-occupants or investors, the duplex allows for living in one side while renting the other, or leasing both units.
Interiors have been freshly painted, with tile flooring throughout and no carpet for easier upkeep. Each unit also has its own laundry area, along with separate meters for electric and gas.
Designed to accommodate owner-occupants or investors, the duplex allows for living in one side while renting the other, or leasing both units.
Key Highlights
- 1973 brick 1‑story double offering 4 bedrooms and 2 full bathrooms total
- Each unit has its own driveway and separate yard space
- Central air and central heating
Local Financial Insights For Multifamily LT 5
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 | $28.9k | $16.20 |
| − Vacancy | −$1.7k | −$0.92 |
| EGI | $27.3k | $15.28 |
| − OpEx | −$8.2k | −$4.58 |
| NOI | $19.1k | $10.69 |
1,787 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$273.0K
$238.9K – $318.5K
NOI $19,109 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$237.6K
$207.9K – $277.2K
NOI $16,630 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$418.5K
$366.2K – $488.2K
NOI $29,293 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Each unit features its own driveway and yard space, with tile flooring, laundry areas, and separate electric and gas meters.
Where is this duplex located?
The property is located at 4428-30 West Metairie Avenue Metairie, LA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1973 brick 1‑story double offering 4 bedrooms and 2 full bathrooms total; Each unit has its own driveway and separate yard space; Central air and central heating
