Duplex with Private Outdoor
New
For Sale
$360,000
4821 W METAIRIE Avenue, Metairie, LA 70001
Multifamily, Metairie, LA
Property Size3,260 SF
Lot Size0.11 Acres
Price / SF$110.43
Days on Market4
Property Features for 4821 W METAIRIE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
5
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 6, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 5, Bathroom 2, Bedroom 1, Bathroom 6, Bedroom 2
Parking
2
Parking features
Driveway
Subdivision
Bridgedale
Elementary school
Bridgedale
High school
East Jefferso
Directions
Clearview to West Metairie, go West on West Metairie, property on right before St Edwards School.
Standard status
Active
APN
0820011458
Size
3,260 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
LOT 4-A SQ 172 BRIDGEDALE
Legal Description
LOT 4-A SQ 172 BRIDGEDALE
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1980
Number of units
2
Building materials
Brick, Frame
Buildings
1
Listing Agency:
Keller Williams Realty NO
(504) 862-0100
Listed By:
Lori Scott · License #000011335
(504) 975-1690
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 24 at 5:06AM
MLS# 2582734
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.
This 3,260-square-foot duplex, built in 1980, contains two residences. Each has three upstairs bedrooms, two full bathrooms, one half bath, a den, and a dining area. Each residence also has two outdoor areas. Recent updates include fresh paint, new flooring, refinished staircases, and a new stove. The property has central heating and air conditioning, with public water and sewer service.
The 0.1148-acre parcel is in Metairie, with access to I-10 and Airline Drive. Clearview Parkway, Causeway Boulevard, and Transcontinental Drive are nearby. The property is in Flood Zone X; buyers should verify flood-zone and insurance details.
The 0.1148-acre parcel is in Metairie, with access to I-10 and Airline Drive. Clearview Parkway, Causeway Boulevard, and Transcontinental Drive are nearby. The property is in Flood Zone X; buyers should verify flood-zone and insurance details.
Key Highlights
- Two residences, each with 3 bedrooms and 2.5 bathrooms
- 3,260 square feet on 0.1148 acres
- Each residence includes a den, dining area, and two outdoor spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,338
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,760
$606.8K
Cap Rate 7%
$433,400
$433.4K
Cap Rate 9%
$337,089
$337.1K
Market Conditions
NOI Build-Up for 3,260 SF
Gross rent
$58.7K $18.00/SF
− Vacancy
−$3.5K −$1.08/SF
EGI
$55.2K $16.92/SF
− OpEx
−$24.8K −$7.61/SF
NOI
$30.3K $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%
$606,760
Cap Rate 7%
$433,400
Cap Rate 9%
$337,089
Alternative Uses
Best Use
Multifamily LT 5
$498.0K
$435.8K – $581.0K
NOI $34,861 @ 7.0% cap · market cap 9.68%
Second Best
Apartment 5plus
$433.4K
$379.2K – $505.6K
NOI $30,338 @ 7.0% cap · market cap 8.43%
Theoretical Best
Office A
$763.4K
$668.0K – $890.7K
NOI $53,439 @ 7.0% cap · market cap 14.84%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
589
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has upstairs bedrooms, a den, a dining area, and driveway parking.
Where is this duplex located?
The property is located at 4821 W METAIRIE Avenue Metairie, LA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2.5 bathrooms; 3,260 square feet on 0.1148 acres; Each residence includes a den, dining area, and two outdoor spaces
