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Irregular-Lot Four-Plex As-Is
For Sale
$162,000

500 URBANDALE Street, Marrero, LA 70072

Oversized four-plex on an irregular lot in an X flood zone with two tenant-occupied units, sold as-is.

Property Size3,040 SF
Days on Market246

Property Features for 500 URBANDALE Street

General Information

Standard status Active
Size 3,040 SF
Property subtype Quadruplex
Occupancy 50%

Additional Details

Multifamily Units 4

Building Details

Building Size 3,040 SF
Year Built 1964
Tenancy Multi
Listing Agency: CBTEC WEST BANK
Listed By: Tiffani Benjamin
Source: Ewbank.kw
Added: Jan 5 Changed: Sep 8 Last Checked: Aug 25 at 9:33AM

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 CBTEC WEST BANK

Investment Insights

Based on property information with market context.

This oversized four-plex is situated on an irregular lot and is being sold as-is. Two units are currently tenant-occupied, while the second floor of the front building is presently inaccessible due to the absence of exterior stairs. The property is located in an X flood zone.

The seller prefers to sell this property as part of a bundle package with 504 Urbandale (MLS #2536561). The bundle includes this four-plex alongside the referenced property.

There will be no repairs made by the seller, so buyers should plan to underwrite the asset with the current accessibility limitations in mind.

Key Highlights

  • Oversized 4‑plex with 10 total bedrooms and 4 full bathrooms
  • Metal roof, wood siding, and slab foundation; 2‑story structure built in 1964
  • Two units are currently tenant‑occupied

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Parking Lot & Garage Accounting Firm Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
50%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby

Demographics for 70072, LA

56,924
Population
22,845
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
80%
High-School Grad
51.8 sq mi
ZIP Area
1,099
Density / Sq Mi
$55,866
Median Household Income
$34,411
Median Earnings
$1,091
Median Rent
$190,700
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?
Quadplex - Oversized four-plex on an irregular lot in an X flood zone with two tenant-occupied units, sold as-is.
Where is this quadplex located?
The property is located at 500 URBANDALE Street Marrero, LA.
What is the asking price?
The asking price for this property is $162,000.
What are key features of this property?
This property features: Oversized 4‑plex with 10 total bedrooms and 4 full bathrooms; Metal roof, wood siding, and slab foundation; 2‑story structure built in 1964; Two units are currently tenant‑occupied
More about this property
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