Building Details

Year built 1930

Floors in Building 1

Number of units 2

Roof type Shingle

Architectural style Cottage

Listing Agency: Homesmart Realty South · HomeSmart International v***@hsrealtysouth.com Show Phone

Listed By: Fadra Ussery · License #995700791 Show Phone

Added: Aug 20 Changed: Sep 4 Last Checked: Oct 7 at 11:06AM

Report an Issue

MLS# 2572774

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This raised duplex contains two separate living units with approximately 1,572 square feet of combined living area. The front residence includes 2 bedrooms and 2 full bathrooms, while the rear residence at 530 1/2 Avenue D includes 1 bedroom and 1 full bathroom. The cottage-style property was built in 1930 and is offered in average condition.

Set on 0.0918 acres in Westwego, the property includes a fenced yard, off-street parking, public water service, and a shingle roof. Heating is provided by a central system, with cooling through central air and window units. The layout supports separate residential spaces within one raised structure.

Key Highlights

• Raised duplex with approximately 1,572 square feet of combined living area
• Front unit offers 2 bedrooms and 2 full bathrooms
• Rear unit at 530 1/2 Avenue D includes 1 bedroom and 1 full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$17,251

Cap Rate

9.08%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$345,020 $345.0K

Cap Rate 7%

$246,443 $246.4K

Cap Rate 9%

$191,678 $191.7K

Market Conditions

NOI Build-Up for 1,572 SF

Gross rent

$27.0K $17.16/SF

− Vacancy

−$2.3K −$1.48/SF

EGI

$24.6K $15.68/SF

− OpEx

−$7.4K −$4.70/SF

NOI

$17.3K $10.97/SF

Area

Jefferson County, LA

Vacancy

8.64%

Lease Rate

$17.16 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$345,020

Cap Rate 7%

$246,443

Cap Rate 9%

$191,678

Alternative Uses

Best Use

Multifamily LT 5

$246.4K

$215.6K – $287.5K (±1% cap)

NOI $17,251 @ 7.0% cap · market cap 9.08%

Second Best

Apartment 5plus

$230.4K

$201.6K – $268.8K (±1% cap)

NOI $16,127 @ 7.0% cap · market cap 8.49%

Theoretical Best

Office A

$414.7K

$362.9K – $483.9K (±1% cap)

NOI $29,032 @ 7.0% cap · market cap 15.28%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Skin Care Clinic Accounting Firm Kitchen & Bath Showroom

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

2

Residential units

Location Intelligence

Trade Area within ½ mile

349

Businesses Nearby

Explore this area Business Placement

Demographics for 70094, LA

30,638

Population

13,683

Households

2.2

Avg Household Size

40

Median Age

14%

College-Educated

79%

High-School Grad

36.2 sq mi

ZIP Area

846

Density / Sq Mi

$52,657

Median Household Income

$36,079

Median Earnings

$1,172

Median Rent

$154,600

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Renovated Three-Level Duplex

596 River Rd, Westwego, LA 70094

$369,000

2,900 SF

View details

Flexible Office Building

1420 Fourth St, Westwego, LA 70094

$210,000

2,140 SF

View details

Commercial Building on Westbank Expressway

301 Westbank Expy, Westwego, LA 70094

Contact for pricing

3,700 SF

View details

Showroom with Dedicated Parking

1211 Fourth St, Westwego, LA 70094

$650,000

11,000 SF

View details

Agricultural Land Parcel

10117 N Kelly Ln, Westwego, LA 70094

$49,500

View details

Frequently Asked Questions

What type of property is this?

Duplex - Two separate living units provide three bedrooms and three full bathrooms in a flexible residential income property.

Where is this duplex located?

The property is located at 530-530 1/2 AVENUE D Westwego, LA.

What is the asking price?

The asking price for this property is $190,000.

What are key features of this property?

This property features: Raised duplex with approximately 1,572 square feet of combined living area; Front unit offers 2 bedrooms and 2 full bathrooms; Rear unit at 530 1/2 Avenue D includes 1 bedroom and 1 full bathroom