Raised
For Sale
$190,000
530-530 1/2 AVENUE D, Westwego, LA 70094
Multifamily, Westwego, LA
Property Size1,572 SF
Lot Size0.09 Acres
Price / SF$120.87
Days on Market67
Property Features for 530-530 1/2 AVENUE D
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 1
Parking
2
Parking features
Off Street
Subdivision
Whitehouse
Directions
4th Street to Ave d / WB Expressway to 530 ave D
Standard status
Active
APN
0440000092
Size
1,572 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
LOT 31 SQ 46 WHITEHOUSE
Legal Description
LOT 31 SQ 46 WHITEHOUSE
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Window Unit(s)
Water source
Public
Building Details
Year built
1930
Number of units
2
Building materials
Vinyl Siding, Wood Siding
Architectural style
Creole
Listing Agency:
Homesmart Realty South - Metairie · HomeSmart International
(504) 908-7653
Listed By:
Fadra T Ussery · License #995700791
(504) 251-7863
Added: Aug 20
Changed: Oct 24
Last Checked: Oct 25 at 11:06AM
MLS# 2572774
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Creole-style duplex contains approximately 1,572 square feet across two raised residences. The front unit has approximately 1,088 square feet, with two bedrooms and two full bathrooms. The rear residence includes approximately 483 square feet, one bedroom, and one full bathroom. Built in 1930, the property has vinyl and wood siding and is described as being in average condition.
The 0.0918-acre parcel is served by public water and sewer, with natural gas available. Heating is central; cooling includes central air and window units. Off-street parking is provided.
The 0.0918-acre parcel is served by public water and sewer, with natural gas available. Heating is central; cooling includes central air and window units. Off-street parking is provided.
Key Highlights
- Two residences: front unit with 2 bedrooms and 2 full bathrooms; rear unit with 1 bedroom and 1 full bathroom
- Approximately 1,572 square feet of living area
- 0.0918‑acre parcel
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
NOI $17,251 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$230.4K
$201.6K – $268.8K
NOI $16,127 @ 7.0% cap · market cap 8.49%
Theoretical Best
Office A
$414.7K
$362.9K – $483.9K
NOI $29,032 @ 7.0% cap · market cap 15.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct residences provide a two-bedroom layout and a separate one-bedroom unit.
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: Two residences: front unit with 2 bedrooms and 2 full bathrooms; rear unit with 1 bedroom and 1 full bathroom; Approximately 1,572 square feet of living area; 0.0918‑acre parcel
