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4-Plex with Separate Electric Meters
For Sale
$349,900

5569 Jordan Drive, Marrero, LA 70072

Each unit features two bedrooms and one bathroom with in-unit laundry hookups, and tenants are currently in place.

Property Size3,800 SF
Days on Market19

Property Features for 5569 Jordan Drive

General Information

Standard status Active
Size 3,800 SF
Property subtype Multi Family Home

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4
Parking per Unit 1

Amenities

laundry hookups

Building Details

Building Size 3,800 SF
Year Built 1980
Buildings 1
Stories 2
Listing Agency: Remax Crescent Collective LLC
Listed By: John Hendrix · License #995719267
Source: Nolalivingrealty
Added: Jul 21 Changed: Aug 8 Last Checked: Aug 8 at 1:00PM

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 Remax Crescent Collective LLC

Investment Insights

Based on property information with market context.

This 4-plex was built in 1980 and is set up for efficient individual-utility management with separate electric meters. The units are configured with two bedrooms and one bathroom, with no carpet. Laundry hookups are inside each unit, and each unit includes one parking spot.

The property is tenant occupied, which may support an investor’s need for immediate occupancy at the time of ownership.

With its straightforward two-bedroom layout across the building and separate electric metering, this is a practical option for tenants seeking in-unit laundry and for owners who prefer unit-level utility separation.

Key Highlights

  • Separate electric meters for each unit
  • Two bedrooms and one bathroom per unit
  • Laundry hookups inside each unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Kitchen & Bath Showroom Accounting Firm Building Supply

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

Location Intelligence

Trade Area within ½ mile

348
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 - Each unit features two bedrooms and one bathroom with in-unit laundry hookups, and tenants are currently in place.
Where is this quadplex located?
The property is located at 5569 Jordan Drive Marrero, LA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Separate electric meters for each unit; Two bedrooms and one bathroom per unit; Laundry hookups inside each unit
More about this property
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