Renovated Three-Level
For Sale
$369,000
596 River Rd, Westwego, LA 70094
Fully renovated duplex with garages, en-suite bedrooms, and upper-level river views near Historic Downtown Westwego.
Property Size2,900 SF
Price / SF$127.24
Days on Market88
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Property Features for 596 River Rd
General Information
Standard status
Active
Size
2,900 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/2.5BA
Multifamily Units
2
Building Details
Year Built
1984
Buildings
1
Stories
3
Construction
metal
Tenancy
Multi
Listing Agency:
NOLA Living Realty
Listed By:
Pauline Nguyen · License #995699473
(504) 289-3346
Source:
Dominionplace
Added: Jul 20
Changed: Oct 1
Last Checked: Oct 7 at 3:12PM
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 NOLA Living Realty
Investment Insights
Based on property information with market context.
Built in 1984 and fully renovated, this metal-constructed duplex contains approximately 2,900 square feet across two three-level townhome-style units. Each side includes two bedrooms, 2.5 bathrooms, a private garage, and an upper-level living area with river views. The second level places both bedrooms in en-suite configurations, while the top floor is dedicated to the primary living space.
The property sits directly across from the levee and is within walking distance of Historic Downtown Westwego, local shops, dining, and community events. Both units are currently leased, providing an operating income component for an owner or investor. An adjacent lot is also available for purchase with the property, subject to the stated transaction terms.
The property sits directly across from the levee and is within walking distance of Historic Downtown Westwego, local shops, dining, and community events. Both units are currently leased, providing an operating income component for an owner or investor. An adjacent lot is also available for purchase with the property, subject to the stated transaction terms.
Key Highlights
- Two‑unit duplex with approximately 2,900 square feet
- Each unit has 2 bedrooms and 2.5 bathrooms
- Three‑level layout with private garage for each side
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,825
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,500
$636.5K
Cap Rate 7%
$454,643
$454.6K
Cap Rate 9%
$353,611
$353.6K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$49.8K $17.16/SF
− Vacancy
−$4.3K −$1.48/SF
EGI
$45.5K $15.68/SF
− OpEx
−$13.6K −$4.70/SF
NOI
$31.8K $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%
$636,500
Cap Rate 7%
$454,643
Cap Rate 9%
$353,611
Alternative Uses
Best Use
Multifamily LT 5
$454.6K
$397.8K – $530.4K
NOI $31,825 @ 7.0% cap · market cap 8.62%
Second Best
Apartment 5plus
$425.0K
$371.9K – $495.9K
NOI $29,751 @ 7.0% cap · market cap 8.06%
Theoretical Best
Office A
$765.1K
$669.5K – $892.6K
NOI $53,557 @ 7.0% cap · market cap 14.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
197
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Fully renovated duplex with garages, en-suite bedrooms, and upper-level river views near Historic Downtown Westwego.
Where is this duplex located?
The property is located at 596 River Rd Westwego, LA.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Two‑unit duplex with approximately 2,900 square feet; Each unit has 2 bedrooms and 2.5 bathrooms; Three‑level layout with private garage for each side
