Renovated Duplex With Large
616 LEBEAU Street Arabi, LA 70032
For Sale
$279,900
MULTI_FAMILY - Arabi, LA
Property Size2,055 SF
Lot Size0.14 Acres
Price / SF$136.20
Days on Market143
Property Features for 616 LEBEAU Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Standard status
- Active
- APN
- 201000500003
- Size
- 2,055 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Description
- LOT 3 SQ. 5 GREEN ACRES SUB 50X120=6000
Utilities
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1961
- Floors in Building
- 2
- Number of units
- 3
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
Amanda Miller Realty, LLC
(504) 302-4610
Listed By:
Amanda Miller · License #995687438
(504) 302-4610
Added: Mar 6
Changed: Jul 15
Last Checked: Jul 27 at 7:06AM
MLS# 2546342
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.
Renovated duplex investment property with bright, updated interiors featuring light wood colored floors and white paint throughout. Unit A includes a gourmet kitchen with white cabinets and counters, and a bathroom with a claw foot soaking tub, mosaic flooring, and subway tile on the walls. The property also offers an outdoor space with a large yard and a gazebo in the backyard.
Located at 616 LEBEAU Street in Arabi, Louisiana, in Flood Zone X. The owner pays utilities and includes them in the rental amounts.
The building is listed as a residential income property and is offered for sale in St. Bernard Parish.
Located at 616 LEBEAU Street in Arabi, Louisiana, in Flood Zone X. The owner pays utilities and includes them in the rental amounts.
The building is listed as a residential income property and is offered for sale in St. Bernard Parish.
Key Highlights
- Old Arabi duplex built in 1961 with a renovated interior across both units
- Unit A features a kitchen with white cabinets and white counters
- Unit A bath includes a claw foot soaking tub, mosaic flooring, and subway tile walls
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.3k | $17.16 |
| − Vacancy | −$3.0k | −$1.48 |
| EGI | $32.2k | $15.68 |
| − OpEx | −$9.7k | −$4.70 |
| NOI | $22.6k | $10.97 |
2,055 SF · lease $17.16/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$322.2K
$281.9K – $375.9K
NOI $22,552 @ 7.0% cap · market cap 8.06%
Second Best
Apartment 5plus
$301.2K
$263.5K – $351.4K
NOI $21,082 @ 7.0% cap · market cap 7.53%
Theoretical Best
Office A
$542.2K
$474.4K – $632.5K
NOI $37,952 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Renovated duplex in Flood Zone X with light wood flooring, updated interiors, and a large backyard with gazebo.
Where is this triplex located?
The property is located at 616 LEBEAU Street Arabi, LA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Old Arabi duplex built in 1961 with a renovated interior across both units; Unit A features a kitchen with white cabinets and white counters; Unit A bath includes a claw foot soaking tub, mosaic flooring, and subway tile walls
