6425 PARK MANOR Drive, Metairie, LA 70003
- Added:
- Jun 11, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 11 at 6:06 pm
Property Features for 6425 PARK MANOR Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Covered, Carport
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 0820030991
- Size
- 2,500 SF
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Jeffery Melancon (985) 307-1367
Listing office RE/MAX Synergy 1904 Ormond Blvd.#101, Destrehan, LA (985) 307-1367
Listing date Jun 11, 2026
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.
HighLights
- Duplex built in 1974 with two units, each offering 3 bedrooms and updated bathrooms
- Central heating and central air conditioning
- Covered carport parking with storage rooms
- Fenced exterior
- Shingle roof and public water service
- Located in an X Flood Zone
Overview
Located at 6425 PARK MANOR Drive in Metairie, the property is described as being just minutes from shopping, dining, and schools, with Lafreniere Park nearby. The home is also noted as being in an X Flood Zone.
The layout and finish level make the property well suited for an owner-occupant who wants to live in one unit while leasing the other, or for buyers seeking a straightforward duplex rental setup. With functional floor plans, generous living areas, and covered parking plus storage, it supports everyday livability for tenants and long-term owner management. Schedule a private showing to review the units and configuration in person.
Local 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 | $40.5k | $16.20 |
| − Vacancy | −$2.3k | −$0.92 |
| EGI | $38.2k | $15.28 |
| − OpEx | −$11.5k | −$4.58 |
| NOI | $26.7k | $10.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Metairie
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.207148
- Latitude
- 30.001426
