Duplex with Fenced
For Sale
$230,000
712-714 Hanson Place, Kenner, LA 70062
Two different unit layouts include one renovated residence and a second unit with scope for customization.
Property Size1,565 SF
Price / SF$146.96
Days on Market145
Property Features for 712-714 Hanson Place
General Information
Standard status
Active
Size
1,565 SF
Property subtype
Multi Family Home
Additional Details
Multifamily Units
2
Amenities
central A/C
fenced yard
shed
Fence
Building Details
Building Size
1,565 SF
Year Built
1943
Buildings
1
Stories
1
Listing Agency:
Realty One Group Immobilia
(504) 405-3211
Listed By:
Mabel Perdomo · License #995704420
(504) 606-1299
Source:
Donaldjulienrealestate
Added: Jun 3
Changed: Oct 23
Last Checked: Oct 23 at 4:31PM
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 Realty One Group Immobilia
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Investment Insights
Based on property information with market context.
This 1,565-square-foot duplex, built in 1943, contains one conventional-style unit and one shotgun-style unit. One residence has updated finishes, new countertops, and a new water heater; the other is ready for renovation. Both units have central A/C, and plumbing and electrical wiring were updated within the last two years.
The property sits on an oversized fenced lot and includes a large shed for storage. The address is 712-714 Hanson Place in Kenner, Louisiana.
The property sits on an oversized fenced lot and includes a large shed for storage. The address is 712-714 Hanson Place in Kenner, Louisiana.
Key Highlights
- Two‑unit property with conventional‑style and shotgun‑style layouts
- 1,565 square feet; built in 1943
- One unit features updated finishes, new countertops, and a new water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,175
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,500
$343.5K
Cap Rate 7%
$245,357
$245.4K
Cap Rate 9%
$190,833
$190.8K
Market Conditions
NOI Build-Up for 1,565 SF
Gross rent
$26.9K $17.16/SF
− Vacancy
−$2.3K −$1.48/SF
EGI
$24.5K $15.68/SF
− OpEx
−$7.4K −$4.70/SF
NOI
$17.2K $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%
$343,500
Cap Rate 7%
$245,357
Cap Rate 9%
$190,833
Alternative Uses
Best Use
Multifamily LT 5
$245.4K
$214.7K – $286.3K
NOI $17,175 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$229.4K
$200.7K – $267.6K
NOI $16,055 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$412.9K
$361.3K – $481.7K
NOI $28,902 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Explore this area
Business Placement
Demographics for 70062, LA
16,627
Population
6,679
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
77%
High-School Grad
7.1 sq mi
ZIP Area
2,342
Density / Sq Mi
$55,293
Median Household Income
$33,499
Median Earnings
$1,150
Median Rent
$197,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two different unit layouts include one renovated residence and a second unit with scope for customization.
Where is this duplex located?
The property is located at 712-714 Hanson Place Kenner, LA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Two‑unit property with conventional‑style and shotgun‑style layouts; 1,565 square feet; built in 1943; One unit features updated finishes, new countertops, and a new water heater
