Duplex Investment
731-33 Minor Street Kenner, LA 70062
731-33 Minor Street, Kenner, LA, 70062
$168,900
Pending
For Sale
$168,900
Pending
Duplex for sale in Kenner with additional duplexes and buildable lots available as part of a broader portfolio.
Property Size1,460 SF
Days on Market75
Property Features for 731-33 Minor Street
General Information
- Standard status
- Pending
- Size
- 1,460 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1963
Listing agency
Keller Williams Realty Services
(985) 789-8717
Listed by
Gregg Tepper · License #995700267
(985) 789-8717
Source
Compass
Added: May 9 Updated: Jul 22 at 6:53AM Checked: Jul 22 at 6:53AM
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 Keller Williams Realty Services
Investment Insights
Based on property information with market context.
This duplex for sale offers residential income potential at 731-33 Minor Street in Kenner, Louisiana. The property is listed as 1,460 in size and is also being offered as part of a larger portfolio that includes nearby duplexes and buildable lots.
The public remarks describe the duplex as located in South Kenner within walking distance to the river and River Town, with convenient access to public transportation and nearby everyday services including grocery stores and gas stations.
The public remarks describe the duplex as located in South Kenner within walking distance to the river and River Town, with convenient access to public transportation and nearby everyday services including grocery stores and gas stations.
Key Highlights
- Duplex built in 1963 with brick construction, asphalt roof, and slab foundation
- 1‑story duplex with 4 total bedrooms and 2 full bathrooms
- Heating includes wall furnace and other heat; cooling provided by window unit(s)
Local Financial Insights For Apartment 5plus
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 | $30.0k | $20.52 |
| − Vacancy | −$2.7k | −$1.87 |
| EGI | $27.2k | $18.65 |
| − OpEx | −$12.3k | −$8.39 |
| NOI | $15.0k | $10.26 |
1,460 SF · lease $20.52/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$228.9K
$200.3K – $267.0K
NOI $16,022 @ 7.0% cap · market cap 9.49%
Second Best
Apartment 5plus
$214.0K
$187.2K – $249.6K
NOI $14,978 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$385.2K
$337.0K – $449.4K
NOI $26,963 @ 7.0% cap · market cap 15.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex for sale in Kenner with additional duplexes and buildable lots available as part of a broader portfolio.
Where is this duplex located?
The property is located at 731-33 Minor Street Kenner, LA.
What is the asking price?
The asking price for this property is $168,900.
What are key features of this property?
This property features: Duplex built in 1963 with brick construction, asphalt roof, and slab foundation; 1‑story duplex with 4 total bedrooms and 2 full bathrooms; Heating includes wall furnace and other heat; cooling provided by window unit(s)
