Updated Duplex with Separate
8620 Highway 23 Belle Chasse, LA 70037
8620 Highway 23, Belle Chasse, LA, 70037
$299,000
For Sale
$299,000
Two well-maintained rental units include a 3-bed/2-bath home and a 1-bed/1-bath unit with separate electric.
Property Size1,835 SF
Price / SF$162.94
Days on Market299
Property Features for 8620 Highway 23
General Information
- Standard status
- Active
- Size
- 1,835 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1970
Listing agency
TCK Realty LLC
(504) 214-9830
Listed by
Courtney Kattengell · License #995703049
(504) 214-9830
Source
Compass
Added: Sep 26, 2025 Updated: Jul 20 at 7:51PM Checked: Jul 20 at 7:51PM
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 TCK Realty LLC
Investment Insights
Based on property information with market context.
This updated duplex contains two rental units: a main house with 3 bedrooms and 2 full baths, and a second unit offering 1 bedroom and 1 bath. The second unit has its own separate electrical meter, providing independent utility service.
The property has been recently refreshed with improvements that include fresh paint, updated bathroom fixtures and vanities, new flooring, and other noted updates. The duplex is positioned behind another building, offering added privacy for day-to-day living.
Located at 8620 Highway 23 in Belle Chasse, the layout lends itself to a two-income setup or an owner-occupant arrangement while continuing to rent the additional unit.
The property has been recently refreshed with improvements that include fresh paint, updated bathroom fixtures and vanities, new flooring, and other noted updates. The duplex is positioned behind another building, offering added privacy for day-to-day living.
Located at 8620 Highway 23 in Belle Chasse, the layout lends itself to a two-income setup or an owner-occupant arrangement while continuing to rent the additional unit.
Key Highlights
- Two rental units: a 3‑bed/2‑bath main house plus a 1‑bed/1‑bath second unit
- Second unit has a separate electrical meter
- Recent updates include fresh paint, bathroom fixtures and vanities, and new flooring
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 | $31.5k | $17.16 |
| − Vacancy | −$2.7k | −$1.48 |
| EGI | $28.8k | $15.68 |
| − OpEx | −$8.6k | −$4.70 |
| NOI | $20.1k | $10.97 |
1,835 SF · lease $17.16/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$287.7K
$251.7K – $335.6K
NOI $20,138 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$268.9K
$235.3K – $313.8K
NOI $18,825 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$484.1K
$423.6K – $564.8K
NOI $33,889 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two well-maintained rental units include a 3-bed/2-bath home and a 1-bed/1-bath unit with separate electric.
Where is this duplex located?
The property is located at 8620 Highway 23 Belle Chasse, LA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two rental units: a 3‑bed/2‑bath main house plus a 1‑bed/1‑bath second unit; Second unit has a separate electrical meter; Recent updates include fresh paint, bathroom fixtures and vanities, and new flooring
