Property summary
This exceptional investment opportunity presents a 12-unit multifamily property situated on a 0.09-acre lot at 314-318 Robinson Avenue in Marrero, Louisiana. The property encompasses three separate four-plex buildings, each offering twelve individual units. Each unit boasts one bedroom and one bathroom, equipped with brand new appliances including stoves and refrigerators. Individual units also feature window air conditioning units for tenant comfort. The property's substantial 4,200 square feet of space is complemented by a robust, recently replaced metal roof, installed within the last decade. This significant upgrade significantly reduces ongoing maintenance expenses and ensures long-term structural integrity. The property's location in the thriving Marrero area offers strong potential for rental income generation and future property value appreciation. This makes it an ideal acquisition for investors seeking to diversify their holdings and capitalize on the robust rental market. The asking price for this well-maintained, high-yield investment property is $700,000. This represents a compelling opportunity to secure a substantial return on investment in a desirable and growing market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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