200 Pink St Metairie, LA 70005
This meticulously maintained, single-story duplex in desirable Old Metairie, Louisiana, presents a compelling investment or owner-occupied opportunity. Built in 1960 and extensively renovated in 2020, the property boasts 1,792 square feet situated on a 5,000 square foot lot. The property is zoned RD2 and features two units, each offering significant rental income potential. Located at 200 Pink Street, Metairie, LA 70005, this property enjoys a prime location just off Metairie Road, providing convenient access to a vibrant array of shops, restaurants, and amenities. The asking price is $499,000, translating to a price per square foot of $278.46 and a price per unit of $249,500. This represents a strong value proposition in a highly sought-after neighborhood. The property is also available as part of a larger five-building portfolio for $2.5 million. This turnkey investment offers immediate cash flow and the potential for long-term appreciation in a stable market. The property is not subject to a ground lease. This is an exceptional opportunity for investors seeking a high-return asset in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.