Property profile

605 Wilker Neal Ave River Ridge, LA 70123

OFF-MARKET
Apartment buildings
Property ID
US36-0443004
2,250 SF
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Property summary

AI-generated overview

This River Ridge, Louisiana duplex at 605 Wilker Neal Ave offers a compelling investment opportunity. Priced at $185,000, this multifamily property boasts a total of 2,250 square feet and comprises two units, each featuring three bedrooms and one bathroom. One unit is currently occupied, while the other is vacant, presenting a significant value-add opportunity for a new owner. The vacant unit allows for immediate rent increase potential or the possibility of owner occupancy. The property's convenient location between Jefferson Highway and Airline Highway provides easy access to both major thoroughfares, approximately two minutes to each. Detailed financial information, including rent roll, income, and expense data, is available upon request. This property presents a strong potential for income generation and appreciation. The property is located in Jefferson Parish, Louisiana, zip code 70123.

Property profile

Verified
Property type Apartment buildings
Total area 2,250 SF
UPID US36-0443004

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

605 Wilker Neal Ave River Ridge, LA 70123
River Ridge metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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