605 Wilker Neal Ave, River Ridge, LA 70123
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.
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
Similar Nearby for Lease
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.