Property Attributes
- MLS#2578899
- TypeMulti-Family
- Listing Status Active
- ParishJEFFERSON
- CityMarrero
- NeighborhoodNot a Subdivision
- Zip70072
- StyleTraditional
- Year Built1980
- Price$ 739,900
- Bedrooms14
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage5600
Data Source:
Gulf South Real Estate Information Network
Property Description
Excellent investment opportunity in Marrero! This 8-unit multifamily property offers approximately 5,600 square feet of building area and is currently 100% occupied, providing immediate cash flow for the next owner. Current gross rental income is approximately $7,700 per month, or $92,400 annually, per seller plus monthly Laundry Area. With all units occupied and established rental income in place, this property presents a strong opportunity for investors looking to expand their portfolio with a stabilized income-producing asset. Conveniently located on the West Bank with off-street parking and access to surrounding shopping, employment, and major roadways. Offered at $739,000. Please do not disturb tenants.
| Price History | |
|---|---|
| 9/28/2026 | Listed $739,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Roof | Shingle |
| Patio/Porch Features | Balcony |
| Architectural Style | Traditional |
| Pool Features | None |
| Construction Materials | Brick |
| Year Built | 1980 |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Apartment |
| Accessibility | Accessibility Features |
| County | Jefferson |
| Property Type | Residential Income |
| Energy Efficient | Insulation,Water Heater |
| Subdivision Name | Not a Subdivision |
| Full Baths | 8 |
| Status | Active |
| City | Marrero |
| Number Of Units Total | 8 |
| Property Condition | Very Good Condition |
| Standard Status | Active |
| Tax Lot | 1A |
| Property Sub Type Additional | Apartment |
| PostalCity | Marrero |
| Legal Description | LOT 1ASQ B MICHEL |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Laundry Features | Laundry Room |
| Total Bedrooms | 14 |
| LivingAreaSource | Assessor |
Exterior Features
| Exterior Amenities | Balcony,Fence |
|---|---|
| Parking Features | Driveway,Off Street |
| Lot Features | City Lot,Rectangular Lot |
| Water Source | Public |
| Foundation Details | Slab |
| Lot Dimensions | 80x105 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 70072
In The Neighborhood
Franklinton
$ 460,000
- Type
- Multi-Family
- Size
- 8,001 SqFt
- Rooms
- 9 Beds + 8 Baths
New Orleans
$ 439,000
- Type
- Multi-Family
- Size
- 1,597 SqFt
- Rooms
- 4 Beds + 4 Baths
New Orleans
$ 1,100,000
- Type
- Multi-Family
- Size
- 3,033 SqFt
- Rooms
- 5 Beds + 4 Baths
New Orleans
$ 420,000
- Type
- Multi-Family
- Size
- 2,299 SqFt
- Rooms
- 6 Beds + 3 Baths
Hammond
$ 650,000
- Type
- Multi-Family
- Size
- 6,800 SqFt
- Rooms
- 16 Beds + 8 Baths
Hammond
$ 315,900
- Type
- Multi-Family
- Size
- 2,447 SqFt
- Rooms
- 7 Beds + 4 Baths
Ponchatoula
$ 535,000
- Type
- Multi-Family
- Size
- 5,103 SqFt
- Rooms
- 8 Beds + 6 Baths
New Orleans
$ 485,000
- Type
- Multi-Family
- Size
- 1,750 SqFt
- Rooms
- 4 Beds + 4 Baths
New Orleans
$ 1,454,000
- Type
- Multi-Family
- Size
- 750 SqFt
- Rooms
- 12 Beds + 7 Baths
Pearl River
$ 239,000
- Type
- Multi-Family
- Size
- 1,718 SqFt
- Rooms
- 2 Beds + 1 Baths
Hammond
$ 795,000
- Type
- Multi-Family
- Size
- 6,144 SqFt
- Rooms
- 16 Beds + 8 Baths
New Orleans
$ 450,000
- Type
- Multi-Family
- Size
- 3,000 SqFt
- Rooms
- 6 Beds + 4 Baths
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Last Updated: September 28, 2026 8:47 PM UTC