Just Listed
Address
864 Carmadelle Street, Marrero, LA
Price
$ 739,900
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

Price
AVG $350K
$740K
Year Built
AVG 1975
1980
Visits
AVG 32
2
Data Provided by Inside Real Estate®

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