$193,000
Marrero, LA 70072
MLS# 2569954
1645 sqft
1 / 33
Property Description
Income-producing property featuring two detached residences on one lot in Marrero. The front residence offers 3 bedrooms and 2 bathrooms, while the rear residence features 1 bedroom and 1 bathroom. Both residences are currently tenant-occupied, generating a combined $2,350 per month in rental income, or $28,200 annually. Approximately 1,645 total square feet of living area, with 1,233 square feet in the front residence and 412 square feet in the rear. Features include updated flooring, separate driveways, off-street parking, and two separate water meters. Flood Zone X500 per appraisal. Existing rental income offers an opportunity for buyers seeking an investment property.
Details
Listing Information
Comp Sale YN: No
Property Sub Type: Commercial
Status Change Information
Price Change Timestamp: 2026-10-31T00:14:25Z
Status Change Timestamp: 2026-08-03
Delayed Marketing: No
Address
Parish or County: Jefferson
MLS Area Major: None
Street Number: 804
Street Name: Garden
Street Suffix: Road
City Limits YN: Yes
State: LA
Postal Code (Zip): 70072
Parcel Number: 0420002413
Directions: The neighborhood is bounded to the north by The Mississippi River, to the south by Lapalco Blvd, to the east by Destrehan Ave, to the west by Highway 90.
Cross Street: Westbank Expressway & 4th St.
Contract
Current Price: $193,000
Original List Price: 200000
Status: Active
Listing Contract Date: 2026-08-03
List Price: $193,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Occupant Type: Tenant
List Price/SqFt: 117.33
Interior
Building Area Total: 1645
Building Area Units: Square Feet
Building Area Source: Appraiser
Basement YN: No
Parking Information
Parking Total: 2
Building
Number Of Units Total: 3
Year Built: 1990
Year Built Source: Appraiser
Stories: 1
Lot
Lot Size Acres: 0.1205
Lot Size Square Feet: 5248.98
Lot Size Dimensions: 50x105
Land Lease YN: No
Waterfront YN: No
Sign On Property YN: Yes
Remarks
Public Remarks: Income-producing property featuring two detached residences on one lot in Marrero. The front residence offers 3 bedrooms and 2 bathrooms, while the rear residence features 1 bedroom and 1 bathroom. Both residences are currently tenant-occupied, generating a combined $2,350 per month in rental income, or $28,200 annually. Approximately 1,645 total square feet of living area, with 1,233 square feet in the front residence and 412 square feet in the rear. Features include updated flooring, separate driveways, off-street parking, and two separate water meters. Flood Zone X500 per appraisal. Existing rental income offers an opportunity for buyers seeking an investment property.
Utility Providers
Electric Provider: Entergy
Gas Provider: Atmos
Sewer Provider: Jefferson Parish
Water Provider: Jefferson Parish Department of Water
Income and Expenses
Annual Insurance Expense: 3537
Annual Net Operating Income: 19450.3
Annual Operating Expense: 2505
Cap Rate: 9.82
Estimated New Taxes Expense: 1579
Gross Income: 28200
Gross Scheduled Income: 28200
Occupancy Rate: 100
Total Actual Rent: 2350
Meter Information
Number Of Separate Electric Meters: 2
Number Of Separate Water Meters: 2
Lease Details
CAM YN: No
Tax Legal
Subdivision Name: Collura Place
Property Features
Utilities: Electricity Connected; Electricity Individual Meter; Natural Gas Connected; Sewer Connected; Water Connected; Water Individual Meter; Electricity Connected; Electricity Individual Meter; Natural Gas Connected; Sewer Connected; Water Connected; Water Individual Meter
Building Features: Dishwasher
Construction Materials: Wood Siding
Cooling: Central Air; Window Unit(s)
Current Use: Mixed Use
Disclosures: Property As Is
Electric: Circuit Breakers
Fencing: Other
Flood Zone(s): X
Flooring: Luxury Vinyl
Foundation Details: Raised
Heating: Central; Other
Location of Property: Suburban
Lock Box Type: None
Lot Features: Level; Other
Owner Pays: Insurance; Pest Control; Repairs; Taxes
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Composition; Shingle
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Tenant Pays: Electricity; Gas; Water
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only; See Remarks
Listing Office: Axis Realty Group LLC
Office Phone: 504-336-3000
Office Email: arginfogroup@gmail.com
Last Updated: October - 31 - 2026
Information deemed reliable but not guaranteed.
Broker Attribution:
504-336-3000
GUIDRY & CO. REAL ESTATE, Lafayette, LA. All offices are independently owned and operated. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana; MLS Real Estate listings held by brokerage firms other than GUIDRY & CO. REAL ESTATE are marked with the MLS approved icon for
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. “Information Deemed Reliable But Not Guaranteed”. Copyright 2016 REALTOR® Association of Acadiana, All rights reserved.
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