$381,000
$350,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
812/814 FAUN ST Metairie, LA 70003
4 Beds
4 Baths
2,000 SqFt
Key Details
Sold Price $381,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $190
Subdivision Woodland Acres
MLS Listing ID 2539507
Sold Date 03/06/26
Style Traditional
Bedrooms 4
Full Baths 4
Construction Status Excellent
HOA Y/N No
Year Built 1986
Property Sub-Type Duplex
Property Description
Income-producing, renovated DUPLEX located at 812 & 814 Faun Street in Metairie. This well-maintained property features two identical units totaling 2,000 sq ft, with 1,000 living sq ft per side. Each unit offers 2 bedrooms, 2 full bathrooms, updated kitchens and bathrooms, fresh paint, and a newer roof. Both units include washer, dryer, refrigerator, and all appliances, making this a true turnkey investment. Each side has its own fully fenced private yard and a driveway with off-street parking for 2 to 3 vehicles.
Current rents are $1,800/month for each side, producing $3,600 in monthly income or $43,200 annually. At the list price, this equates to an approximate 12.34% gross return, offering immediate cash flow with strong upside potential. Property is separately metered and has been consistently well cared for.
Conveniently located near major hospitals, shopping, grocery stores, restaurants, and with quick access to I-10, Veterans Blvd, and Lakeside area amenities. Ideal for investors seeking a stabilized, income-producing asset or an owner-occupant looking to offset a mortgage with rental income. Make your appointment today! Please do not disturb tenants-THANK YOU!!
Location
State LA
County Jefferson
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Exterior Feature Fence, Porch
Parking Features Driveway, Off Street, Three or more Spaces
Pool None
Water Access Desc Public
Roof Type Shingle
Porch Porch
Building
Lot Description City Lot, Rectangular Lot
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Construction Status Excellent
Others
Tax ID 0820014588
Financing FHA
Special Listing Condition None
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