864 Carmadelle Street
Marrero, LA 70072
14
Bed
8
Bath
5,600Sqft
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.
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 14Bathroom Information
Full Baths: 8Roofing Information
Shingle -
Interior Features
Roof: ShingleLaundry Features: LaundryRoom -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1980Construction Materials: BrickStories: 2Patio And Porch Features: BalconyPool Features: NonePrivate Pool: No -
Exterior Features
Exterior Features: Balcony, Fence
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Lot Information
Lot Dimensions: 80x105 Lot Description: CityLot,RectangularLotProperty Information
Subdivision: Not a Subdivision Source Property Type: ResidentialIncome Property SubType: Apartment Levels: Two Property Age: 46
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Listing Price Information
Listing Price: $739900
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Tax Information
Parcel Number: 0420002717 Tax Lot: 1A Tax Legal Desc: LOT 1ASQ B MICHEL
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Virtual Tour
Parking Information
Driveway, OffStreet
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Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2032 34 James Drive, Marrero, LA, 70072 | $289,000 | 6 | 4 | 2,000 | -- |
| 417-19 Avenue A Avenue, Marrero, LA, 70072 | $160,000 | 2 | 2 | 1,600 | 0.08 Acre |
| 7409 4th Street, Marrero, LA, 70072 | $185,000 | 2 | 2 | 1,340 | -- |
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Nearby For Sale
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ByOwner last updated this listing 09/30/2026 @ 18:48
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