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About This Home

This 0-bedroom, 0-bathroom residential multi family at 506 N ELM Street in Metairie, LA is listed for $250,000 ($131 per sqft). Built in 1963, the home offers 1,905 sqft of living space on a 0.11 acres lot.

Agent Description

Turnkey Investment Opportunity! Fully rented duplex generating $2,600/month in rental income. Property features a 3BD/2BA unit and a 2BD/1BA unit, both tenant-occupied for immediate cash flow. Unit 506 available for showings but requires a 24hr notice; Unit 508 shown after accepted offer only. Please do not disturb tenants.

Key Features

  • Built in 1963
  • 0.11 acre lot

Property Details

1 story
1963

Amenities

A/C

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

506 N ELM Street

Metairie, LA 70003

Features & Amenities

Exterior Features

Fence

Property Details

Parking

Off StreetDriveway

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 506 N ELM Street is listed at $250,000 ($131/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.

Key features include: Built in 1963, 0.11 acre lot. Exterior Features: Fence.

This property is listed by Jennifer Morales and can be reached at (504) 669-8822 or Jennifer.morales@kw.com.

JM

Jennifer Morales

Agent at KELLER WILLIAMS REALTY 455-0100

(504) 669-8822

Listed by KELLER WILLIAMS REALTY 455-0100 · View on Broker Site

MLS# 2537705· Source: listhub· Updated 139 days ago

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

506 N ELM Street, Metairie, LA 70003

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