Multi Family Investment Properties for Sale in Metairie, LA

Property at 6117-6119 Mitchell Ave, Metairie, LA
$ 359,900
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign471
  • 5 Bed
  • 3 Bath
  • 2838 sft
6117-6119 Mitchell Ave, Metairie, LA, 70003
Property at 4528-30 Ligustrum St, Metairie, LA
$ 295,500
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign360
  • 6 Bed
  • 3 Bath
  • 2582 sft
4528-30 Ligustrum St, Metairie, LA, 70001
Property at 6111-6113 Mitchell Ave, Metairie, LA
$ 319,900
ROI
27.8ROI percentage
Cash Flow/m
Dollar sign718
  • 4 Bed
  • 2 Bath
  • 1856 sft
6111-6113 Mitchell Ave, Metairie, LA, 70003
Property at 600 Grove Ave #2, Metairie, LA
$ 285,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign115
  • 4 Bed
  • 2 Bath
  • 1452 sft
600 Grove Ave #2, Metairie, LA, 70003

Why Invest in Metairie, Louisiana?

Multi-family properties in Metairie, LA offer strong investment potential with steady rental demand. Average rents around $1,645 support solid cash flows in this suburban New Orleans market. Cap rates hover at 6-7% amid moderate appreciation of 3% annually. Renter occupancy exceeds 50%, bolstered by local workforce stability. Low vacancy and growing multifamily demand make it ideal for passive income.

8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$1250/mo
Avg. Cash Flow
$1645/mo
Avg. Rent
3.2%
1Y Appreciation

Frequently Asked Questions

Cap rates for multi-family properties average 6.5% in Metairie. This reflects steady rents and moderate appreciation. Investors benefit from low vacancy rates supporting returns.

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