Courtesy: Bridgewater Realty Advisors, LLC
Bryce Danna-Marullo
504-301-5583
Four-unit multifamily property in the heart of Terrytown, offering a rare blend of stable income and owner-occupant flexibility. Each of the four apartments is a spacious two-bedroom, one-bathroom unit, currently generating $1,000 per month in rent for a combined $4,000 per month in gross income. Tenants pay their own electricity, while the owner covers water, keeping operating expenses simple and predictable. Terrytown's convenient West Bank location puts residents close to shopping, dining, schools, and quick access to major commuter routes into New Orleans, which supports consistently strong rental demand. Whether you're a seasoned investor looking to add a dependable cash-flowing asset or a first-time buyer hoping to live in one unit and let the other three help pay the mortgage, this property fits. Because it is a four-unit building, it may also qualify for FHA or VA owner-occupant financing, opening the door to low down payment options for the right buyer.
Terrytown is located in Louisiana. Terrytown, Louisiana has a population of 25,388. Terrytown is more family-centric than the surrounding county with 31.29% of the households containing married families with children. The county average for households married with children is 25.58%.
The median household income in Terrytown, Louisiana is $54,186. The median household income for the surrounding county is $58,638 compared to the national median of $69,021. The median age of people living in Terrytown is 34.1 years.
The average high temperature in July is 91.7 degrees, with an average low temperature in January of 44.3 degrees. The average rainfall is approximately 65.4 inches per year, with 0.1 inches of snow per year.
