Active

Price cut: $14K (6/16)

$735,000

3005 Lake Villa Dr, Metairie, LA 70002

11beds

4,580sqft

$4,735/mo

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Multi Family, Apartment

Built in 1975

-- sqft lot

$689,600 Zestimate^®

$160/sqft

$-- HOA

What's special

REDUCED!! Great 6 plex Investment property in wonderful location of Metairie. Six units consisting of five -2 bedroom, 1 bath and one- 1 bedroom/ 1 bath unit. The 1 bedroom is currently the manager's unit. Currently under rented at $6125 month, can get more. Rent Proforma $7400. month. Tenants pay electric, owner pays water. Coin operated washers and dryers on site, current income $350. monthly. Laundry located rear of building in common area. Each unit has an assigned parking lane which holds 2 cars each. All underground plumbing has been replaced a few years back. Easy access to interstate, Veterans Hwy, bus stops, restaurants, groceries, etc... Flood Insurance $1689. 1 1/2 blocks from Raising Cane's Chicken and MOOYAH Burgers on Veterans, Fantastic location!! Buyer and Buyer's agent to do their own due diligence on Flood zone, etc..

123 days

82

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 6
Full bathrooms: 6

Heating

Central

Cooling

Central Air

Appliances

Laundry: Common Area

Interior area

Total interior livable area: 4,580 sqft

Property

Parking

Parking features: Assigned, Off Street, Parking Lot

Accessibility

Accessibility features: Accessibility Features

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 6,751 Square Feet
Dimensions: 50 x 135
Features: City Lot, Oversized Lot, Rectangular Lot

Details

Parcel number: 0820030953
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family, Apartment

Materials

Brick, Frame
Foundation: Slab
Roof: Asphalt,Shingle

Condition

Very Good Condition
Year built: 1975

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Lake Villas

Location

Region: Metairie

Financial & listing details

Price per square foot: $160/sqft
Tax assessed value: $275,700
Annual tax amount: $3,474
Date on market: 4/23/2026
Tenant pays: Electricity, Water

Estimated market value

$689,600

$655,000 - $724,000

$1,012/mo

Price history

Date	Event	Price
6/16/2026	Price change	$735,000-1.9%$160/sqft
Source: GSREIN #2554628 Report a problem
4/24/2026	Listed for sale	$749,000$164/sqft
Source: GSREIN #2554628 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,474 +6.8%	$27,570 +11.5%
2023	$3,252 +2.7%	$24,720
2022	$3,167 +7.7%	$24,720
2021	$2,941 +0.7%	$24,720
2020	$2,920 +13.6%	$24,720 +16.8%
2019	$2,570 +7.1%	$21,160
2018	$2,400	$21,160
2017	$2,400	$21,160
2016	$2,400 -0.2%	$21,160 -1%
2015	$2,405	$21,380
2014	$2,405	$21,380