This is a prime investment opportunity to acquire a magnificent double in a high-demand location. The property features 6 bedrooms, 4 full bathrooms, and 2 half bathrooms.
It is a turnkey, income-producing asset with established long-term tenants already in place.
Key property features include:
- Ample rear parking accessible via a shared driveway.
- Covered rear patios designed for outdoor enjoyment while providing relief from the Louisiana heat.
- Brand new AC system installed at 5010 within the last year (2025-2026).
- Roofs are approximately 6 years old (installed circa 2020).
Active
$525,000
5008 Newlands St, Metairie, LA 70006
6beds
3,635sqft
:
Get pre-qualified$3,382/mo
Townhouse, Duplex, Multi Family, Multi Family
Built in 1966
8,800 Square Feet Lot
$512,300 Zestimate®
$144/sqft
$-- HOA
What's special
Brand new ac system
- 10 days |
- 95 |
- 1 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Mary Paulk 504-884-1005,
Bourg Realty Group LLC 504-736-0544
Source: GSREIN,MLS#: 2569079
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Central, Gas
Cooling
- Central Air
Interior area
- Total interior livable area: 3,635 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Two Spaces
Features
- Levels: Two
- Stories: 2
- Exterior features: Fence
- Pool features: None
Lot
- Size: 8,800 Square Feet
- Dimensions: 55 x 160
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 0820017993
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse, Duplex, Multi Family, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Flat
Condition
- Very Good Condition
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Pontchartrain Gardens
Location
- Region: Metairie
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $422,800
- Annual tax amount: $5,328
- Date on market: 7/24/2026
- Tenant pays: Electricity, Gas, Water
Estimated market value
$512,300
$487,000 - $538,000
$2,494/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $525,000$144/sqft |
Source:  GSREIN #2569079 Report a problem | ||
| 4/9/2021 | Sold | -- |
Source: Public Record Report a problem | ||
| 7/2/2019 | Listing removed | $1,500 |
Source: Keller Williams Realty 455-0100 #2203171 Report a problem | ||
| 6/6/2019 | Price change | $1,500-6.3% |
Source: Keller Williams Realty 455-0100 #2203171 Report a problem | ||
| 5/10/2019 | Listed for rent | $1,600 |
Source: KELLER WILLIAMS REALTY 455-0100 #2203171 Report a problem | ||
| 10/19/2018 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,328 -4.2% | $42,280 |
| 2023 | $5,562 +2.7% | $42,280 |
| 2022 | $5,417 +7.7% | $42,280 |
| 2021 | $5,031 +75% | $42,280 +32.8% |
| 2020 | $2,874 -2.7% | $31,830 |
| 2019 | $2,955 +126.6% | $31,830 +67.5% |
| 2018 | $1,304 | $19,000 |
| 2017 | $1,304 | $19,000 |
| 2016 | $1,304 +0.8% | $19,000 |
| 2015 | $1,294 | $19,000 |
| 2014 | $1,294 | $19,000 |
| 2013 | -- | $19,000 |
| 2012 | -- | $19,000 |
| 2011 | -- | $19,000 |
| 2010 | -- | $19,000 |
| 2009 | -- | $19,000 |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Pontchartrain Gardens
Nearby schools
GreatSchools rating
- 5/10Alice M.Birney Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10John Q. Adams Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Grace King High SchoolGrades: 9-12Distance: 1.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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