3107 Orris Ln Metairie, LA 70002
New Metairie North NeighborhoodEstimated payment $13,594/month
Highlights
- 0.46 Acre Lot
- Colonial Architecture
- Porch
- Metairie Academy For Advanced Studies Rated A-
- Oversized Lot
- Central Heating and Cooling System
About This Home
Excellent investment opportunity in the heart of Metairie! Located at 3107 Orris Ln, this fully renovated apartment complex offers a total of 22 updated units, featuring 10 spacious 2-bedroom/1-bath apartments and 12 comfortable 1-bedroom/1-bath apartments. The 2-bedroom units are equipped with convenient washer and dryer hookups, while the 1-bedroom residents have access to a dedicated laundry building at the rear of the property. Each unit has its own central a/c system. Tenants also enjoy off-street parking with space for 22 vehicles. Each unit has been modernized with updated finishes, making this a turnkey asset with strong rental potential. The property is ideally situated just minutes from Veterans Memorial Blvd, I-10, and Causeway Blvd, giving residents quick access to New Orleans, Kenner, and surrounding areas. This central location puts shopping, dining, and entertainment right at your doorstep, with Lakeside Shopping Center, Trader Joe’s, Whole Foods, and numerous local restaurants just minutes away. With its combination of upgraded units, desirable amenities, and unbeatable Metairie location, this property is well-positioned to provide steady income and long-term value.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $930
Year Built
- Built in 1950
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 100x200
- Fenced
- Oversized Lot
- Property is in very good condition
Home Design
- Colonial Architecture
- Slab Foundation
- Membrane Roofing
- Wood Siding
- Stucco
Interior Spaces
- 17,600 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 32 Bedrooms
- 22 Full Bathrooms
Parking
- Off-Street Parking
- Assigned Parking
Additional Features
- Porch
- Outside City Limits
- Central Heating and Cooling System
Listing and Financial Details
- The owner pays for gas, water
- Assessor Parcel Number 0820031237
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $930 | $76,610 | $9,800 | $66,810 |
| 2023 | $10,078 | $76,610 | $9,800 | $66,810 |
| 2022 | $9,815 | $76,610 | $9,800 | $66,810 |
| 2021 | $9,116 | $76,610 | $9,800 | $66,810 |
| 2020 | $9,051 | $76,610 | $9,800 | $66,810 |
| 2019 | $8,918 | $73,430 | $9,800 | $63,630 |
| 2018 | $8,327 | $73,430 | $9,800 | $63,630 |
| 2017 | $8,327 | $73,430 | $9,800 | $63,630 |
| 2016 | $8,165 | $73,430 | $9,800 | $63,630 |
| 2015 | $7,919 | $70,400 | $9,800 | $60,600 |
| 2014 | $7,919 | $70,400 | $9,800 | $60,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | For Sale | $2,500,000 | -- | $142 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Cash Sale Deed | $150 | None Available | |
| Warranty Deed | $125,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,680,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $87,500 | New Conventional |
Source: ROAM MLS
MLS Number: 2519823
APN: 0820031237
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