Active

$1,300,000

3849 Ridgelake Dr, Metairie, LA 70002

16beds

8,094sqft

Est.:

Townhouse, Multi Family, Apartment

Built in 1980

0.26 Acres Lot

$1,210,100 Zestimate^®

$161/sqft

$-- HOA

What's special

Steps from lake pontchartrainOne dedicated parking spaceTownhouse-style unitsBreakfast area

Excellent investment opportunity in Metairie just off Causeway Boulevard and steps from Lake Pontchartrain. This well-located 8-unit apartment complex features all townhouse-style units, each offering 2 bedrooms, 1 full bath, and 1 half bath, with a functional layout that includes a spacious living room, kitchen, and breakfast area on the first floor, and both bedrooms with a full bath upstairs. Every unit is equipped with its own washer and dryer, providing added convenience and tenant appeal. Each residence includes one dedicated parking space, with easy access to nearby amenities, major roadways, and the lakefront. Situated just one block from the lake, tenants can enjoy quick access to scenic walking and biking paths along the water. This property presents a strong rental opportunity in a highly desirable area known for its accessibility and lifestyle appeal. Please note: property is currently in succession.

19 days

360

16

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 16
Full bathrooms: 8
1/2 bathrooms: 8

Heating

Central

Cooling

Central Air

Interior area

Total interior livable area: 8,094 sqft

Property

Parking

Total spaces: 3
Parking features: Three or more Spaces

Features

Levels: Two
Stories: 2

Lot

Size: 0.26 Acres
Dimensions: 12,192
Features: City Lot, Rectangular Lot

Details

Parcel number: 0820003021
Special conditions: None

Construction

Type & style

Home type: Townhouse
Property subtype: Townhouse, Multi Family, Apartment

Materials

Brick
Foundation: Slab
Roof: Asphalt

Condition

Average Condition
Year built: 1980

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Metairie

Financial & listing details

Price per square foot: $161/sqft
Tax assessed value: $320,500
Annual tax amount: $4,039
Date on market: 3/25/2026
Tenant pays: Electricity

Estimated market value

$1,210,100

$1.15M - $1.27M

$1,362/mo

Price history

Date	Event	Price
3/25/2026	Listed for sale	$1,300,000+0.8%$161/sqft
Source: GSREIN #2549634 Report a problem
6/16/2023	Listing removed	--
Source: GSREIN #2380593 Report a problem
5/30/2023	Price change	$1,900-5%
Source: GSREIN #2380593 Report a problem
2/11/2023	Listed for rent	$2,000
Source: GSREIN #2380593 Report a problem
1/27/2023	Listing removed	--
Source: GSREIN #2379120 Report a problem
1/26/2023	Listed for sale	$1,290,000$159/sqft
Source: GSREIN #2379120 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,039 +12.2%	$32,050 +17.1%
2023	$3,599 +2.7%	$27,360
2022	$3,505 +7.7%	$27,360
2021	$3,256 +0.7%	$27,360
2020	$3,232 +16.7%	$27,360 +20%
2019	$2,769 +7.1%	$22,800
2018	$2,585	$22,800
2017	$2,585	$22,800
2016	$2,585 -0.2%	$22,800 -1%
2015	$2,590	$23,030
2014	$2,590	$23,030